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Started By
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Trinidad announced they are changing currency and a month to change it
Posted on 12/14/19 at 7:18 am
Posted on 12/14/19 at 7:18 am
The 100 dollar bill is the most used bill here (its worth roughly 16 dollars US).
The govt just announced last week they are changing it and effective Jan 1 the old bills will be of no value.
Its the 14th of December, I have been in dozens of stores since this was announced, as well as the bank, and have only seen the new bill once.
Massive lines at the banks, stores refusing to take the old bills, govt threatening businesses for not accepting the old bills, all during the busiest shopping season of the year.
The theory of doing a sudden change was to catch drug dealers short when they could not turn in large amounts of cash without scrutiny. Problem is, Ive seen many documentaries on drug lords......and not a one of them was doing deals with Trinidad dollars..........
In the meantime, Im buying a lot of packs of gum with 100 bills to get them exchanged.
The govt just announced last week they are changing it and effective Jan 1 the old bills will be of no value.
Its the 14th of December, I have been in dozens of stores since this was announced, as well as the bank, and have only seen the new bill once.
Massive lines at the banks, stores refusing to take the old bills, govt threatening businesses for not accepting the old bills, all during the busiest shopping season of the year.
The theory of doing a sudden change was to catch drug dealers short when they could not turn in large amounts of cash without scrutiny. Problem is, Ive seen many documentaries on drug lords......and not a one of them was doing deals with Trinidad dollars..........
In the meantime, Im buying a lot of packs of gum with 100 bills to get them exchanged.
6
Posted on 12/14/19 at 7:20 am to trinidadtiger
Posted on 12/14/19 at 7:24 am to trinidadtiger
you mean that y'all don't just trade conch shells and coconuts and shite?
This post was edited on 12/14/19 at 7:26 am
Posted on 12/14/19 at 7:27 am to trinidadtiger
Sweet T&T But, seriously, are they changing the currency or just replacing the TT$100 bill?
This post was edited on 12/14/19 at 7:31 am
Posted on 12/14/19 at 8:42 am to trinidadtiger
No problem mon.
Posted on 12/14/19 at 8:45 am to trinidadtiger
Since the bills are worthless ,can you gather up a stack and send them to me? Please?
Posted on 12/14/19 at 12:55 pm to OTIS2
Changing the bill not the currency, like Venezuela does every other month.
But what a royal pain in the arse. A lot of bitching and moaning if you try and pay with the old bill, when thats most of what is out there, including what is coming out of ATMs.
So if you need cash and you dont want 100 dollar old bills, you have to stand in line for hours to ask for 20s.
Typical lack of thought process when changing something.
But what a royal pain in the arse. A lot of bitching and moaning if you try and pay with the old bill, when thats most of what is out there, including what is coming out of ATMs.
So if you need cash and you dont want 100 dollar old bills, you have to stand in line for hours to ask for 20s.
Typical lack of thought process when changing something.
Posted on 12/14/19 at 1:05 pm to auggie
quote:
you mean that y'all don't just trade conch shells and coconuts and shite?
Nah, but I did see some conch shells last week at Pigeon beach in Tobago, taking a little break from work with a few cold ones checking out those tourists covered in oil...hows the weather there....
Posted on 12/14/19 at 1:10 pm to trinidadtiger
Beautiful here today, just had to move some lumber around in the yard, didn't even break a sweat. Around 63 degrees is perfect weather to me.
Posted on 12/14/19 at 1:42 pm to trinidadtiger
I'm just spitballing solutions, but any way to buy gift cards with the old bills?
Or, conversely, buy traveler's checks or money orders?
I'm just trying to get you baws past 12/31, but may be thinking in First World terms.
Good luck.
Or, conversely, buy traveler's checks or money orders?
I'm just trying to get you baws past 12/31, but may be thinking in First World terms.
Good luck.
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