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The Trinidad and Tobago Dollar (TTD) is the official currency of Trinidad and Tobago, a twin-island nation in the Caribbean. It is used for all transactions within the country and is subdivided into 100 cents, facilitating both small and large purchases within the economy.
Special Drawing Rights (SDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. SDRs are allocated to member countries in proportion to their IMF quotas and can be exchanged among members for freely usable currencies, providing liquidity in the global economy.