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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.97%
New listings on Bitget: Pi Network
BTC/USDT$82889.99 (-1.01%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$120.9M (1D); -$35.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.97%
New listings on Bitget: Pi Network
BTC/USDT$82889.99 (-1.01%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$120.9M (1D); -$35.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
SOV
TTD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Sovryn(SOV) to Trinidad and Tobago Dollar(TTD). This is the real-time data. The current conversion shows 1 SOV at a value of 1 SOV for 1.20 TTD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
TTD information
About Trinidad and Tobago Dollar (TTD)
The Trinidad and Tobago Dollar (TTD), introduced in 1964, is more than just the official currency of Trinidad and Tobago; it represents the nation's unique cultural diversity and its journey towards economic development. It is commonly abbreviated as TTD and represented by the symbol TT$. Replacing the British West Indies Dollar, the Trinidad and Tobago Dollar was established shortly after the country gained independence, marking a significant step in its pursuit of economic sovereignty.
Historical Background
The introduction of the Trinidad and Tobago Dollar was a key development in post-independence Trinidad and Tobago. It signified the nation's break from its colonial past and was instrumental in laying the groundwork for an independent monetary system. The Trinidad and Tobago Dollar was a manifestation of the new nation's aspirations to build a robust and diversified economy.
Design and Symbolism
The design of the Trinidad and Tobago Dollar reflects the country's rich history, cultural heritage, and natural beauty. Banknotes and coins feature images of notable historical figures, native wildlife, and landmarks. These designs do more than facilitate financial transactions; they narrate stories of the nation's past and present, fostering a sense of identity and pride.
Economic Role
The Trinidad and Tobago Dollar plays a central role in the nation’s economy, which is driven primarily by oil and natural gas production. As the primary medium of exchange, it supports these and other key sectors, including tourism, manufacturing, and services, enabling trade and investment. The stability of the Dollar is crucial for the country's economic health and investor confidence.
Monetary Policy and Stability
Managed by the Central Bank of Trinidad and Tobago, the Dollar has faced various economic challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency and control inflation, supporting sustainable economic growth and maintaining public confidence.
International Trade and the Trinidad and Tobago Dollar
In international trade, the value of the Dollar is crucial, particularly for Trinidad and Tobago's exports like petroleum, petrochemicals, and liquefied natural gas. A stable Dollar is essential for maintaining competitive export prices and attracting foreign direct investment.
Remittances and Economic Impact
Remittances from Trinidadians and Tobagonians living abroad, especially in the United States, Canada, and the UK, are a significant source of foreign income. These remittances, converted into Dollars, support many families and contribute to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular Sovryn currency pair is the SOV to TTD, with for Sovryn's currency code being SOV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for TTD.
SOV to TTD conversion rate trend
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In the past 1D, Sovryn has changed -4.80% to TTD. Based on the trend and price charts, Sovryn(SOV) has changed -4.80% to TTD while Trinidad and Tobago Dollar(TTD) has changed % to SOV in the last 24 hours.
SOV to TTD market statistics
SOV/TTD:
$ 1.2
SOV 24h volume:
$ 366,856.27
SOV market cap:
$ 72,098,485.88
SOV circulating supply:
60.10M SOV
More info about Sovryn on Bitget
Current SOV to TTD exchange rate
Sovryn to Trinidad and Tobago Dollar is falling this week.Sovryn's current market price is $ 1.2 per SOV, with a total market cap of $ 72,098,485.88 TTD based on a circulating supply of 60,100,870 SOV. The trading volume of Sovryn has changed by +14.87% ($ 47,485.07 TTD) in the last 24 hours. Last trading day, SOV's trading volume was $ 319,371.2.
SOV to TTD Conversion tables
The exchange rate of Sovryn is decreasing.1 SOV is currently valued at $ 1.2 TTD , which means buying 5 SOV will cost $ 6 TTD . Similarly, $1 TTD can be traded for 0.8336 SOV, and $50 TTD can be converted to 41.68 SOV, excluding any platform or gas fees.
The exchange rate of 1 SOV to Trinidad and Tobago Dollar has changed by -8.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.80%, reaching a high of 1.26 TTD and a low of 1.2 TTD . One month ago, the value of 1 SOV was $ 1.34 TTD , which represents a -10.51% change from its current value. Over the last year, Sovryn has changed by , resulting in a change of -91.14% in its value.
-$
12.33TTDSOV to TTD
Amount
02:57 am today
0.5 SOV
$0.5998
1 SOV
$1.2
5 SOV
$6
10 SOV
$12
50 SOV
$59.98
100 SOV
$119.96
500 SOV
$599.81
1000 SOV
$1,199.62
TTD to SOV
Amount02:57 am today
0.5TTD0.4168 SOV
1TTD0.8336 SOV
5TTD4.17 SOV
10TTD8.34 SOV
50TTD41.68 SOV
100TTD83.36 SOV
500TTD416.8 SOV
1000TTD833.59 SOV
SOV to TTD Today vs. 24 hours ago
| Amount | 02:57 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOV | $0.5998 | $0.6300 | -4.80% |
| 1 SOV | $1.2 | $1.26 | -4.80% |
| 5 SOV | $6 | $6.3 | -4.80% |
| 10 SOV | $12 | $12.6 | -4.80% |
| 50 SOV | $59.98 | $63 | -4.80% |
| 100 SOV | $119.96 | $126.01 | -4.80% |
| 500 SOV | $599.81 | $630.04 | -4.80% |
| 1000 SOV | $1,199.62 | $1,260.08 | -4.80% |
SOV to TTD Today vs. 1 month ago
| Amount | 02:57 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOV | $0.5998 | $0.6703 | -10.51% |
| 1 SOV | $1.2 | $1.34 | -10.51% |
| 5 SOV | $6 | $6.7 | -10.51% |
| 10 SOV | $12 | $13.41 | -10.51% |
| 50 SOV | $59.98 | $67.03 | -10.51% |
| 100 SOV | $119.96 | $134.05 | -10.51% |
| 500 SOV | $599.81 | $670.26 | -10.51% |
| 1000 SOV | $1,199.62 | $1,340.53 | -10.51% |
SOV to TTD Today vs. 1 year ago
| Amount | 02:57 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOV | $0.5998 | $6.77 | -91.14% |
| 1 SOV | $1.2 | $13.53 | -91.14% |
| 5 SOV | $6 | $67.66 | -91.14% |
| 10 SOV | $12 | $135.33 | -91.14% |
| 50 SOV | $59.98 | $676.64 | -91.14% |
| 100 SOV | $119.96 | $1,353.28 | -91.14% |
| 500 SOV | $599.81 | $6,766.39 | -91.14% |
| 1000 SOV | $1,199.62 | $13,532.78 | -91.14% |
How to convert SOV to TTD
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Convert SOV to TTD
Use a variety of payment options to buy Sovryn on Bitget. We'll show you how.
Buy SOV (or USDT) for TTD (Trinidad and Tobago Dollar) offers
Bitget P2P trading does not currently support direct buying of SOV with TTD. However, you can buy USDT in Bitget P2P trading first, and then buy SOV with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell SOV (or USDT) for TTD (Trinidad and Tobago Dollar) offers
Bitget P2P trading currently does not support direct selling of SOV to TTD. However, you can first exchange SOV for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of SOV to TTD?
There are many factors that affect the relationship between Sovryn and Trinidad and Tobago Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of SOV/TTD. When there is positive news in the market about the widespread adoption of SOV or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOV/TTD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOV/TTD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of SOV/TTD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Sovryn and adjust their investment strategies accordingly in the evolving market.
Sovryn price prediction
What will the price of SOV be in 2026?
Based on SOV's historical price performance prediction model, the price of SOV is projected to reach $0.1854 in 2026.
What will the price of SOV be in 2031?
In 2031, the SOV price is expected to change by +26.00%. By the end of 2031, the SOV price is projected to reach $0.3092, with a cumulative ROI of +74.01%.
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Popular Sovryn Converter
Check out these popular currency conversions of Sovryn to several fiat currencies.
SOV to TWD
1 SOV to NT$ 5.83 TWD
SOV to CNY
1 SOV to ¥ 1.29 CNY
SOV to USD
1 SOV to $ 0.1770 USD
SOV to EUR
1 SOV to € 0.1598 EUR
SOV to CAD
1 SOV to $ 0.2489 CAD
SOV to TTD
1 SOV to $ 1.2 TTD
SOV to KRW
1 SOV to ₩ 253.99 KRW
SOV to JPY
1 SOV to ¥ 25.87 JPY
SOV to GBP
1 SOV to £ 0.1350 GBP
SOV to BRL
1 SOV to R$ 0.9970 BRL
Popular cryptocurrencies to TTD
Explore other cryptocurrencies based on your interest in Sovryn.
DGB to TTD
1 DGB to $ 0.07099 TTD
RARE to TTD
1 RARE to $ 0.4650 TTD
FUN to TTD
1 FUN to $ 0.03949 TTD
BNB to TTD
1 BNB to $ 4,017.92 TTD
ACH to TTD
1 ACH to $ 0.1410 TTD
ATOM to TTD
1 ATOM to $ 32.2 TTD
VOXEL to TTD
1 VOXEL to $ 0.2528 TTD
MBOX to TTD
1 MBOX to $ 0.3616 TTD
BSW to TTD
1 BSW to $ 0.1226 TTD
TIA to TTD
1 TIA to $ 19.27 TTD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Sovryn and TTD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Sovryn and TTD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Sovryn in TTD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
