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Port of Spain, officially the City of Port of Spain (also stylized Port-of-Spain), is the capital city of Trinidad and Tobago.With a municipal population of 49,867 (2017), [2] an urban population of 81,142 and a transient daily population of 250,000, [5] it is Trinidad and Tobago's third largest municipality, after Chaguanas and San Fernando.
Trinidad and Tobago houses one of the largest natural gas processing facilities in the Western Hemisphere. The Phoenix Park Gas Processors Limited (PPGPL) natural gas liquids (NGL) complex is located in the Port of Savonetta. It has a processing capacity of almost 2 billion cubic feet (Bcf) per day and an output capacity of 70,000 barrels per ...
The bank was established by an agreement (the Eastern Caribbean Central Bank Agreement) signed at Port of Spain on 5 July 1983. The exchange rate of $4.80 = £1 sterling (equivalent to the old $1 = 4s 2d) continued until 1976 for the new Eastern Caribbean dollar.
Trinidad and Tobago, [a] officially the Republic of Trinidad and Tobago, is the southernmost island country in the Caribbean.Comprising the main islands of Trinidad and Tobago, along with numerous smaller islands, it is located 11 kilometres (6 nautical miles) northeast off the coast of Venezuela, 130 kilometres (70 nautical miles) south of Grenada, and west of Barbados.
The official currency of Spain since 2002 is the Euro. The basic and most prevalent unit of Spanish currency before the Euro was the Peseta . The first Peseta coins were minted in 1869, and the last were minted in 2011.
In 1959, Spain became part of the Bretton Woods System, pegging the peseta at a value of Pts 60 = US$1. In 1967, the peseta followed the devaluation of sterling, maintaining the exchange rate of Pts 168 = £1 stg. and establishing a new rate of Pts 70 = US$1. High inflation was constant in Spain from the Civil War until the 1990s. After one ...
The economy of Spain is a highly developed social market economy. [32] It is the world's 14th largest by nominal GDP and the sixth-largest in Europe . Spain is a member of the European Union and the eurozone , as well as the Organization for Economic Co-operation and Development and the World Trade Organization .
Monetary reform in Spain brought about the introduction of an 8-real (or 1-peso) coin in 1497, minted to the following standards- In 1497: 8 + 3 ⁄ 8 dollars to a Castilian mark of silver (230.0465 grams), 134 ⁄ 144 or 0.9306 fine (25.561 g fine silver = 0.8218 oz t)