Your options for sending money to Trinidad are limited but not too bad. There are several good international money transfer services available to you.
The current exchange rate for the Trinidadian Dollar (TTD) is 6.844935 TDD per American Dollar (USD) as of the time this was written. The TDD reached a high of 6.8449 TDD per USD and a low of 6.6933 TDD per USD during the last 90 days. The average exchange rate for the last 90 days was 6.78 TDD per USD.
The average volatility rate for the TDD against the USD was 0.19% for the last 90 days. This is a low volatility rate which has reduced even further in the last 30 days. You can reasonably expect only minor fluctuations in the exchange rates going forward, barring any unforeseen circumstances.
The fastest way to send money to Trinidad is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money will reach its Trinidadian destination in a matter of minutes. The fast option is also quite affordable and costs less than most of their slower competition. The main drawback to Ria Money Transfer is that some users complain of hassles and a platform which isn’t the easiest to use. When it comes to their fast option, you can be sure you’re getting a good deal when it comes to both speed and cost.
The cheapest way to send money to Trinidad is through Ria Money Transfer’s slow option. Ria Money Transfer charges very low upfront rates for their money transfer services. Their slow option also charges relatively low hidden currency conversion costs. When both of these factors are considered, Ria Money Transfer’s slower option is the cheapest.
The easiest way to send money to Paraguay is through Xoom. With Xoom, sending the money to the recipient’s bank account is very easy, but you have several other options as well. In any case, Xoom is a service that is very easy to use, and navigating their interfaces is a breeze.
The overall best way to send money to Trinidad is through Ria Money Transfer. For the sake of getting the best deal possible, we recommend using their fast option. Ria Money Transfer’s fast option gives you a great balance between cost and speed. If you are not in a rush and would prefer cheaper rates, their slow option is a simple and viable alternative which you can use with the same account. With Ria Money Transfer, you have a service that is very accessible and generally well-rounded.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com