In this regard, an analysis would be done on various Caribbean countries such as Trinidad and Tobago who currency fluctuates, in relation to Caribbean countries such as Barbados whose currency has been pegged since its introduction against the US dollar 2:1. In this analysis more attention would be placed on its impact on the economic growth across these various economies. The sectors that it affect most commonly and the rheasons for fluctuating a currency or keeping it fixed would also be essential factors to highlight.