Currency - Tunisian dinar

Currency  >  Tunisian dinar

Tunisian dinar

دت
The dinar (دينار, Dinar, ISO 4217 currency code: TND) is the currency of Tunisia. It is subdivided into 1000 milim or millimes (ملّيم). The abbreviation DT is often used in Tunisia, although writing "dinar" after the amount is also acceptable (TND is less colloquial, and tends to be used more in financial circles); the abbreviation TD is also mentioned in a few places, but is less frequently used, given the common use of the French language in Tunisia, and the French derivation of DT (i.e., Dinar tunisien).

The name "dinar" is derived from the Roman denarius, used in the Africa province, the antique territory of Carthage, modern day Tunisia.

The dinar was introduced in 1960, having been established as a unit of account in 1958. It replaced the franc at a rate of 1000 francs = 1 dinar. The dinar did not follow the devaluation of the French franc in 1958, resulting in the exchange rate being abandoned. Instead a peg to the United States dollar of 1 dinar = 2.38 dollars was established which was maintained until 1964, when the dinar devalued to 1 dinar = 1.90 dollars. This second rate was held until the dollar was devalued in 1971.

Tunisia had a historically low inflation. The dinar was less volatile in 2000–2010 than the currencies of its oil-importing neighbors, Egypt and Morocco. Inflation was 4.9% in fiscal year 2007–08 and 3.5% in fiscal year 2008–09.

In 1960, aluminium 1, 2 and 5 millime and brass 10, 20, 50 and 100 millime coins were introduced. The 1 and 2 millimes were last issued in 1990 and 1983 respectively, and are no longer legal tender. In 1968, nickel 1⁄2 dinar coins were introduced, replaced by smaller, cupro-nickel pieces in 1976, when cupro-nickel 1 dinar coins were also introduced. Bimetallic 5 dinar coins were introduced in 2002.

Coins in circulation are (link included current and historic coins and banknotes)

* 5 millimes

* 10 millimes

* 20 millimes

* 50 millimes

Country

Tunisia

Tunisia (officially the Republic of Tunisia) is a country in the Maghreb region of North Africa, covering 163,610 km2. Its northernmost point, Cape Angela, is the northernmost point on the African continent. It is bordered by Algeria to the west and southwest, Libya to the southeast, and the Mediterranean Sea to the north and east. Tunisia's population was 11.435 million in 2017. Tunisia's name is derived from its capital city, Tunis, which is located on its northeast coast.

Geographically, Tunisia contains the eastern end of the Atlas Mountains, and the northern reaches of the Sahara desert. Much of the rest of the country's land is fertile soil. Its 1,300 km of coastline include the African conjunction of the western and eastern parts of the Mediterranean Basin and, by means of the Sicilian Strait and Sardinian Channel, feature the African mainland's second and third nearest points to Europe after Gibraltar.

Language

Tunisian dinar (English)  Dinaro tunisino (Italiano)  Tunesische dinar (Nederlands)  Dinar tunisien (Français)  Tunesischer Dinar (Deutsch)  Dinar tunisiano (Português)  Тунисский динар (Русский)  Dinar tunecino (Español)  Dinar tunezyjski (Polski)  突尼斯第納爾 (中文)  Tunisisk dinar (Svenska)  チュニジア・ディナール (日本語)  Туніський динар (Українська)  Тунизийски динар (Български)  튀니지 디나르 (한국어)  Tunisian dinaari (Suomi)  Dinar Tunisia (Bahasa Indonesia)  Tuniso dinaras (Lietuvių)  Tunus dinarı (Türkçe)  Туниски динар (Српски / Srpski)  Tuneesia dinaar (Eesti)  Tunéziai dinár (Magyar)  Tuniski dinar (Hrvatski)  Tunizijski dinar (Slovenščina) 
 mapnall@gmail.com