Tunisian Dinar Meaning and Exchange Rate Guide

The Tunisian Dinar is the official currency of Tunisia, and it's interesting to note that it's divided into 1,000 millimes.

The Tunisian Dinar is pegged to the Euro at a fixed exchange rate of 1 TND = 0.43 EUR.

To give you a better idea of the value, the Tunisian Dinar is the lowest-valued currency in the world, with a value of approximately 1 TND = 0.032 USD.

The exchange rate can fluctuate slightly, but it's generally stable, making it a relatively safe bet for travelers and investors alike.

The Tunisian dinar has a rich history that spans over six decades. It was introduced in 1960, replacing the franc at a rate of 1000 francs = 1 dinar.

The dinar initially followed a peg to the United States dollar, with a rate of 1 dinar = 2.38 dollars, which was maintained until 1964. This rate was later devalued to 1 dinar = 1.90 dollars.

The dinar has undergone several changes over the years, with a notable devaluation in 1971. However, it has maintained a relatively stable value compared to its oil-importing neighbors, Egypt and Morocco.

The Tunisian dinar has been pegged to the US dollar at various rates, including 0.42 dinars to $1 from its inception until 1964, and 0.525 dinars to $1 from 1964 to 1971.

The term "dinar" has a long history, originating from the Roman word "denarius", which referred to ancient silver coins. Today, the term is used in many Islamic countries, including Tunisia.

Here's a brief timeline of the Tunisian dinar's evolution:

The Tunisian dinar has come a long way since its introduction in 1960, and its evolution is a testament to the country's economic growth and development.

The Tunisian Dinar is a unique currency with a variety of coins and notes in circulation. The coins in circulation include the 5 millimes, 10 millimes, 20 millimes, 50 millimes, 100 millimes, 200 millimes, 1⁄2 dinar, 1 dinar, 2 dinars, and 5 dinars.

Coins like the 10 millimes and 20 millimes are rarely used in everyday transactions, as prices are often rounded to 50 or 100 millimes. This is especially true at supermarkets, where larger bills are more commonly accepted.

In 1960, aluminum coins were introduced, including the 1, 2, and 5 millimes, as well as brass coins for the 10, 20, 50, and 100 millimes. These coins have undergone changes over the years, with some, like the 1 and 2 millimes, no longer being legal tender.

The 1⁄2 dinar coin was introduced in 1968, replaced by a smaller cupro-nickel piece in 1976. The 1 dinar coin was also introduced in 1976, made of cupro-nickel.

Here is a list of coins in circulation:

Two new tridecagonal coins were introduced in 2013: the 200 millimes and the 2 dinar.

The Tunisian dinar is the official currency of Tunisia, and it's a closed currency, meaning it's illegal to import or export it. This is a unique aspect of the Tunisian economy.

The currency code for the Tunisian dinar is TND, but you may also see it abbreviated as DT, which is a colloquial term used by Tunisians in everyday life. However, DT is not an official currency code.

You can exchange your money for Tunisian dinars at currency exchange banks, which are widely available in Tunisia, including in airports. This is usually the most affordable option, and the rates are often good.

Here are the denominations of Tunisian banknotes: DenominationValueDT55 dinarsDT1010 dinarsDT2020 dinarsDT5050 dinars

The Tunisian dinar is abbreviated as "TND" or "DT." The official currency code is "TND", but you'll also see "DT" used in everyday life.

"TND" is the standard abbreviation used by the government and banks.

DT is a more colloquial abbreviation, used by Tunisians, that stands for "dinar tunisien" in French.

The abbreviation "DT" is not officially recognized, but it's widely accepted in informal settings.

The Tunisian dinar is the official currency of Tunisia, and it's maintained by the Central Bank of Tunisia, also known as the Banque Centrale de Tunisie. It's divided into 1,000 millimes.

The dinar is not pegged to any other currency, and it's considered a closed currency, meaning it's illegal to import or export it.

You can find the current mid-market Tunisian currency exchange rate using a currency exchange calculator.

Banknotes are denominated in DT5, DT10, DT20, and DT50, while coins are minted in various denominations, including five, 10, 20, 50, and 500 millimes, as well as ½, one, and five dinars.

Here's a breakdown of the Tunisian dinar's denominations:

The Tunisian dinar is a unique currency, and it's not commonly used outside of Tunisia. However, you can use credit and/or debit cards while in the country.

Tunisia has a lower-middle-income economy, with a GDP growth rate of 2.4% in 2022. The country's economy is heavily reliant on petroleum and agricultural exports.

The Tunisian dinar is the official currency of Tunisia, with a currency code of TND and the symbol DT. You won't find US dollars being used in Tunisia, as the dinar is the only official legal currency.

You can check the current exchange rate of the Tunisian dinar against other currencies using a currency exchange calculator. For instance, as of 2021, the exchange rate of the Tunisian dinar to the US dollar was 2.79.

Currency exchange banks are abundant in Tunisia, including in airports, offering relatively good rates for exchanging cash. Bringing cash and exchanging it in Tunisia is usually the most affordable option.

Here's a brief rundown of the annual official exchange rate of the Tunisian dinar to the US dollar from 2000 to 2021:

The annual exchange rate of the Tunisian dinar to the U.S. dollar has fluctuated significantly over the past two decades.

In 2021, the exchange rate was 2.79. This was a slight decrease from 2020, when the rate was 2.81. The rate dropped even further in 2019, reaching 2.93.

The exchange rate continued to decline in the following years, reaching a low of 1.7 in 2014. This was a significant drop from the 2013 rate of 1.62. The rate continued to decrease in 2012, reaching 1.56.

In 2011, the exchange rate was 1.41, and in 2010, it was 1.43. The rate dropped to 1.35 in 2009 and 1.23 in 2008. It then increased slightly in 2007, reaching 1.28.

The exchange rate remained relatively stable from 2006 to 2004, ranging from 1.33 to 1.25. It dropped to 1.29 in 2003 and 1.42 in 2002. The rate was 1.44 in 2001 and 1.37 in 2000.

Here's a summary of the exchange rates from 2000 to 2021:

The current exchange rate between the Tunisian dinar and the US dollar can be found through various sources, including the Ask Statista Research Service.

The Tunisian dinar has been fluctuating in value over the years, with a current mid-market exchange rate that can be checked using a currency exchange calculator.

According to the Ask Statista Research Service, the annual official exchange rate of the Tunisian dinar to the US dollar from 2000 to 2021 is available for reference.

Here's a snapshot of the exchange rate from 2000 to 2021:

The Tunisian dinar is the country's official currency, with its own unique symbol (DT) and currency code (TND).

Currency exchange in Tunisia is a straightforward process. Bringing cash and exchanging it in Tunisia is usually the most affordable option as there are currency exchange banks everywhere, including in airports, offering really good rates.

You'll find currency exchange booths in all international airports and in most touristy areas, so you won't be short of local currency if you bring enough cash. This is especially important since credit and debit cards are not widely accepted in Tunisia, and even when they are, you'll often need to use cash for small purchases.

International access ATMs can be found across Tunisia, but be aware that they charge an extra 10 Tunisian Dinars for every withdrawal, on top of the transaction fee for overseas withdrawals of your card. It's also worth noting that the current mid-market Tunisian currency exchange rate can be found using a currency exchange calculator.

It's essential to be aware of the currency restrictions in Tunisia. Importing or exporting dinar is a criminal offense, and each citizen can only convert up to 6,000 Tunisian dinars into foreign currency before departing the country.

Tunisia has a lower-middle-income economy, which is a good starting point for understanding its economic landscape.

The country's economy is heavily reliant on petroleum and agricultural exports, which contribute significantly to its gross domestic product (GDP).

Tunisia's GDP growth was 2.4% in 2022, a moderate increase that suggests stability in the economy.

The country's total GDP reached $46.3 in 2022, a notable figure that highlights its economic size.

Tunisia's economy also benefits from strong tourism and mining industries, which add to its GDP.

The annual inflation rate in Tunisia was 8.3% in 2022, a relatively high rate that may impact the economy.

The country's fertile agricultural lands are a valuable resource, supporting its agricultural exports and overall economy.