The Tunisian Dinar: A Guide to Tunisia's Currency

Introduction

The Tunisian dinar (TND) is the national currency of Tunisia. It is subdivided into 1000 milim or millimes (مليم).

Before You Go: Things to Consider

If you're planning a trip to Tunisia, here are some important things to keep in mind about the Tunisian dinar:

• Exchange rate: The TND is not a freely convertible currency, so it's important to exchange your currency before you travel. You can exchange your currency at banks, exchange bureaus, and hotels.
• Denomination: The TND comes in bills of 5, 10, 20, 50, and 100 dinars.
• Coins: Coins in denominations of 1, 2, 5, 10, 20, 50, and 100 milim are also available.
• Cash is king: While some businesses accept credit cards, cash is still the preferred method of payment in Tunisia.

History of the TND

The Tunisian dinar was introduced in 1958, replacing the Tunisian franc. The dinar was initially pegged to the French franc, but it was devalued in 1964 and again in 1971.

In 1986, the dinar was pegged to a basket of currencies, including the US dollar, euro, and Japanese yen. This peg has been maintained to date.

The TND Today

The Tunisian dinar is a stable currency, and it has maintained its value against major currencies in recent years. The dinar is used for all domestic transactions in Tunisia, and it is also accepted in some neighboring countries.

Exchange Rates

The TND exchange rate fluctuates against major currencies, so it's important to check the latest rates before you travel. You can find up-to-date exchange rates on websites like XE and Google Finance.

Conclusion

The Tunisian dinar is the national currency of Tunisia. It is a stable currency that is used for all domestic transactions. If you're planning a trip to Tunisia, be sure to exchange your currency before you travel and bring plenty of cash.