TND (Tunisian Dinar)

TND (Tunisian Dinar)

TND (Tunisian dinar) is the ISO currency code for the official currency of the Republic of Tunisia, a country located on the Mediterranean coast of Northern Africa. Tunisia's currency is the Tunisian dinar (TND). No. Tunisia does not use U.S. dollars — it uses the official currency of Tunisia, the Tunisian dinar. The Tunisian dinar isn't pegged to one currency, but to a weighted basket of currencies. TND (Tunisian dinar) is the ISO currency code for the official currency of the Republic of Tunisia, a country located on the Mediterranean coast of Northern Africa. TND (Tunisian dinar) is the ISO currency code for the official currency of the Republic of Tunisia, a country located on the Mediterranean coast of Northern Africa. The Tunisian dinar is pegged to a weighted basket of currencies, which includes the dollar and yen (but it is dominated by the euro). TND is issued by the central bank of Tunisia.

TND (Tunisian dinar) is the ISO currency code for the official currency of the Republic of Tunisia, a country located on the Mediterranean coast of Northern Africa. TND is issued by the central bank of Tunisia.

What Is TND (Tunisian Dinar)?

TND (Tunisian dinar) is the ISO currency code for the official currency of the Republic of Tunisia, a country located on the Mediterranean coast of Northern Africa. The Tunisian dinar is commonly abbreviated as "DT," although the word “dinar” placed after the number is also acceptable.

TND (Tunisian dinar) is the ISO currency code for the official currency of the Republic of Tunisia, a country located on the Mediterranean coast of Northern Africa. TND is issued by the central bank of Tunisia.
The Tunisian dinar (TND) replaced the French franc in 1960.
TND banknotes are denominated in 5, 10, 20, and 50, while coins are minted in 5, 10, 20, 50, and 500 _millimes_ and 1, 5, and 10 dinars.
The Tunisian dinar is pegged to a weighted basket of currencies, which includes the dollar and yen (but it is dominated by the euro).

Understanding TND (Tunisian Dinar)

TND is issued by the central bank of Tunisia. Banknotes are denominated in 5, 10, 20, and 50, while coins are minted in 5, 10, 20, 50, and 500 millimes and 1, 5, and 10 dinars.

The French gained control over Tunisia through an act of conquest that began in 1881. This established the French protectorate of Tunisia, which lasted until the independence of Tunisia on March 20, 1956. The Tunisian dinar (TND) replaced the French franc (F) in 1960.

TND is pegged to a weighted basket of currencies, which includes the U.S. dollar (USD) and Japanese yen (JPY) but is dominated by the euro.

Tunisia sits on the northernmost point of Africa and is a country with fertile agricultural lands. The area was under Roman occupation for many centuries until it fell under Ottoman rule, where it remained until 1881. The country declared bankruptcy in 1869; France invaded and seized control of the country in 1881. During World War II, Nazis occupied Tunisia, and it was the site of several battles.

The country sought independence from France in 1956 and gained full freedom by July 1957. The successions of governments were uneventful until the 2011 Tunisian Revolution. Charging government corruption, and citing evidence of high unemployment and inflation, a civil resistance campaign ousted the ruling party and began the movement that would later become known as the "Arab Spring."

Tunisian Economy

Tunisia has an export-oriented economy, and its petroleum and agricultural exports make up a good portion of its gross domestic product (GDP). According to data from the World Bank, Tunisia is a lower-middle-income economy. It had an annual GDP growth of 2.7% in 2018 and 1.0% in 2019. In 2020, the country's annual GDP growth dropped to -8.6% (largely due to the economic impacts of the global pandemic caused by the novel SARS-CoV-2 virus, which causes Covid-19). In 2020, Tunisia's yearly inflation deflator was 4.9%.

What Is the Name of Tunisia's Currency?

Tunisia's currency is the Tunisian dinar (TND).

Does Tunisia Use U.S. Dollars?

No. Tunisia does not use U.S. dollars — it uses the official currency of Tunisia, the Tunisian dinar.

Is the Tunisian Dinar Pegged to Another Currency?

The Tunisian dinar isn't pegged to one currency, but to a weighted basket of currencies. The dollar and yen are included in the basket of currencies, but the euro is the dominant currency.

What Is the Best Currency to Take to Tunisia?

The Tunisian dinar isn’t exported out of the country. As a result, you won’t be able to exchange any to take with you before your travel there. However, you can exchange your money once you arrive in Tunisia.

Importing and exporting dinars is forbidden in Tunisia.

How Much Cash Can You Take to Tunisia?

Foreign currency may be imported into Tunisia in unlimited amounts, but you may be asked to declare the amount in writing on a specified form.

What Does Tunisian Currency Look Like?

There are coins of 5, 10, 20, 50, and 500 millimes and 1, 5, and 10 dinars in circulation. Banknotes in denominations of 5, 10, 20, and 50 dinars are also in circulation.

Related terms:

Central Bank

A central bank conducts a nation's monetary policy and oversees its money supply. read more

CFP Franc (XPF)

The CFP Franc (XPF) is the official currency of the French territories of the Pacific: New Caledonia, French Polynesia, Wallis, and Futuna. read more

Euro

The European Economic and Monetary Union is comprised of 27 member nations, 19 of whom have adopted the euro (EUR) as their official currency. read more

Foreign Exchange (Forex)

The foreign exchange (Forex) is the conversion of one currency into another currency. read more

French Franc (F)

The French franc (F) was the national currency of France prior to France's adoption of the euro (EUR) in Jan. 2002. read more

Gross Domestic Product (GDP)

Gross domestic product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. read more

HTG (Haitian Gourde) and History

The Haitian gourde (HTG) is the national currency for the Republic of Haiti. It is a floating currency that was formerly pegged to the U.S. dollar. read more

Inflation

Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy. read more

ISO Currency Code

ISO currency codes are three-letter alphabetic codes that represent the various currencies used globally. read more

JPY (Japanese Yen)

JPY is the currency abbreviation or the currency symbol for the Japanese yen (JPY), the currency for Japan. read more