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|Money and Currency in Tunisia, Tunisian Dinar|
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The currency in Tunisia is called Tunisian Dinar (TND).
1 Tunisian Dinar = 1000 Millimes
Other abbreviations for the Tunisian Dinar are TD and DT.
The tunisian currency is in a state of "controlled floating" towards other currencies.
There is meanwhile an official interbank exchange rate (not a fixed rate determined by the central bank), but the import and export of the currency is still strictly forbidden.
The ownership and ability of exchange of foreign currencies are strictly regulated for the citizens of Tunisia.
Citizens of other countries may exchange an unlimited amount of money into the Dinar, but the reverse is strictly limited and only allowed in small (previously declared and exchanged) amounts.
Here are photos of the Tunisian bank notes and Tunisian coins.
On our TunisPro homepage,
you can find the
The following list shows the changes of the exchange rates (Interbank)
of the Tunisian Dinar towards 3 major western currencies since 1999:
Tunisian Dinar against Euro:
(biggest devaluation since 1999)
Devaluation 1999-2013 (14 years) = ca. 72% (yearly average = 5.1%)
Devaluation 2003-2013 (10 years) = ca. 47%(yearly average = 4.7%)
Devaluation 2007-2013 (6 years) = ca. 22%(yearly average = 3.7%)
Devaluation 2011-2013 (2 years) = ca. 8%(yearly average = 4.00%)
= Someone who invested 50,000 Euro in 1999 has 2013 only 14,000 (28%) left.
= Someone who invested 50,000 Euro in 2007 has 2013 only 39,000 (78%) left.
Tunisian Dinar against US Dollar:
Devaluation 1999-2013 (14 years) = ca. 35% (yearly average = 2.5%)
Devaluation 2003-2013 (10 years) = ca. 20% (yearly average = 2.0%)
Devaluation 2007-2013 (6 years) = ca. 25% (yearly average = 4,15%)
Devaluation 2011-2013 (2 years) = ca. 20% (yearly average = 10.00%)
= Someone who invested 50,000 Dollar in 1999 has 2013 only 32,500 (65%) left.
= Someone who invested 50,000 Dollar in 2007 has 2013 only 37,500 (75%) left.
Tunisian Dinar against UK Pound:
Devaluation 1999-2013 (14 years) = ca. 30% (yearly average = 2.14%)
Devaluation 2003-2013 (10 years) = ca. 10% (yearly average = 1.0%)
Appreciation 2007-2013 (6 years) = ca. - 6% (yearly average = - 0.8%)
Devaluation 2011-2013 (2 years) = ca. 14% (yearly average = 7.0%)
= Someone who invested 50,000 Pounds in 1999 has 2013 only 35,000 (70%) left.
= Someone who invested 50,000 Pounds in 2007 has 2013 still 53,500 (106%) left.