10:16 AM

Dinar (Tunisian) Currency

Posted by Saleem Mukati

The Tunisian Dinar (TND) is the currency of Tunisia. It is subdivided into 1000 millimes. The Tunisian Dinar is not convertible into Pound Sterling. The Dinar is soft currency. The convertibility of the Dinar had been a working progress since 1987. Finally, in 1992, convertibility of the Dinar came about for both commercial & investment transactions. 

While knowledge of the Dinar's past is scarce, rules regarding exchange of the Dinar are better known. Importation and exportation of the Tunisian Dinar is illegal and this prohibition is strictly enforced; one cannot acquire Dinars outside of the country. The law provides heavy penalties for offences against exchange-control regulations.


Post a Comment