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The dinar (Arabic: دينار, ISO 4217 code: TND) is the national currency of Tunisia.It is subdivided into 1000 milim or millimes (ملّيم).The abbreviation DT is often used in Tunisia, although writing "dinar" after the amount is also acceptable (TND is less colloquial, and tends to be used more in financial circles); the abbreviation TD is also mentioned in a few places, but is less ...
In December 1958 the newly created Tunisian dinar was disconnected from the French franc. The bank maintains a Money Museum which includes a collection of recovered Carthaginian coins. Tunisia had a historically low inflation. The Tunisian Dinar was less volatile in 2000–2010 than the currencies of its oil-importing neighbors, Egypt and Morocco.
In 1992, a new series of coins was introduced consisting of 1 ⁄ 4, 1 ⁄ 2, 1, 2, 5, 10, 20, 50 and 100 dinars. A 200 dinar bi-metallic coin was issued in 2012 to commemorate Algeria's 50th anniversary of independence. [citation needed] The 10, 20, 50, 100, and 200 dinar coins are bimetallic. Coins in general circulation are 5 dinars and higher.
By 1968, the SCDB's main shareholders were the Banque de l'Indochine (21.5 percent), the Banque Française pour le Commerce (10 percent), and the Crédit Foncier de France (10 percent). The next year, the SCDB initiated talks aiming at consolidation within Société Générale, [8] and sold its majority control of Banque de Salonique, which ...
The dinar (/ d ɪ ˈ n ɑː r /) is the name of the principal currency unit in several countries near the Mediterranean Sea, with a more widespread historical use. The English word "dinar" is the transliteration of the Arabic دينار ( dīnār ), which was borrowed via the Syriac dīnarā from the Latin dēnārius .
Denominations of 5, 10, 50, 100, 500 and 1,000 francs were introduced by 1873 although the 10-franc note was issued only in 1871. In 1944, notes were issued in the name of the Région économique d'Algérie in denominations of 50 centimes and 1 and 2 francs. The Bank of Algeria introduced notes worth 10,000 francs and 5,000 francs in 1945 and ...
GDP per capita soared by more than 380% in the seventies (1970–1980: USD 280–1,369). But this proved unsustainable and it collapsed to a cumulative 10% growth in the turbulent eighties (1980–1990: USD 1,369–1,507), rising again to almost 50% cumulative growth in the nineties (1990–2000: USD 1,507–2,245), signifying the impact of successful diversification.
Over the years the Regencies of Tunis and Algiers got into many conflicts. The nature of these conflicts often centered around the tributary system and the harsh taxes that Algeria posed on Tunisia. The nature of these conflicts often centered around the tributary system and the harsh taxes that Algeria posed on Tunisia.