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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.
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 .
Algeria's currency is the dinar (DZD). The economy remains dominated by the state, a legacy of the country's socialist post-independence development model. In recent years, the Algerian government has halted the privatization of state-owned industries and imposed restrictions on imports and foreign involvement in its economy. [2]
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 Banque de l'Algérie (French pronunciation: [bɑ̃k də lalʒeʁi]), from 1949 to 1958 Banque de l'Algérie et de la Tunisie ([-e də la tynizi]), was a French bank created in 1851, that operated as the central bank for French Algeria and, from 1904, also for the French protectorate of Tunisia until Tunisian independence. [1]
While addressing the Maghribi summit the day after signing the pact, leader of Tunisia at the time Zine El Abidine Ben Ali said this about the newly formed alliance, “This declaration in itself represents a core political choice whose features became clear on the agreement that defines the legal and institutional framework for unified Maghreb ...