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The dinar did not follow the devaluation of the French franc in 1958, thus the exchange rate peg was abandoned. Instead a peg to the United States dollar of 1 dinar = 2.38 dollars was established which was maintained until 1964, when the dinar devalued to 1 dinar = 1.90 dollars. This second rate was held until the dollar was devalued in 1971.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
USD Cent: 100 Bosnia and ... Tunisia: Tunisian dinar: DT ... (fixed exchange rate) currencies, there are only 130 currencies that are independent or pegged to a ...
Algerian dinar: DZD Algeria: دج (Arabic) or DA (Latin) Bahraini dinar [3] BHD Bahrain.د.ب [4] Iraqi dinar [5] IQD Iraq: ع.د [6] Jordanian dinar [7] JOD Jordan: ينار [8] Kuwaiti dinar [9] KWD Kuwait: ك [9] Tunisian dinar: TND Tunisia: د.ت (Tunisian Arabic) or DT (Latin) UAE dirham [10] AED United Arab Emirates: AED [11] Moroccan ...
Tunisia's natural resources are modest when compared to those of its neighbors: Algeria and Libya. This modesty in natural resources forced the country to import oil, which contributed to the rise in the cost of gasoline: on 26 April 2006, the liter crossed the bar of one dinar to sell for 1.50 Tunisian dinars.
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 .
A foreign exchange market was established in Belgrade in which only banks could participate; this set the exchange rates for the entire country. [14] This allowed the dinar to float (or perhaps more accurately, sink) more or less freely. Under this system, the exchange rate reached about 29 dinars to the dollar in 1981, [15] 127 dinars to the ...
The previous dinar, traded at a rate of 700 to the U.S. dollar, was replaced with a new dinar traded at 12.5 to the U.S. dollar. [ 31 ] In 1967, legislation enabled foreign private investors to become partners with Yugoslav enterprises in joint ventures with up to 49% of capital, despite the fact that such arrangement would be classified as ...