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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 ...
Kuwaiti dinar [7] KWD Kuwait: ك [7] Tunisian dinar: TND Tunisia: د.ت (Tunisian Arabic) or DT (Latin) UAE dirham [8] AED United Arab Emirates: AED [9] Moroccan dirham: MAD Morocco: DH Djiboutian franc: DJF Djibouti: Fdj Egyptian pound: EGP Egypt £E or ج.م or L.E. Lebanese pound [10] LBP Lebanon £L and ل.ل [10] [11] Sudanese pound: SDG ...
The name dinar then became the preferred name for the pound sterling unit of account as it spread to other Middle East territories. The Jordanian dinar maintained its 1:1 parity with the pound sterling until 18 November 1967 when Harold Wilson devalued the pound. The Jordanian dinar did not devalue in parallel, hence breaking the sterling parity.
The Tunisian dinar is divided into 1,000 millimes (10 millimes is the smallest currently-minted coin). The Kuwaiti dinar, Bahraini dinar, Jordanian dinar, and Iraqi dinar are divided into 1,000 fils. The smallest coins currently minted are 5 fils (Kuwait and Bahrain), 1/4 dinar (Jordan), 25 dinars (Iraq). The Omani rial is divided into 1,000 baisa.
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.
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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 .
The stability of the Tunisian Dinar and historically low inflation [5] in Tunisia are positive indicators for its potential development of financial services. [6] Inflation was 4.9% in FY 2007-08 and 3.5% in FY 2008–09. The Tunisian Dinar was less volatile in 2000-2010 than the currencies of its oil-importing neighbors, Egypt and Morocco.