Tunisian Dinar (TND) 2025: Current Value, History & Essential Facts

What Is the Tunisian Dinar (TND)?

The Tunisian dinar (currency code: TND), symbolized as DT, is the official currency of Tunisia. Issued by the Central Bank of Tunisia, it subdivides into 1,000 millimes. Banknotes come in denominations from 5 to 50 dinars, while coins range from 5 millimes up to 5 dinars.

Key Highlights

• The TND is Tunisia's national currency managed by the Central Bank of Tunisia.
• Banknotes include DT5, DT10, DT20, and DT50; coins cover millimes and smaller dinar values.
• The dinar operates as a closed currency—importing or exporting it is illegal.
• The TND is free-floating, not pegged to any other currencies.

Overview of the Tunisian Dinar

Established in 1960, the dinar replaced the Tunisian franc at a rate of 1 dinar to 1,000 francs. The Central Bank of Tunisia, founded in 1958 shortly after independence from France, oversees monetary policy and currency issuance. The dinar is divided into 1,000 millimes, with coins minted in values ranging from 5 millimes to 5 dinars.

As a closed currency, the dinar must be exchanged within Tunisia, and travelers cannot legally import or export dinars. However, international credit and debit cards are widely accepted for payments.

Did You Know?

Other countries such as Algeria, Bahrain, Iraq, and Libya also use the dinar as their currency.

Historical Context

Tunisia’s rich history—from Roman and Ottoman rule to French colonization—shaped its monetary system. The country gained independence in 1956, and by 1960 introduced the dinar. Initially pegged to the US dollar, the dinar was fully devalued by 1971 and has since floated freely.

Exchange Rate Update

As of June 6, 2024, 1 US dollar equals approximately 3.09 Tunisian dinars.

The Tunisian Economy

Located at Africa’s northern tip, Tunisia's economy thrives on agriculture, petroleum, tourism, and mining. It is a lower-middle-income economy with a 2022 GDP of $46.3 billion and an inflation rate of 8.3%. The country experienced a 2.4% growth rate in 2022.

Frequently Asked Questions

What is Tunisia's official currency?

The official currency is the Tunisian dinar (TND), represented by the symbol DT, with banknotes from 5 to 50 dinars and coins subdivided into millimes.

Can I use US dollars in Tunisia?

No. Only the Tunisian dinar is legal tender. Tourists should exchange other currencies upon arrival.

What currency should I bring to Tunisia?

You cannot import dinars, but you may bring other foreign currencies and exchange them locally. Credit and debit cards are also widely accepted.

Are there limits on cash I can bring into Tunisia?

Foreign currency imports are unlimited, but amounts exceeding a certain threshold must be declared in writing.

What do Tunisian banknotes and coins look like?

Banknotes come in 5, 10, 20, and 50 dinars. Coins range from 5 millimes up to 5 dinars, including fractions like ½ dinar.

Summary

The Tunisian dinar (TND) remains a unique and closed currency managed by Tunisia’s Central Bank. It is unpegged and must be exchanged only within Tunisia, making it essential for travelers to plan accordingly. With a rich history and a growing economy, the dinar reflects Tunisia’s evolving financial landscape in 2024.

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