Which currency did Tunisia introduce in 1958 to replace the Tunisian franc?

Tunisia introduced the Tunisian dinar in 1958 to replace the Tunisian franc.

The change followed Tunisia’s independence from France in 1956 and formed part of the country’s move toward a national monetary system. Unlike many currencies divided into 100 smaller units, the dinar is divided into 1,000 millimes.

The Tunisian dinar is issued by the Central Bank of Tunisia. Its ISO 4217 code is TND, and its banknotes and coins are denominated in dinars and millimes. The name “dinar” connects it with a wider family of currencies whose names derive from the Roman denarius.

A common mix-up is confusing the Tunisian dinar with the Algerian or Libyan dinar. Those are separate national currencies, issued by different central banks. Another useful distinction is that Tunisia’s millime is a thousandth of a dinar, rather than a hundredth.