Conversion from TND
Link to the British Pound: Tunisia's trade relations with the UK are diverse, from tourism to exports and imports of various goods. The exchange rate between the pound sterling and the Tunisian dinar can therefore be influenced by bilateral trade agreements and economic activities.
Relationship with the Swiss franc: The Swiss franc, as one of the most stable currencies in the world, often serves as a basis of comparison for many currencies, including the Tunisian dinar. While direct trade between Tunisia and Switzerland may not be as intense as with other countries, the strength of the franc can still have an impact on the dinar, especially in times of global economic uncertainty.
Interaction with the euro: Being geographically adjacent to the Mediterranean and close to Europe, Tunisia has close economic and political ties with the European Union. The euro therefore plays a crucial role in the Tunisian economy, and the dynamics between the euro and the dinar can vary depending on political and economic developments in the region.
Relationship with the US dollar: The US dollar, as for most countries, has an important benchmark function for the Tunisian dinar. Historically, Tunisia has tried to maintain a stable exchange rate against the dollar to facilitate import-export dynamics and overall foreign trade.
Other major currencies: In addition to the above currencies, the dinar is also considered in relation to other currencies such as the Canadian dollar, Australian dollar and Japanese yen. Exchange rates may change depending on Tunisia's economic and political relations with these countries.
The Tunisian dinar is a reflection of Tunisia's economic and political reality. Its position against other global currencies offers insights into the country's economic health, its trade relations and its geopolitical position in the international community.