After a period of fluctuation, Tunisia's currency has demonstrated a stabilised exchange rate since 2022 at around 3.11 TND per US$

Key takeaways:

  • The Tunisian dinar stood at TND 2.15 per US$ in 2016 and has since depreciated to TND 3.11 per US$ in 2024.
  • Between 2016 and 2019, the dinar saw a strong depreciation.
  • 2020 marked a turning point with a 4.16% appreciation, the first notable currency strengthening in the period observed.
  • From 2022 onward, the exchange rate has stabilised closely around TND 3.10 to TND 3.11 per US$, with minimal yearly changes of 0.08% and 0.04%.
  • The largest year-on-year depreciation occurred in 2017 with a 12.63% change.
  • Despite the earlier years of high volatility, Tunisia’s currency performance in the last three years suggests better monetary management and external stability.

Tunisia’s currency performance over the past few years shows a journey from fluctuations to stabilization. After several years of volatility, the Tunisian dinar (TND) has found steadiness, maintaining an exchange rate around 3.11 TND per US dollar from 2022 to 2024. This stability represents a significant shift for Tunisia’s economy, especially considering the sharp year-on-year movements it experienced before 2022. A steady exchange rate like this often signals growing resilience and can boost investor confidence, trade predictability, and general economic planning.

Source:

World Bank

Period:

2026 - 2024
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