Tunisian franc

Tunisian Franc

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Tunisian franc

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Description:
The franc (French, ) was the currency of Tunisia between 1891 and 1958. It was divided into 100 centimes (صنتيم) and was equivalent to the French franc.

History

The franc replaced the rial in 1891 at the rate of 1 rial = 60 centimes. It consisted of both coins and banknotes produced specifically for Tunisia, although early banknotes were Algerian issues overstamped with "Tunisie". The franc was replaced in 1960 by the dinar at a rate of 1000 francs = 1 dinar, the dinar having been established as the unit of account in 1958.

Coins

The first coins denominated in francs were issued in 1887, before the franc became the currency of Tunisia. These were gold 25 rial coins which were also marked "15 F" to indicate their value in French francs. In 1891, bronze 1, 2, 5 and 10 centimes, silver 50 centimes, 1 and 2 francs, and gold 10 and 20 francs were introduced, all equal in size and composition to the corresponding French coins. The 1 and 2 centimes were only issued that year.

In 1918, holed, nickel-bronze 5, 10 and 25 centimes were introduced, followed, in 1921, by aluminium-bronze 50 centimes, 1 and 2 francs and silver 10 and 20 francs in 1930. Again, these coins matched the French coins in size and composition. However, in 1934, silver 5 francs coins were introduced, despite the French 5 francs being made of nickel. As in France, zinc 10 and 20 centimes coins were introduced during the Second World War with silver coins discontinued.

Production of coins...
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