Economy of Tunisia
The Tunisian government adopted a unified investment code in 1993 to attract foreign capital. More than 1,600 export-oriented joint venture firms operate in Tunisia to take advantage of relatively low labor costs and preferential access to nearby European markets. Economic links are closest with European countries, which dominate Tunisia's trade. Tunisia's currency, the dinar, is not traded outside Tunisia. However, partial convertibility exists for bona fide commercial and investment transaction. Certain restrictions still limit operations carried out by Tunisian residents.
Tunisian franc
Production of coins below 5 francs ceased in 1945, with an aluminium-bronze 5 francs introduced in 1946, followed by cupro-nickel 20, 50 and 100 francs in 1950 and a cupro-nickel 5 francs in 1954. These four cupro-nickel coins were last struck in 1957.