The Dinar Exchange Rate

In Q3 the dinar lost nominal 0.3% against both the euro and the US dollar.  As a result, nominal effective depreciation of the dinar against the EUR&USD currency basket amounted to 0.3%, while real effective depreciation came at 0.9%.

Since the start of the year the dinar stayed almost unchanged vis-à-vis the euro, while losing 2.5% against the dollar due to the euro’s weakening against the greenback. In the year to September, nominal and real effective depreciation against the EUR&USD currency basket came at 0.5% and 0.3%, respectively.