MILLIME Meaning and
Definition
-
Millime is a unit of currency in Tunisia, which is subdivided into 1000 units known as millimes. It is denoted by the symbol "m" or "mil." The word "millime" itself is derived from the French word "millième," meaning one thousandth.
The millime was first introduced as a form of currency in Tunisia in 1960, replacing the previous currency, the Franc. Its primary purpose is to facilitate transactions and provide a means of exchange for goods and services within the country. The millime is commonly used in everyday transactions, as well as for accounting and financial purposes.
As a decimal-based currency, millimes allow for efficient calculations and precise monetary values. For instance, if an item is priced at 1 Tunisian Dinar, it can also be expressed as 1000 millimes, providing flexibility in denominations for convenience. Millimes come in the form of coins and banknotes, ranging from the lowest denomination of 1 millime to higher denominations of 5, 10, 20, 50, 100, 200, and 500 millimes.
The exchange rate of the millime can fluctuate against other currencies, influenced by economic factors like supply and demand, inflation, and foreign trade. It is often updated by financial institutions, and the millime's value can impact the purchasing power of individuals and businesses in Tunisia.
Common Misspellings for MILLIME
- nillime
- killime
- jillime
- mullime
- mjllime
- mkllime
- mollime
- m9llime
- m8llime
- miklime
- miplime
- miolime
- milkime
- milpime
- miloime
- millume
- milljme
- millkme
- millome
- milllime
Etymology of MILLIME
The word "millime" originates from the French term "millième", which means "thousandth". In turn, "millième" is derived from the Latin word "mille", meaning "thousand". It is used as a unit of currency in several countries, including Tunisia.
Similar spelling words for MILLIME
- milan,
- milone,
- milam,
- millin,
- milline,
- milne,
- milani,
- milium,
- Millen,
- Milum,
- million.
Infographic
Add the infographic to your website:
