Algerian dinar

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dinar
Image description is missing
Country: AlgeriaAlgeria Algeria
Subdivision: 100 centimes (except exchange rate)
ISO 4217 code : DZD
Abbreviation: THERE
Exchange rate :
(29 Mar 2020)

1  EUR  = 138.696 DZD
100 DZD = 0.721 EUR

1  CHF  = 129.02 DZD
100 DZD = 0.7751 CHF

The Algerian Dinar ( Arabic دينار جزائري dinar dschazairi , DMG dīnār ǧazāʾirī ) is the currency of Algeria . A dinar is divided into 100 centimes . The ISO code is DZD .

The dinar is a common currency denomination throughout the Arab world that goes back to the Roman denarius .

All monetary matters are regulated by the Algerian Central Bank .

The previous currency was the Algerian Franc , which was legal tender in Algeria from 1848 to 1964. It had a fixed exchange rate of 1: 1 to the French franc and was replaced by the central bank in 1964 with the Algerian dinar at a rate of 1: 1 .

Banknote of 10 dinars from the first series from 1964

The central bank issued the first series of coins in 1964, which included coins worth 1, 2, 5, 10, 20 and 50 centimes, as well as 1 dinar. At the same time, it issued the first series of banknotes with denominations of 5, 10, 50 and 100 dinars. In 1970 a banknote of 500 dinars followed and in 1992 one of 1000 dinars.

In 1992 Algeria initiated the issue of a second series of coins that are still valid today: coins with a face value of ¼, ½, 1, 2, 5, 10, 20, 50 and 100 dinars were issued. The fourth banknote series, which is still valid today, was also issued: It includes banknotes with values ​​of 100, 200, 500 and 1000 dinars. In 2011, banknotes with a value of 2000 dinars were issued. The ¼ and ½ dinar coins have now been withdrawn from circulation. Since January 1, 2015, 100 and 200 dinar notes are no longer recognized as a means of payment, they have been replaced by the previously valid, equivalent coins.

Web links

Commons : Algerian Banknotes and Coins  - Collection of images, videos and audio files