Algerian Currency Converter
Algerian Dinar Currency Converter
Convert Algerian Dinar to Pounds, Pounds to Algerian Dinar, Dinar to Euro, Euro to Dinar, Convert Algerian Dinar to Dollar, Dollars to Dinar
Algerian Dinar
This Currency converter is organised with the Algerian Dinar in mind but it contains the entire currencies of the world arranged by country name – listing the ten most popular currencies first. Special units and precious metals are also listed separately and both alphabetically at the end of the list. You can now convert Algerian Dinar to the currency of any country in the world, you can equally convert any country’s currency to Algerian Dinar, convert currencies of any country to the equivalent of another country’s currency (e.g. convert dollar to Pounds, dollar to euro, pounds to euro, pounds to dollar to yen, etc). It lets you perform currency and foreign exchange rate calculations, using live, up to the minute mid-market currency rates. The rates displayed are the official FOREX rates and not Black Market rates.
Instructions
Type the amount of source currency in the input box. You may include commas and decimal point. Then scroll down to select the source and destination currencies and press “GO!” The results of your conversion will be displayed. Note: An asterisk (*) indicates if currencies are obsolete or being phased out.
About Dinar
The Algerian dinar is the currency of Algeria (Arabic: دينار) (sign: د.ج or DA; code: DZD). The Algerian dinar is divided into 100 santeem (سنتيم). The Algerian dinar was introduced in 1964, replacing the Algerian new franc at par.
In 1964, coins in denominations of 1, 2, 5, 10, 20 and 50 santeem, and 1 dinar were introduced, with the 1, 2 and 5 santeem struck in aluminium, the 10, 20 and 50 santeem in aluminium bronze and the 1 dinar in cupro-nickel. The obverses showed the emblem of Algeria, while the reverses carried the values in Eastern Arabic numerals. In later decades, coins were issued sporadically with various commemorative subjects. However, the 1 and 2 santeem were not struck again, whilst the 5, 10 and 20 santeem were last struck in the 1980s.
In 1992, a new series of coins was introduced consisting of ¼, ½, 1, 2, 5, 10, 20, 50 and 100 dinar. The 10, 20, 50 and 100 dinar coins are bimetallic.
Coins in general circulation are 5 dinar and higher. Following the massive inflation which accompanied the slow transition to a more capitalist economy during the late 1990s, the santeem and fractional dinar coins have dropped out of general circulation, whilst the 1 and 2 dinar coins are rarely used, as prices are rounded to the nearest 5 dinar. Nonetheless, prices are typically quoted in santeem in everyday speech; thus a price of 100 dinar is read as عشر الاف (“ten thousand”).
