Algerian dinar

1 EUR = 107.938 DZD 100 DZD = 0.9265 EUR

1 CHF = 88.221 DZD 100 DZD = 1.1335 CHF

The Algerian dinar (Arabic دينار جزائري, DMG Dinar ǧazā ʾ ​​IRI) is the currency of Algeria. A Dinar is divided into 100 centimes. The ISO code is DZD.

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

All monetary matters are regulated by the Central Bank of Algeria.

The previous currency was the Algerian franc, which was from 1848 to 1964 legal tender in Algeria payment. He stood in the fixed exchange rate of 1:1 to the French franc and was replaced in 1964 by the Central Bank in the rate of 1:1 by the Algerian Dinar.

The central bank said in 1964 the first series of coins out, included the coins in denominations of 1, 5, 10, 20 and 50 centimes and 1 dinar. At the same time it issued the first series of notes with denominations of 5, 10, 50 and 100 dinars. Followed in 1970 a banknote worth 500 dinars and 1992 of 1000 dinars.

In 1992, the emission of the second, still valid coin series: There are coins in nominal value of ¼, ½, 1, 2, 5, 10, 20, 50 and 100 dinars issued. Similarly, the fourth, is still valid today banknote series was issued: it includes banknotes with values ​​of 100, 200, 500 and 1000 dinars. 2011 notes were issued to the value of 2000 dinars. The ¼ and ½ dinar coins have now withdrawn from the market. Although the 100 - dinar note is not in circulation, but it is no longer printed.