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Algerian Dinar · DZD

د.ج symbol · 1 country currently using this currency.

Currency info

Adopted: 1964

Currency family: Other

The Algerian Dinar's name derives from the historical dinar currency used across the Islamic world, connecting modern Algeria to centuries of Mediterranean trade.

  • Introduced in 1964 following Algeria's independence from France, replacing the French Algerian franc
  • Subdivided into 100 santeem (cents)
  • Pegged to the French franc until 1992, then transitioned to a managed float
  • Experienced significant devaluation during the 1990s oil price decline and civil unrest
  • Currently managed by the Bank of Algeria with periodic adjustments to exchange rates

Countries currently using this currency

Flag of Algeria
Algeria

Related

Other Other currencies

Afghan Afghani (AFN)Albanian lek (ALL)Angolan Kwanza (AOA)Armenian Dram (AMD)Azerbaijani Manat (AZN)Bahraini dinar (BHD)Bangladeshi taka (BDT)Belarusian ruble (BYN)Boliviano (BOB)Botswana pula (BWP)Brazilian Real (BRL)Bulgarian lev (BGN)

Historical predecessor

French Algerian franc