Algerian Monetary Unit -

: The Bank of Algeria (Banque d'Algérie) manages all issuance and monetary policy. Denominations in Circulation

: In daily speech, Algerians often quote prices in "centimes" or "francs" (e.g., 100 dinars is often called "ten thousand"). parallel exchange rates for the Dinar today?

Current physical currency consists of high-value bimetallic coins and culturally themed banknotes: : 200, 500, 1,000, and 2,000 DZD. Common Coins : 5, 10, 20, 50, 100, and 200 DZD. algerian monetary unit

: It is theoretically divided into 100 centimes (santīm), though these are now obsolete due to inflation. Symbol : Denoted as د.ج in Arabic or DA in Latin script.

: Algeria uses a managed float system. There is a notable divergence between the official bank rate and the informal (parallel) market rates found in places like Square Port Said in Algiers. : The Bank of Algeria (Banque d'Algérie) manages

: The dinar's value is heavily tied to global oil and gas prices , which account for the bulk of Algeria's export revenue.

The (Arabic: دينار جزائري; ISO code: DZD ) is the official monetary unit of Algeria . Introduced on April 1, 1964, it replaced the Algerian new franc at par following the country's independence. 1 DZD equals $0.0075509 As of Apr 28, 6:35 AM EDT • Disclaimer Apr 28, 2026 Currency Overview Symbol : Denoted as د

: 1 and 2 DZD coins are rarely used, with prices often rounded to the nearest 5 dinars . Economic Context