Algerian dinar
From Wikipedia, the free encyclopedia
ISO 4217 Code | DZD |
User(s) | Algeria |
Inflation | 1.9% |
Source | The World Factbook, 2005 est. |
Subunit | |
1/100 | centime |
Symbol | د.ج (Arabic) or DA (Latin) |
Coins | |
Freq. used | 5, 10, 20, 50, and 100 dinars |
Rarely used | ¼, ½, 1, 2 dinars |
Banknotes | 100, 200, 500, 1000 dinars |
Central bank | Banque d'Algérie |
Website | www.bank-of-algeria.dz |
The dinar is the currency of Algeria. Its ISO 4217 code is "DZD". The name is ultimately derived from the Roman denarius. It is subdivided into 100 centimes. The dinar was introduced in 1964, replacing the Algerian new franc at par.
[edit] Coins
Coins in general circulation are the 5, 10, 20, 50, and 100 dinars coins. Following the massive inflation which accompanied the transition to a more capitalist economy in the early 1990s, the centime or fractional dinar coins have dropped out of general circulation, whereas the 1 and 2 dinar coins are rarely used.[1] Nonetheless, prices are typically quoted in centimes in everyday speech; thus a price of 100 dinars is read as عشر الاف "ten thousand".
Coins of value greater than 5 dinars are bimetallic.
[edit] Banknotes
Banknotes in circulation are 100, 200, 500, and 1000 dinars.
Use Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD |
Use XE.com: | AUD CAD CHF EUR GBP HKD JPY USD |
Dinars | |
---|---|
Current | Algerian dinar | Bahraini dinar | Islamic gold dinar | Iraqi dinar | Jordanian dinar | Kuwaiti dinar | Libyan dinar | Macedonian denar | Tunisian dinar | Serbian dinar | Sudanese dinar |
Defunct | Abu Dhabi dinar | Bosnia and Herzegovina dinar | Croatian dinar | Krajina dinar | Republika Srpska dinar | South Arabian dinar | South Yemeni dinar | Yugoslav dinar |
As subunit | Iranian rial |
See also | E-dinar |