Algerian dinar
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| Algerian dinar دينار جزائري (Arabic) |
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| ISO 4217 Code | DZD | ||
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| User(s) | Algeria | ||
| Inflation | 3% | ||
| Source | The World Factbook, 2006 est. | ||
| Subunit | |||
| 1/100 | centime (defunct) | ||
| Symbol | دج (Arabic) or DA (Latin) | ||
| Coins | |||
| Freq. used | 5, 10, 20, 50, 100 dinars | ||
| Rarely used | ¼, ½ , 1, 2 dinars | ||
| Banknotes | |||
| Freq. used | 200, 500, 1000 dinars | ||
| Rarely used | 100 dinars (phase out) | ||
| 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
In 1964, a complete series of 1, 2, 5, 10, 20, 50 centime, and 1 dinar coins were issued. The obverse of all the coins was the emblem of Algeria, while the reverse sides were values in Eastern Arabic numerals.
In later decades, coins were issued at sporadic intervals with various commemorative subjects, until another complete series was issued in 1992. The 1992 series consists of ½, ¼, 1, 2, 5, 10, 20, 50, and 100 dinars. 20 dinars and higher and 2 dinars are the new denominations.
Coins in general circulation are 5 dinars and higher. 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.
 2 centimes, minted in 1964 |
 5 centimes, minted in 1974 |
 10 centimes, minted in 1984, a palm tree |
 20 centimes, minted in 1972, an overflowing cornucopia depicting the theme of agricultural revolution |
 20 centimes, minted in 1975, a goat (?) |
 50 centimes, minted in 1975, "The 30th remembering" in Arabic and commemorating the French Algerian Clash |
 1 dinar, minted in 1972, wheat, two hands (peace), and a tractor in foreground |
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 5 dinars, minted in 1974, an Algerian soldier and commemorating the 20th anniversary of the Revolution |
 10 dinars, minted since 1979, "Bank of Algeria" in Arabic |
 Current 20 and 50 dinar and obsolete 5 and 10 dinar coins |
[edit] Banknotes
The first series of dinar banknotes issued in 1964 consisted of 5, 10, 50, and 100 dinars. The second series in 1970 consisted of 5, 10, 100, and 500 dinars. Unlike their predecessor, the Algerian new franc, the obverse of dinar banknotes are written in Arabic, reverse in French.
| Third series | |||||||
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| Image | Value | Main Colour | Description | Date of | |||
| Obverse | Reverse | Obverse | Reverse | printing | issue | ||
| 10 DA | Green | Diesel passenger train | Mountain village | 2 December 1983 | |||
| 20 DA | Red | Handcrafts and tower | 2 January 1983 | ||||
| 50 DA | Green | Shepherd with flock | Framers on a tractor | 1 November 1977 | |||
| 100 DA | Blue | Village with minarets | Man working with plants | 1 November 1981 |
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200 DA | Brown | Place of the Martyrs, Algiers | One of the various bridges of Constantine | 23 March 1983 | |
| Fourth series | |||||||
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100 DA | Blue | Arab horseriders | Arab horseriders in a seal and a a traditional sailboat | 21 May 1992 | 1996 |
| 200 DA | Brown | Koranic school | |||||
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500 DA | Violet and pink | Romans fighting on elephants | Romans fighting in a seal, a Roman tomb in Tipaza, a hot water fall in Hammam Debagh, Guelma Province (?) | 21 May 1992 |
1996 2000 |
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1000 DA | Red | A bison (?), paintings at Tassili n'Ajjer | More paintings from the Tassili, and the Hoggar (?) | 21 May 1992 |
1995 2000 |
| For table standards, see the banknote specification table. | |||||||
The 100 dinar note is being replaced by coins. 200, 500, and 1000 dinar notes are in circulation. The 1998 dated 500 and 1000 dinar notes have an additional vertical holographic strip on obverse.
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[edit] References
- (2003) in Chester L. Krause, Cliffor Mischler, Colin R. Bruce II, et al. (editors): 2004 Standard Catalog of World Coins: 1901-present, 31st ed., Krause Publications. ISBN 0-87349-593-4.
- (2006) in George S. Cuhaj: Standard Catalog of World Paper Money, Modern Issues, 1961-present, 12th ed., KP Books. ISBN 0-89689-356-1.
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| Circulating | Algerian dinar · Bahraini dinar · Iraqi dinar · Jordanian dinar · Kelantanese dinar (unofficial) · Kuwaiti dinar · Libyan dinar · Macedonian denar · Serbian dinar · Tunisian dinar |
| Obsolete | Abu Dhabi dinar · Bosnia and Herzegovina dinar · Croatian dinar · French denier · Krajina dinar · Portuguese dinheiro · Republika Srpska dinar · South Arabian dinar · South Yemeni dinar · Spanish dinero · Sudanese dinar · Yugoslav dinar |
| As subunit | Iranian rial |
| See also | Andorran diner · E-dinar · Islamic gold dinar · Swiss dinar |
