| Algerian dinar | |||
|---|---|---|---|
| دينار جزائري (Arabic) | |||
|
|||
| ISO 4217 code | DZD | ||
| User(s) | Algeria | ||
| Inflation | 4.1% | ||
| Source | The World Factbook, 2009 est. | ||
| Subunit | |||
| 1/100 | santeem (defunct) | ||
| Symbol | دج (Arabic) or DA (Latin) | ||
| Coins | |||
| Freq. used | 5, 10, 20, 50 dinar | ||
| Rarely used | 1, 2, 100 dinar | ||
| Banknotes | |||
| Freq. used | 200, 500, 1000 dinar | ||
| Rarely used | 100, 2000 dinar [1] | ||
| Central bank | Bank of Algeria | ||
| Website | www.bank-of-algeria.dz | ||
The dinar (Arabic: دينار) (sign: د.ج or DA; code: DZD) is the currency of Algeria and it is subdivided into 100 santeem (سنتيم).
Contents |
The name "dinar" is ultimately derived from the Roman denarius.
The dinar was introduced on 1 April 1964, replacing the Algerian new franc at par.
In 1964, coins in denominations of 1, 2, 5, 10, 20 and 50 santeem, and 1 dinar were introduced, with the 1, 2 and 5 santeem struck in aluminium, the 10, 20 and 50 santeem in aluminium bronze and the 1 dinar in cupro-nickel. The obverses showed the emblem of Algeria, while the reverses carried the values in Eastern Arabic numerals. In later decades, coins were issued sporadically with various commemorative subjects. However, the 1 and 2 santeem were not struck again, whilst the 5, 10 and 20 santeem were last struck in the 1980s.
In 1992, a new series of coins was introduced consisting of ¼, ½, 1, 2, 5, 10, 20, 50 and 100 dinar. The 10, 20, 50 and 100 dinar coins are bimetallic.
Coins in general circulation are 5 dinar and higher. Following the massive inflation which accompanied the slow transition to a more capitalist economy during the late 1990s, the santeem and fractional dinar coins have dropped out of general circulation, whilst the 1 and 2 dinar coins are rarely used, as prices are rounded to the nearest 5 dinar.[2] Nonetheless, prices are typically quoted in santeem in everyday speech; thus a price of 100 dinar is read as عشر الاف ("ten thousand").
The first series of dinar banknotes issued in 1964 consisted of 5, 10, 50 and 100 dinar denominations. In 1970 500 dinar notes were added, followed by 1000 dinar in 1992.
| Third series | |||||||
|---|---|---|---|---|---|---|---|
| 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 | Farmers on a tractor | 1 November 1977 | |||
| 100 DA | Blue | Village with minarets | Man working with plants | 1 November 1981 8 June 1982 |
|||
| 200 DA | Brown | Place of the Martyrs, Algiers | One of the various bridges of Constantine | 23 March 1983 | |||
| Fourth series | |||||||
| 100 DA | Blue | Charging Arab horse riders with sabers in a seal, and Algerian navy in a battle | Pre-colonial invasion: Battle of El Harrach (1775) victory of the Algerian horse riders over the invading Spanish. | 21 May 1992 | 1996 | ||
| 200 DA | Reddish Brown | Decorative Koranic motifs and symbols, mosque, olive and fig branches | Period Islam Introduced: Traditional Koranic school and Kalam | ||||
| 500 DA | Violet and pink | Romans fighting in a seal, a Roman tomb in Tipaza, a hot water fall in Hammam Debagh, Guelma Province (?) | Numidian Period: Battle on elephants between Numidians and invading Romans | 21 May 1992 10 June 1998 |
1996 2000 |
||
| 1000 DA | White and brown | Prehistory of Algeria: A buffalo, paintings at Tassili n'Ajjer | More paintings from the Tassili, and the Hoggar (?) | 21 May 1992 10 June 1998 |
1995 2000 |
||
| 2000 DA | Blue and green | University professor lecturing students in amphitheater, satellite, double-helix DNA strand, three researchers in scientific laboratory with microscope and beakers | Wheat, palm tree, body of water, urban high-rise buildings, olive tree | 2011 2011 |
2011 2011 |
||
| 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.
| Current DZD exchange rates | |
|---|---|
| From Google Finance: | AUD CAD CHF EUR GBP HKD JPY USD |
| From Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD |
| From OzForex: | AUD CAD CHF EUR GBP HKD JPY USD |
| From XE.com: | AUD CAD CHF EUR GBP HKD JPY USD |
| From OANDA.com: | AUD CAD CHF EUR GBP HKD JPY USD |
|
||||||||||||||||||||
|
||||||||||||||
|
|||||||||||
|
|||||||||||||||||