Algerian Monetary Unit Apr 2026

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.

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

: 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. : Algeria uses a managed float system

: 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? parallel exchange rates for the Dinar today

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

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