Algerian dinar facts for kids
Quick facts for kids Algerian dinar |
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ISO 4217 Code | DZD |
User(s) | ![]() ![]() |
Inflation | 9.27% |
Source | The World Factbook, 2019 est. |
Subunit | |
1⁄100 | centime (defunct) |
Symbol | د.ج |
Coins | |
Freq. used | 5, 10, 20, 50, 100, 200 DA |
Rarely used | 1, 2 DA |
Banknotes | |
Freq. used | 200, 500, 1000 DA |
Rarely used | 100, 2000 DA |
The dinar (Arabic: دينار جزائري, Dīnār Ǧazāʾirī; sign: DA; code: DZD) is the official money of Algeria. It is divided into 100 smaller units called centimes. However, centimes are not really used anymore because they are worth very little.
Contents
What's in a Name?
The name "dinar" comes from an old Roman coin called the denarius. The word santīm (for centime) comes from the French word "centime". This is because Algeria was under French rule from 1830 until 1962.
A Brief History
The Dinar was first used on April 1, 1964. It took the place of the Algerian new franc. One Dinar was worth the same as one new franc.
How Much is a Dinar Worth?
The Bank of Algeria sets the official exchange rate. This means how much the Dinar is worth compared to other currencies. For example, about 134 Algerian Dinars are equal to 1 US dollar.
Talking About Money in Algeria
People in Algeria often use old terms when talking about prices. Instead of saying "dinar," they might say "franc" (which means one hundredth of a dinar, like a centime). They also use "doro," which is one twentieth of a dinar.
- In traditional markets, like a vegetable market, prices are often shown in "francs."
- In modern shops, prices are shown in "dinars," but people still use "franc" when they speak.
- For example, a price of 100 dinars might be said as "ten thousand" (عشر الاف) in everyday talk.
Coins of Algeria
Early Coins
In 1964, Algeria introduced its first Dinar coins. These included:
- 1, 2, 5, 10, 20, and 50 centimes
- 1 dinar
The smaller centime coins (1, 2, 5) were made of aluminum. The 10, 20, and 50 centimes were made of a mix of aluminum and bronze. The 1 dinar coin was made of copper-nickel. The front of the coins showed the emblem of Algeria. The back showed their value in Arabic numbers.
Newer Coins
In 1992, a new set of coins came out. These included:
- 1⁄4, 1⁄2, 1, 2, 5, 10, 20, 50, and 100 dinars
In 2012, a special 200 dinar coin was made. It was created to celebrate Algeria's 50th year of independence. The 10, 20, 50, 100, and 200 dinar coins are "bimetallic," meaning they are made of two different metals.
Coins in Use Today
Today, coins of 5 dinars and higher are commonly used. Because of inflation (when money buys less), the centime and smaller dinar coins (1 and 2 dinars) are rarely used. Prices are usually rounded to the nearest 5 dinars.
Banknotes of Algeria
First Series of Banknotes
The first Dinar banknotes were printed in 1964. They came in values of:
- 5 dinars
- 10 dinars
- 50 dinars
- 100 dinars
Later, in 1970, 500 dinar banknotes were added. In 1992, 1000 dinar banknotes were introduced.
Later Banknote Series
Algeria has continued to issue new series of banknotes. Here are some examples:
Third series | |||||||
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Image | Value | Main Colour | What's on the Note? | Date of | |||
Front | Back | Front | Back | printing | issue | ||
10 DA | Green | Diesel passenger train | Mountain village | 2 December 1983 | |||
20 DA | Red | Old jar (amphora) and arch | Handcrafts and tower | 2 January 1983 | |||
50 DA | Green | Shepherd with sheep | Farmers on a tractor | 1 November 1977 | |||
100 DA | Blue | Village with tall minarets | Man working with plants | 1 November 1981 8 June 1982 |
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200 DA | Brown | Place of the Martyrs in Algiers | Administration Tower of Constantine 1 University, a bridge in Constantine | 23 March 1983 | ||
Fourth series | |||||||
100 DA | Blue | Arab horse riders with swords, Algerian navy in battle | Battle of El Harrach (1775) victory | 21 May 1992 | 1996 | ||
200 DA | Reddish Brown | Islamic designs, mosque, olive and fig branches | Traditional Koranic school | ||||
500 DA | Violet and pink | Battle with elephants between Numidians and Romans | Romans fighting, ancient ruins in Tipaza, hot waterfall in Hammam Debagh | 21 May 1992 10 June 1998 |
1996 2000 |
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500 DA | Violet and pink | Globe, Alcomsat-1 (Algeria's first satellite) | Satellite dishes, map of Algeria, bridge | 1 November 2018 2018 |
2018 2018 |
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1000 DA | Red and brown | Ancient paintings from Tassili n'Ajjer | More paintings from Tassili, and the Hoggar mountains | 21 May 1992 10 June 1998 |
1995 2000 |
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1000 DA | Blue and Red | Grand mosque of Algiers | Loom, teapot | 1 December 2018 2018 |
2018 2018 |
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2000 DA | Purple and green | University professor, satellite, DNA, researchers in a lab | Wheat, palm tree, water, city buildings, olive tree | 24 January 2011 2011 |
2011 2011 |
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2000 DA | Red, blue, and green | Historical leaders of the FLN; Mountains | Royal Mausoleum of Batna | 5 July 2020 2020 |
2021 2021 |
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2000 DA | green | Martyrs' Memorial, Algiers; map of Arab countries | Tassili N'Ajjer National Park; Great Mosque of Algiers | 2022 | November 2022 |
The 100 dinar banknote is slowly being replaced by coins. Banknotes of 200, 500, and 1000 dinars are commonly used. Some 500 and 1000 dinar notes from 1998 also have a special shiny strip called a hologram on the front.
Current DZD exchange rates | |
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From Google Finance: | AUD CAD CHF EUR GBP HKD JPY USD TRY EUR JPY |
From Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD TRY EUR JPY |
From XE.com: | AUD CAD CHF EUR GBP HKD JPY USD TRY EUR JPY |
From OANDA: | AUD CAD CHF EUR GBP HKD JPY USD TRY EUR JPY |
From fxtop.com: | AUD CAD CHF EUR GBP HKD JPY USD TRY EUR JPY |
See Also
In Spanish: Dinar argelino para niños
- Economy of Algeria
- Tunisian dinar
- Libyan dinar
Images for kids
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10 centimes, minted in 1984, a palm tree
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20 centimes, minted in 1972, an overflowing cornucopia depicting the theme of agricultural revolution
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20 centimes, minted in 1975, a ram
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50 centimes, minted in 1975, "The 30th remembering" in Arabic and commemorating the French Algerian Clash
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1 dinar, minted in 1972, wheat, two hands (peace), and a tractor in foreground
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10 dinar, minted since 1979, "Bank of Algeria" in Arabic