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Algerian dinar facts for kids

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Algerian dinar
ISO 4217 Code DZD
User(s)  Algeria
 Sahrawi Arab Democratic Republic
Inflation 9.27%
Source The World Factbook, 2019 est.
Subunit
1100 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.

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:

  • 14, 12, 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
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

200dzd2.jpg 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

500 DA Violet and pink Globe, Alcomsat-1 (Algeria's first satellite) Satellite dishes, map of Algeria, bridge 1 November 2018

2018

2018

2018

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

1000 DA Blue and Red Grand mosque of Algiers Loom, teapot 1 December 2018

2018

2018

2018

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

2000 DA Red, blue, and green Historical leaders of the FLN; Mountains Royal Mausoleum of Batna 5 July 2020

2020

2021

2021

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
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

Kids robot.svg In Spanish: Dinar argelino para niños

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