DZD (د.ج)

Currency: Algerian Dinar

The Algerian dinar is the official currency of Algeria. It is subdivided into 100 centimes. The dinar has been the currency of Algeria since 1964. The Algerian Dinar is the official currency of Algeria. It was introduced in 1964, replacing the old Algerian franc. The currency is issued by the Bank of Algeria and is subdivided into 100 santeems. The dinar has been subject to high inflation, and the government has had to issue new banknotes in higher denominations to keep up with the rising cost of living. Despite this, the dinar remains an important currency in North Africa.