دينار جزائري (Arabic)|
Dinar Adzayri (Berber)
Menkuc Adzayri (Berber)
Dinar algérien (French)
|Symbol||دج (Arabic) or DA (Latin)|
|Freq. used||200, 500, 1000 dinars|
|Rarely used||100, 2000 dinars|
|Freq. used||5, 20, 50 dinars|
|Rarely used||1⁄4, 1⁄2, 1, 2, 10, 100 dinars|
|Central bank||Bank of Algeria|
|Source||The World Factbook, 2009 est.|
The dinar (Arabic: دينار, Berber language: Dinar or Menkuc, French 'Dinar'; sign: DA; code: DZD) is the monetary currency of Algeria and it is subdivided into 100 centimes. Centimes are now obsolete due to their extremely low value.
The dinar was introduced on 1 April 1964, replacing the Algerian new franc at par.
Argotic counting system
The masses never use the dinar as such, but the frank (officially the centime or 1/100 Dinar) and the doro (5/100). In traditional selling places such as the vegetable market or in the case of street vendors, prices are displayed in frank, in more modern shops the prices are displayed in dinars but the frank is used orally.
From 1 to 4 centimes, the frank is used, examples : frank (1 centime), 2 frank (2 centimes).
From 5 centimes up to 5 Dinars, the doro is used examples: 5 centimes : 1 doros, 10 centimes : 2 doros, 50 centimes: 10 doros, 1 Dinar : 20 doros (alternatively 100 frank), 1.5 Dinar : 30 doros, 2 Dinars: 40 doros (alternatively 200 frank). The usage of the doro tends to disappear since coins below 5 dinars are rarely available nowadays.
From 10 dinars upward we switch back to the frank, examples: 10 dinars: 1000 franks, 20 dinars : 2000 franks.
From 50 dinars upward, the word frank is omitted. Examples: 50 dinars: 5,000; 200 dinars: 20,000; 1,000 dinars: 100,000; 10,000 dinars: 1 million; 500,000 dinars: 50 million; 10,000,000 dinars: 1 billion.
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 1⁄4, 1⁄2, 1, 2, 5, 10, 20, 50 and 100 dinars. A 200 dinar bi-metallic coin was issued in 2012 to commemorate Algeria's 50th anniversary of independence. The 10, 20, 50, 100, and 200 dinar coins are bimetallic.
Coins in general circulation are 5 dinars 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 dinars. Nonetheless, prices are typically quoted in santeem in everyday speech; thus a price of 100 dinars is read as عشر الاف ("ten thousand").
|Image||Value||Main Colour||Description||Date of|
|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|
|100 DA||Blue||Charging Arab horse riders with sabres in a seal, and Algerian navy in a battle||Pre-colonial invasion: Battle of El Harrach (1775) victory of the Algerian horseriders 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||Numidian Period: Battle on elephants between Numidians and invading Romans||Romans fighting, a gasing in Tipaza, a hot waterfall in Hammam Debagh, Guelma Province (?)||21 May 1992
10 June 1998
|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
|2000 DA||Blue and green||University professor lecturing students in amphitheatre, 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
|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 TRY INR CNY|
|From Yahoo! Finance:||AUD CAD CHF EUR GBP HKD JPY USD TRY INR CNY|
|From XE:||AUD CAD CHF EUR GBP HKD JPY USD TRY INR CNY|
|From OANDA:||AUD CAD CHF EUR GBP HKD JPY USD TRY INR CNY|
|From fxtop.com:||AUD CAD CHF EUR GBP HKD JPY USD TRY INR CNY|
- Krause, Chester L.; Clifford Mishler (2003). 2004 Standard Catalog of World Coins: 1901–Present. Colin R. Bruce II (senior editor) (31st ed.). Krause Publications. ISBN 0873495934.
- Cuhaj, George S. (editor) (2006). Standard Catalog of World Paper Money: Modern Issues 1961-Present (12th ed.). Krause Publications. ISBN 0-89689-356-1.
- Algerian Bank Regulations of 1996, for specifications of fourth series currency (French).
- Algeria 200 dinars 2012 - 50 Years of Independence worldcoinnews.blogspot.com. Retrieved 2012-07-11.