Convert Algerian Dinar to Euro
Please provide values below to convert Algerian Dinar [DZD] to Euro [EUR], or Convert Euro to Algerian Dinar.
How to Convert Algerian Dinar to Euro
1 DZD = 152.457957077518 EUR
Example: convert 15 DZD to EUR:
15 DZD = 15 × 152.457957077518 EUR = 2286.86935616278 EUR
Algerian Dinar to Euro Conversion Table
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Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.