Convert Australian Dollar to Algerian Dinar
Please provide values below to convert Australian Dollar [AUD] to Algerian Dinar [DZD], or Convert Algerian Dinar to Australian Dollar.
How to Convert Australian Dollar to Algerian Dinar
1 AUD = 0.0117629954869543 DZD
Example: convert 15 AUD to DZD:
15 AUD = 15 × 0.0117629954869543 DZD = 0.176444932304315 DZD
Australian Dollar to Algerian Dinar Conversion Table
| Australian Dollar | Algerian Dinar |
|---|
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
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.