Convert Euro to Algerian Dinar
Please provide values below to convert Euro [EUR] to Algerian Dinar [DZD], or Convert Algerian Dinar to Euro.
How to Convert Euro to Algerian Dinar
1 EUR = 0.00655918535948597 DZD
Example: convert 15 EUR to DZD:
15 EUR = 15 × 0.00655918535948597 DZD = 0.0983877803922896 DZD
Euro to Algerian Dinar Conversion Table
Euro | Algerian Dinar |
---|
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.
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.