Convert United States Dollar to Algerian Dinar
Please provide values below to convert United States Dollar [USD] to Algerian Dinar [DZD], or Convert Algerian Dinar to United States Dollar.
How to Convert United States Dollar to Algerian Dinar
1 USD = 0.0076922544382385 DZD
Example: convert 15 USD to DZD:
15 USD = 15 × 0.0076922544382385 DZD = 0.115383816573578 DZD
United States Dollar to Algerian Dinar Conversion Table
| United States Dollar | Algerian Dinar |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.