What to Know About DZD and Its Value Against the Dollar
Author:XTransfer2025.08.20DZD
The Algerian Dinar is the money used in Algeria. Its symbol is DA or د.ج. The Bank of Algeria makes and gives out this money. The Dinar used to split into 100 centimes, but people do not use centimes now.
|
Aspect |
Details |
|
Currency Name |
Algerian Dinar |
|
ISO Code |
DZD |
|
Symbol |
DA (Latin), د.ج (Arabic) |
|
Subdivision |
100 centimes (now obsolete) |
|
Issuing Authority |
Bank of Algeria |
|
Date of Introduction |
April 1, 1964 |
On July 17, 2025, one DZD is worth about 0.0077 US dollars. This steady value helps travelers and businesses plan better. It also helps families who send money to Algeria.
Highlights
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The Algerian Dinar (DZD) is the money used in Algeria. It started in 1964. The Bank of Algeria gives out this money.
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One Dinar is worth about 0.0077 US Dollars in July 2025. The exchange rate does not change much over time.
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The Dinar's value goes up and down for many reasons. Oil prices, inflation, government rules, and world events can change it.
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People should use banks or trusted places to exchange Dinar. This helps them stay safe and not get tricked.
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It is smart to check the newest exchange rates before changing money. This helps you not get surprised and get the best deal.
DZD Overview
DZD Symbol and Subdivision
The Algerian Dinar uses DA in Latin and د.ج in Arabic. Both symbols can be found on coins and bills. The Dinar splits into 100 centimes, but people do not use centimes now. This is because prices are much higher today. When Algeria became independent in 1962, it needed its own money. The Dinar took the place of the Algerian New Franc on April 1, 1964. The word "dinar" comes from an old Roman coin called the denarius. Early coins had centimes and 1 dinar pieces made from different metals. Algeria later made new coins, like a special 200 dinar coin in 2012 for independence. Banknotes first came out in 1964 with values like 5, 10, 50, and 100 dinars. Later, bigger notes like 500 and 1000 dinars were added. Some people in Algeria still use old words like "franc" or "doro" when talking about money.
Issuing Authority
The Bank of Algeria, also called Banque d'Algérie, is the country’s main bank. It started after Algeria became its own country. The Bank of Algeria gives out and controls the Dinar. It manages how much money is in use and sets the exchange rate. The bank uses a managed floating exchange rate system. This means it controls the Dinar’s value by linking it to big currencies like the US dollar and the euro. The Bank of Algeria also watches over foreign money and handles payments with other countries.
The Dinar’s value has stayed fairly steady compared to other North African money. The chart below shows how the Dinar matches up with other currencies in the area:
|
Currency |
Approximate Value Against USD |
Relative Rank in North Africa |
|
Libyan Dinar (LYD) |
~0.70 USD |
1 (Strongest) |
|
Tunisian Dinar (TND) |
~0.35 USD |
2 |
|
Moroccan Dirham (MAD) |
~0.11 USD |
3 |
|
Algerian Dinar (DZD) |
~0.007 USD |
4 |
|
Egyptian Pound (EGP) |
~0.064 USD |
5 (Weaker than DZD) |
DZD Value
Current Exchange Rate
The value of the Algerian Dinar changes over time, but people can find the official rate from the Bank of Algeria. On July 17, 2025, the official exchange rate shows that 1 US Dollar equals about 130.18 Algerian Dinars. In reverse, 1 Algerian Dinar equals about 0.0077 US Dollars. Many financial websites, such as Wise.com, also track these rates in real time. These platforms show similar numbers, so travelers and businesses can trust the information.
|
Exchange Rate Detail |
Value |
|
1 Algerian Dinar (DZD) to US Dollar (USD) |
0.0077 USD |
|
1 US Dollar (USD) to Algerian Dinar (DZD) |
130.18 DZD |
|
Source |
Bank of Algeria |
|
Last Updated |
July 17, 2025, 02:53 UTC |
The table above helps people see the current value of the DZD compared to the US Dollar. Over the past year, the DZD has shown some changes, but the rate has stayed close to 130 DZD per 1 USD.
Rate Fluctuations
The DZD does not always keep the same value. Many things can make the exchange rate go up or down. Some of the main reasons include:
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Market sentiment, which means how investors feel about the Dinar. Good news can make people trust the Dinar more, while bad news can lower confidence.
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The rules and policies set by the government. Supportive rules can help the Dinar stay strong, but unclear or strict rules can make it weaker.
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Economic indicators, such as inflation, interest rates, and how fast the economy grows. These numbers can change how much the Dinar is worth.
Oil prices play a big role in the Dinar’s value. Algeria depends on oil and gas for most of its money from other countries. When oil prices drop, the Dinar often loses value. For example, in the mid-2000s, 1 US Dollar was worth about 70 DZD. By 2024, this number had grown to 133 DZD for 1 US Dollar. The big drop in oil prices in 2014 made the Dinar lose value even faster. Algeria’s foreign reserves also fell, which put more pressure on the currency. Without changes to the economy, the Dinar stays sensitive to oil market shocks.
Recent trends show that the DZD has moved up and down over the last five years. The exchange rate reached a high point of 147.01 DZD per USD in July 2022. Since then, the Dinar has become a bit stronger. In the last year, it gained about 3.14% against the US Dollar. Experts think the rate will stay close to 130 DZD per USD for the next year.
|
Currency Pair |
Latest Rate (Jul 16, 2025) |
Daily Change (%) |
Yearly Change (%) |
|
USD/DZD |
130.18 |
+0.04% |
-3.14% |
|
EUR/DZD |
151.50 |
+0.31% |
+3.04% |
|
GBP/DZD |
174.66 |
+0.22% |
-0.09% |
|
MXN/DZD |
0.1438 |
-0.47% |
+8.93% |
Exchange Rate Factors
Economic Influences
Many things in the economy affect the value of the Algerian Dinar (DZD). Algeria uses a managed float system. This means the Bank of Algeria connects the Dinar to big currencies. The US Dollar has the biggest effect on the Dinar. The Euro is also important. Since 2014, the Dinar lost about 30% of its value against the US Dollar. This happened mostly because oil prices went down. Algeria’s foreign currency reserves also got smaller.
The Dinar’s value depends on some main economic signs:
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The Dinar is linked to the US Dollar and Euro. Both have strong effects.
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Oil and gas exports give Algeria most of its money. If oil prices change, the Dinar can change fast.
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The Bank of Algeria uses foreign reserves to keep the Dinar steady. This helps stop big changes in the exchange rate.
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Inflation rates are important. High inflation in Algeria makes the Dinar weaker. Low inflation can help the Dinar stay strong.
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Interest rates and how fast the economy grows also matter for the Dinar.
Inflation in Algeria went down from 4.57% in April 2025 to 1.43% in May 2025. Over time, inflation has gone up and down. Experts think it will stay near 4.5% in the next few years. When inflation goes up, the Dinar often loses value against the US Dollar. Lower inflation can help the Dinar get stronger.
The Algerian government tries to keep the Dinar steady. The Bank of Algeria manages foreign reserves and controls currency exchange. These actions help stop sudden changes in the Dinar’s value, even if oil prices or inflation change.
Geopolitical Impact
Events around the world also affect the Dinar’s exchange rate. Algeria’s economy depends on oil and gas exports. Big world events that change energy prices can impact the Dinar. Fights in oil-producing places or new trade rules can make oil prices go up or down. When oil prices fall, Algeria earns less money. The Dinar often gets weaker.
Political stability in Algeria is important too. Investors feel safer when the country is calm. If there is unrest or trouble, people may move their money out of Algeria. This can make the Dinar lose value. Changes in government rules, like new trade deals or currency controls, can also change the exchange rate.
DZD Conversion
Conversion Steps
Anyone can convert Algerian Dinar to US Dollar or the other way around by following a few simple steps. Most people use online currency converters for fast and accurate results. Here is a step-by-step guide:
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Enter the amount you want to convert in the input box.
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Choose the source currency (for example, DZD) and the target currency (for example, US Dollar).
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The tool will show the current exchange rate and the converted amount right away.
ValutaFX stands out as a reliable online tool for this task. It gives live exchange rates, updates every few minutes, and shows both current and past rates. People can also set up alerts for rate changes. This makes ValutaFX helpful for travelers, business owners, and anyone sending money.
Practical Examples
The table below shows how much money you get when converting between Algerian Dinar and US Dollar at recent rates:
|
Amount (DZD) |
Equivalent (USD) |
Amount (USD) |
Equivalent (DZD) |
|
100 |
0.77 USD |
1 |
130.15 DZD |
|
500 |
3.84 USD |
5 |
650.70 DZD |
|
1,000 |
7.68 USD |
10 |
1,301.40 DZD |
|
5,000 |
38.42 USD |
50 |
6,507.00 DZD |
|
10,000 |
76.84 USD |
100 |
13,013.95 DZD |
People should always check the latest rates before making a conversion. Rates can change quickly, and fees can lower the final amount received. Using trusted online tools helps avoid surprises.
Handling DZD
Exchanging Money
People in Algeria need to exchange money safely. The best way is to use official exchange services. These include banks, trusted exchange offices, and digital apps. Wise and Revolut are good choices for fair rates. They let you buy, keep, and spend Dinar at the real rate. This helps you avoid hidden costs. XTransfer also gives live rates and safe online exchanges.
Recommended steps for exchanging DZD:
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Only use official banks or trusted exchange offices.
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Do not exchange money at airports or hotels. These places have bad rates and high fees.
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Never use street vendors or unapproved services. This can lead to scams.
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Compare rates from banks, exchange offices, and apps to get the best deal.
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Always check the latest exchange rate before you trade money.
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Use digital services like Wise or Revolut for sending money abroad.
Safety Tips
You must be careful and follow the rules when using Algerian Dinar. Algeria has strict laws about exchanging and moving money. Non-residents cannot take Dinar out of Algeria. If you carry more than 3,000 Dinar or over 1,000 Euros, you must tell customs. Officials may check for hidden money when you leave. Not telling them can mean fines or jail.
Key safety tips for handling DZD:
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Only use approved banks or exchange offices. Look for signs and always get a receipt.
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Stay away from black market and street exchanges. These are illegal and unsafe.
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Take out cash from ATMs inside banks or safe places during the day.
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Check ATMs for fake card readers before using them.
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Bring a backup way to pay, like a travel card or second credit card.
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Keep proof of all your exchanges in case you need to show it.
The value of the Algerian Dinar goes up and down a lot. This happens because of changes in the economy and politics. It is smart to check the latest exchange rates before trading money.
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Real-time rates show what is happening in the market right now. They help people avoid mistakes when changing money.
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The value of money can change fast. Oil prices, inflation, and government rules are some reasons why.
People should always use trusted banks or official places to exchange DZD. This helps keep their money safe. Gate.com has tools and information to check the newest rates and make good choices.
FAQ
What is the smallest unit of the Algerian Dinar?
The centime is the smallest part of the Dinar. One Dinar is made up of 100 centimes. People do not use centimes now because things cost more. Only Dinar coins and bills are used every day.
Can travelers use US Dollars in Algeria?
Travelers cannot pay with US Dollars in Algeria. Stores and places to eat only take Algerian Dinar. People should change their money at banks or official exchange offices before they shop.
How often does the DZD to USD exchange rate change?
The exchange rate can change each day. The Bank of Algeria gives a new rate every business day. Online tools and apps also show changes in real time for travelers and businesses.
Is it safe to exchange money at the airport in Algeria?
Are there limits on taking Dinar out of Algeria?
Yes, Algeria has strict rules about this. Non-residents cannot take Dinar out of Algeria. Residents must tell customs if they have more than 3,000 Dinar or 1,000 Euros. If you break these rules, you could get a fine or legal trouble.
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