Convert Algerian Dinar to Canadian Dollar
Please provide values below to convert Algerian Dinar [DZD] to Canadian Dollar [CAD], or Convert Canadian Dollar to Algerian Dinar.
How to Convert Algerian Dinar to Canadian Dollar
1 DZD = 95.413504587156 CAD
Example: convert 15 DZD to CAD:
15 DZD = 15 × 95.413504587156 CAD = 1431.20256880734 CAD
Algerian Dinar to Canadian Dollar 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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.