Algeria - 100 Dinars - PMG Graded 58 - P-125a - Foreign Paper Money

Very Large size Impressive Note. PMG Graded 58, Choice About Uncirculated, 100 Dinars, P-125a. The dinar (Arabic: دينار جزائري, romanized: Dīnār Ǧazāʾirī, Berber languages: ⴷⵉⵏⴰⵕ ⴰⴷⵣⴰⵢⵔⵉ; sign: DA; code: DZD) is the monetary currency of Algeria and it is subdivided into 100 centimes. Centimes are now obsolete due to their extremely low value. The name "dinar" is ultimately derived from the Roman denarius. The Arabic word santīm comes from the French "centime", since Algeria was under French occupation from 1830 to 1962. The dinar was introduced on 1 April 1964, replacing the Algerian new franc at par.

The official exchange rate set by the Central Bank of Algerian: Algerian Dinar to U.S. dollar is approximately د.ج138.26 per 1 US dollar. The real exchange rate of the Algerian Dinar to U.S. dollar is approximately د.ج212 per 1 US dollar on black market.The masses rarely use the dinar as such, but the franc (officially the centime; one hundredth of a dinar) and the doro (one twentieth of a dinar). In traditional selling places such as the vegetable market or in the case of street vendors, prices are displayed in francs, in more modern shops the prices are displayed in dinars but the franc is used in speech. Read more at https://en.wikipedia.org/wiki/Algerian_dinar

Read More

Read Less