Home > Africa > Algeria > Money



Dinar (DZD) = 100 centimes. Notes are in denominations of DZD1000, 500, 200, 100 and 50. Coins are in denominations of DZD100, 50, 20, 10, 5, 2 and 1, and 50, 20, 10, 5 and 1 centimes.
Note: Because of the very strict adherence of the authorities to these regulations, visitors are strongly advised not to be associated with the black market, which tends to concentrate on the Euro and portable electronics.
In the past, difficulties have arisen when trying to exchange currency in Algeria, with only one national bank (La Banque Extérieure d’Algérie) able to exchange foreign currency at branches in major business centres. Difficulties are now decreasing and it is possible, for example, to exchange currency at some of the larger hotels. However, the facilities for currency exchange remain quite limited.
Credit cards are generally only accepted in urban areas.
Accepted only in top-class (4-star and above) hotels, Government-run craft (souvenir) shops and in certain establishments. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Euros.
The import and export of local currency is allowed. The import of foreign currency is unlimited, but must be declared on arrival and changed at the nearest bank. The export of foreign currency is permitted up to the amount declared on arrival. The currency declaration and the exchange declaration must be presented upon departure.
Sun-Thurs 0900-1530.
DateJul 06
£1.00=DZD136.46
$1.00=DZD74.11




© All Rights Reserved
Contact us  |  Link Us  |  Add Site