Algerian Dinar (DZD)
a.k.a. DZD
The official currency of Algeria, code DZD, managed by the Bank of Algeria.
In plain English
The official currency of Algeria, code DZD, managed by the Bank of Algeria.
The Algerian dinar (DZD) is tightly managed, and the country's economy leans heavily on oil and gas exports, so energy prices loom large over it.
Strict exchange controls mean a busy unofficial market often trades the dinar at a noticeably weaker rate than the official one.
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