Algerian Dinar

Algerian Dinar

The dinar (Arabic: دينار‎, Berber language: Dinar or Menkuc, French 'Dinar'; 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.

Danish Krone

Danish Krone

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

18 Algerian Dinar to Danish Krone exchange rates chart

18 DZD to DKK exchange rates graph
18 DZD to DKK Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

18 DZD to DKK exchange rates table

Exchange DZD to DKK
18 Algerian Dinar = 0.987 Danish Krone
36 Algerian Dinar = 1.975 Danish Krone
90 Algerian Dinar = 4.937 Danish Krone
180 Algerian Dinar = 9.874 Danish Krone
Exchange Algerian Dinar to Danish Krone
18 Algerian Dinar to Danish Krone Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

18 DZD to DKK exchange rates news

Algeria agrees steel plant stake sale to UAE firm

Algeria will sell a 49 percent stake in its state steel plant to Dubai-based Emarat Dzayer Group, the prime minister's office said on Tuesday, as the North African country seeks to attract foreign investment and diversify its economy.

about 2 months conditional negative
Algeria Plans First Wealth Tax to Cope With Financial Pressure

Move part of measures aimed at securing new sources of finance after sharp fall in energy earnings, prime minister says

about 2 months conditional neutral
Algeria protects dinar as US dollar depreciates | Lamine Ghanmi

Local economists warned that overvaluing the dinar relative to the dollar runs counter to most governmental diversification plans.

about 2 months indicative negative

18 DZD to DKK currency converter