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.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

86 Algerian Dinar to Australian Dollar exchange rates chart

86 DZD to AUD exchange rates graph
86 DZD to AUD 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.

86 DZD to AUD exchange rates table

Exchange DZD to AUD
86 Algerian Dinar = 1.011 Australian Dollar
172 Algerian Dinar = 2.023 Australian Dollar
430 Algerian Dinar = 5.057 Australian Dollar
860 Algerian Dinar = 10.115 Australian Dollar
Exchange Algerian Dinar to Australian Dollar
86 Algerian Dinar to Australian Dollar 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.

86 DZD to AUD 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
Dollar gains, but outlook suggests weak trend

The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.

7 days indicative negative
Key indicators from the Australian economy in 2018

There is little doubt that 2018 was a year of ups and downs in many sectors as worldwide volatility attempted to undermine what could otherwise have been a year of gains in certain areas.

18 days conditional neutral
Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Floating the dollar 35 years ago was a leap into the unknown. Here's how it has served us well.

about 1 month conditional neutral

86 DZD to AUD currency converter