Convert 5 Indian Rupee (INR) to Algerian Dinar (DZD)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Indian Rupee (INR) to Algerian Dinar (DZD) , a table containing most common conversions and a chart with the pair's evolution.
The Indian Rupee (INR) to Algerian Dinar (DZD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Indian Rupee and Algerian Dinar on 11/21/2024 is 1 INR = 1.5832 DZD - AVERAGE intraday quotes were used for this currency conversion.
Under the monetary policy of the Reserve Bank of India (RBI) the INR, Indian rupee, having once been held back by a centrally planned economy it is increasing its presence in world currency markets as the central planning and controls are released and the Indian economy is released, embracing the free markets. The INR is a floats against a basket of goods and other currencies and it is increasing in worldwide importance as the underlying economy grows and the RBI continues to focus on price stability and the general well being of the country.
About Algerian Dinar (DZD)
The Algerian dinar (DZD) is the official currency of Algeria, and issued and controlled by the Bank of Algeria. The currency is subdivided into 100 sub units but there are no denominations of DZD in these subunits. The symbol for the DZD is " دج " in Arabic and "DA" in Latin.
The current denomination in circulation are coins valued at 5 DA, 10 DA, 20 DA , 50 DA, and 100 DA with printed banknotes valued at 200 DA, 500 DA, 1000 DA. and 2000 DA.
