Convert 1 Canadian Dollar (CAD) to Algerian Dinar (DZD)
Exchange rates used for currency conversion updated on 20th May 2019 ( 20/05/2019 )
Below you will find the latest exchange rate for exchanging Canadian Dollar (CAD) to Algerian Dinar (DZD) , a table containing most common conversions and a chart with the pair's evolution.
The Canadian Dollar (CAD) 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 om;ine and offline.
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.
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.