Convert 1 Algerian Dinar (DZD) to Indian Rupee (INR)
Exchange rates used for currency conversion updated on 22nd March 2019 ( 22/03/2019 )
Below you will find the latest exchange rate for exchanging Algerian Dinar (DZD) to Indian Rupee (INR) , a table containing most common conversions and a chart with the pair's evolution.
The Algerian Dinar (DZD) to Indian Rupee (INR) 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 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.
About Indian Rupee (INR)
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.