DZD to CAD Exchange Rate - Convert Algerian Dinar to Canadian Dollar

Converting from Algerian Dinar (DZD) to Canadian Dollar (CAD)

What is Algerian Dinar (DZD)

The Algerian Dinar (DZD) is the official currency of Algeria, a country located in North Africa. The dinar was first introduced in 1964, replacing the Algerian franc at a rate of one dinar to 100 francs. The symbol for the dinar is د.ج, and it is divided into 100 centimes. The Central Bank of Algeria is responsible for issuing and regulating the dinar.

The value of the DZD can fluctuate based on market conditions, and it's important to consider that Algeria has a primarily oil-dependent economy. As a result, changes in oil prices can significantly impact the value of the dinar in the international currency market. Exchange rates for the dinar can vary daily, based on economic factors and geopolitical events.

When converting DZD to other currencies, such as the Canadian dollar, it’s crucial to check live exchange rates and stay informed about any economic changes that might affect the currency's value. Dinar exchange operations are available through banks, exchange offices, and various online platforms.

What is Canadian Dollar (CAD)

The Canadian Dollar (CAD) is the official currency of Canada, a country located in North America. Commonly represented with the symbol "$" or "C$" to distinguish it from other dollar-denominated currencies, the Canadian dollar is subdivided into 100 cents. The Canadian dollar was established in 1858 and has since evolved into one of the world's most stable and widely traded currencies.

The Bank of Canada serves as the central bank responsible for issuing and managing the currency. The value of the CAD is influenced by several factors, including trade, interest rates, and the economic stability of Canada. As a commodity-based economy, fluctuations in the prices of natural resources, such as oil, can also impact the Canadian dollar's value on the global market.

For individuals or businesses looking to convert Canadian dollars to another currency or vice versa, it’s essential to take into account the daily exchange rates, which can vary significantly due to market conditions. Reliable currency conversion services and tools are vital for making informed decisions during currency exchanges.

Conclusion

Understanding the fundamentals of both the Algerian dinar and the Canadian dollar is crucial for anyone looking to convert between these two currencies. Whether you are traveling, conducting business, or simply exchanging money, being aware of the current exchange rates and economic factors influencing each currency can help ensure you make the most informed decisions. When dealing with conversions, always rely on trusted sources and updated information for the best outcomes.

Algerian Dinar to Canadian Dollar conversion table

DZD to CAD conversion table

Algerian Dinar (DZD)Canadian Dollar (CAD)
1 DZD0.0107845157 CAD
2 DZD0.0215690314 CAD
3 DZD0.0323535471 CAD
4 DZD0.0431380628 CAD
5 DZD0.05392257849 CAD
6 DZD0.06470709419 CAD
7 DZD0.07549160989 CAD
8 DZD0.08627612559 CAD
9 DZD0.09706064129 CAD
10 DZD0.10784515699 CAD
100 DZD1.0784515699 CAD
200 DZD2.15690313979 CAD
300 DZD3.23535470969 CAD
400 DZD4.31380627959 CAD
500 DZD5.39225784949 CAD
600 DZD6.47070941938 CAD
700 DZD7.54916098928 CAD
800 DZD8.62761255918 CAD
900 DZD9.70606412907 CAD
1 000 DZD10.78451569897 CAD
2 000 DZD21.56903139794 CAD
5 000 DZD53.92257849486 CAD
10 000 DZD107.84515698972 CAD
20 000 DZD215.69031397944 CAD
50 000 DZD539.2257849486 CAD
100 000 DZD1 078.45156989719 CAD
Last updated March 14, 2025 at 11:55 PM