Convert Canadian Dollar to Algerian Dinar
Please provide values below to convert Canadian Dollar [CAD] to Algerian Dinar [DZD], or Convert Algerian Dinar to Canadian Dollar.
How to Convert Canadian Dollar to Algerian Dinar
1 CAD = 0.0104806966721 DZD
Example: convert 15 CAD to DZD:
15 CAD = 15 × 0.0104806966721 DZD = 0.157210450081499 DZD
Canadian Dollar to Algerian Dinar Conversion Table
| Canadian Dollar | Algerian Dinar |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.