Convert Saudi Riyal to Algerian Dinar
Please provide values below to convert Saudi Riyal [SAR] to Algerian Dinar [DZD], or Convert Algerian Dinar to Saudi Riyal.
How to Convert Saudi Riyal to Algerian Dinar
1 SAR = 0.0288459541433944 DZD
Example: convert 15 SAR to DZD:
15 SAR = 15 × 0.0288459541433944 DZD = 0.432689312150916 DZD
Saudi Riyal to Algerian Dinar Conversion Table
Saudi Riyal | Algerian Dinar |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.