Convert Algerian Dinar to Chinese Yuan
Please provide values below to convert Algerian Dinar [DZD] to Chinese Yuan [CNY], or Convert Chinese Yuan to Algerian Dinar.
How to Convert Algerian Dinar to Chinese Yuan
1 DZD = 18.121370523704 CNY
Example: convert 15 DZD to CNY:
15 DZD = 15 × 18.121370523704 CNY = 271.82055785556 CNY
Algerian Dinar to Chinese Yuan Conversion Table
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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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).