Convert New Zealand Dollar to Algerian Dinar
Please provide values below to convert New Zealand Dollar [NZD] to Algerian Dinar [DZD], or Convert Algerian Dinar to New Zealand Dollar.
How to Convert New Zealand Dollar to Algerian Dinar
1 NZD = 0.0128383726574201 DZD
Example: convert 15 NZD to DZD:
15 NZD = 15 × 0.0128383726574201 DZD = 0.192575589861301 DZD
New Zealand Dollar to Algerian Dinar Conversion Table
| New Zealand Dollar | Algerian Dinar |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.