DZD to USD - Algerian Dinar to US Dollar Converter
Convert Algerian Dinar to US Dollar with daily ECB exchange rates
1 DZD = ~0.007724 USD (rates vary)
Quick Insight
DZD to USD moves with oil revenue and policy signals. For quick estimates, check a mid-market reference before large transfers.
Use a simple benchmark against mid-market rates to gauge cost.
Common DZD - USD Conversions
Forex Market Hours
Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.
Upcoming High Impact Events
These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.
Tips & Recommendations
- 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
- 2ATMs with local bank cards typically offer rates closer to mid-market rates
- 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
- 4Notifying your bank before travel can help prevent unexpected card blocks
Frequently Asked Questions
Economic Context
Trading Relationship
Algeria's trade with major partners, notably the United States and Europe, hinges on energy exports. USD-denominated transactions for crude oil and gas influence Algeria's import costs and currency stability through reserve management.
Key Rate Factors
- •Bank of Algeria monetary policy and exchange controls
- •Oil and gas revenue and export mix
- •US and Eurozone monetary policy and liquidity
- •Algeria's foreign exchange reserves
- •Global risk appetite and commodity price dynamics
Central Banks
Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.
Rates sourced from European Central Bank reference rates. ECB Reference Rates