Algeria's currency unit is known as the Algerian dinar. The Algerian dinar is the official currency of Algeria and is abbreviated as DZD. There are several synonyms that can be used to describe Algeria's currency unit, including the Algerian franc, Algerian peso, Algerian lira, Algerian pound, and Algerian shilling. However, these synonyms are outdated and are no longer used to refer to the Algerian dinar. The Algerian dinar is used for all transactions in Algeria and is regulated by the Central Bank of Algeria. The current exchange rate of the Algerian dinar varies depending on market conditions.
