Algerian Dinar in Qatari Rial

DZD Algerian Dinar

Country of application:
Algeria, Republic of Sahara

Coin denominations in circulation:
5, 10, 20, 50, 100, 200 dinars.

Denominations of banknotes in circulation:
200, 500, 1000 dinars.

History reference:
The Algerian dinar is the official currency of Algeria, Western Sahara. Today Algeria is a sovereign state. Until 1964, the countrys currency was the Algerian franc, after which it was withdrawn from... circulation. At the moment, the country has its own currency - the dinar. In 1994, there was a devaluation of the domestic Algerian currency, it depreciated by almost 60%, so you should pay attention to the fact that it has a floating rate. In 1998, 58 dinars were equal to 1 dollar. In March 1999, the dollar exchange rate in the country was 64.55 dinars.

QAR Qatari Rial

Country of application:
Qatar

Coin denominations in circulation:
1, 5, 10, 25, 50 dirhams.

Denominations of banknotes in circulation:
1, 5, 10, 50, 100, 500 riyals.

History reference:
The Qatari rial has been the national currency and money of the State of Qatar from 1973 to the present. It replaced the riyal of Qatar and Dubai, after Dubai became part of the UAE. Until April 28, ...1959, the Indian rupee was in circulation in the country, until it was replaced by the Persian Gulf rupee issued for the countries of the Persian Gulf. The Gulf rupee was pegged to the Indian rupee and when the Indian rupee depreciated in 1965, the value of the Gulf rupee fell and then Qatar along with other Gulf countries decided to issue their own currency.