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Exchange rates for the Deutsche Mark in Algeria / DEM 100 = DZD ... (buying) / up to 1998

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Time series key BBEX3.A.DZD.DEM.CA.AA.A04
Unit DZD
Dimension one
Timespan from 1974 to 1998
Last update 20.09.2023 12:48:21 PM
   
General Listed against the euro as of January 1999, see BBEX3:A:DZD:EUR:CA:AA:A04.
Methodology 1974 calculated on the basis of month-end rates, thereafter on the basis of mid-month and month-end rates.
Source Banque d'Algerie (formerly: Banque Centrale d'Algerie), Algiers.
   
Comment on 1994 On 10 April 1994, the Algerian dinar was devalued. We recorded the following exchange rates (buying/selling rate): 8 April 1994: DEM 100 = DZD 1,498.7275 / 1,500.4789 11 April 1994: DEM 100 = DZD 2,102.5176 / 2,104.0117 On the basis of these exchange rates, the Algerian dinar depreciated by 28.7%.
Comment on 1991 On 30 September 1991, the Algerian dinar was devalued. We recorded the following exchange rates (buying/selling rate): 27 September 1991: DEM 100 = DZD 1,044.4043 / 1,049.4587 30 September 1991: DEM 100 = DZD 1,286.3986 / 1,292.4968 On the basis of these exchange rates, the Algerian dinar depreciated by 18.8%.