Since 1964 the official currency of Algeria is he Dinar. The Algerian dinar since the beginning of the nineties it has coins of ¼, ½, 1, 2, 5, 10, 20, 50, and 100 dinars; being the most used the five dinar coins. In relation to banknotes, the dinar has denominations of 5, 10, 50, 100 and 500 dinars.
If we are going to make a trip to Algeria, we must know that we cannot enter the country with Algerian dinars. Once we enter the country, we will have to declare the amount of US dollars or euros that we carry with us and make a minimum change equivalent to one thousand dinars (one euro is equivalent to 102 dinars).
If on the trip we make more currency changes, we must keep all the backups of the exchange houses or banks because they can request them in customs when we leave the country. In addition, if we do not spend everything changed, we can change in customs Algerian dinars for our currency.
It is recommended that we exchange money only at authorized exchange houses, at the bank at the airport, at banks and at hotel chains They provide the service. If we have travel checks, these will only be received at Hotels five star; In addition, we must bear in mind that the currency exchange in Algeria is very variable, so we should not be surprised with the devaluation of money.
An important annotation on issues of currency in Algeria is that we must keep all the currency exchange backups that correspond to amounts to make purchase of plane or bus tickets for take trips inside the country. If we buy with credit card, we must bear in mind that in Algeria not all accepted Credit cards, the use of Visa and Mastercard.
Finally, point out that in Algeria Banks only serve from 09:00 to 16:00 hours from Thursday to Sunday.