Convert Swiss Franc to Algerian Dinar
Please provide values below to convert Swiss Franc [CHF] to Algerian Dinar [DZD], or Convert Algerian Dinar to Swiss Franc.
How to Convert Swiss Franc to Algerian Dinar
1 CHF = 0.00611457305295579 DZD
Example: convert 15 CHF to DZD:
15 CHF = 15 × 0.00611457305295579 DZD = 0.0917185957943368 DZD
Swiss Franc to Algerian Dinar Conversion Table
| Swiss Franc | Algerian Dinar |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.