Convert Algerian Dinar to Mexican Peso
Please provide values below to convert Algerian Dinar [DZD] to Mexican Peso [MXN], or Convert Mexican Peso to Algerian Dinar.
How to Convert Algerian Dinar to Mexican Peso
1 DZD = 6.97272610248764 MXN
Example: convert 15 DZD to MXN:
15 DZD = 15 × 6.97272610248764 MXN = 104.590891537315 MXN
Algerian Dinar to Mexican Peso Conversion Table
| Algerian Dinar | Mexican Peso |
|---|
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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.