Historic Algerian dinar Indian Rupee

Algerian dinar indian rupee history for February 2024. The highest quote for this month is 0.61922 (04/02/2024) and the lowest 0.62561 (15/02/2024). The difference between high and low is -1.03.

DZD INR average rate for February 2024 is 0.61851, the change between 01/02/2024 and 29/02/2024 is -0.14 %.

01 February 20241 DZD = 0.6187 INR
02 February 20241 DZD = 0.6171 INR
03 February 20241 DZD = 0.6188 INR
04 February 20241 DZD = 0.6192 INR
05 February 20241 DZD = 0.6193 INR
06 February 20241 DZD = 0.6180 INR
07 February 20241 DZD = 0.6176 INR
08 February 20241 DZD = 0.6189 INR
09 February 20241 DZD = 0.6190 INR
12 February 20241 DZD = 0.6203 INR
13 February 20241 DZD = 0.6182 INR
14 February 20241 DZD = 0.6184 INR
15 February 20241 DZD = 0.6190 INR
16 February 20241 DZD = 0.6181 INR
17 February 20241 DZD = 0.6180 INR
18 February 20241 DZD = 0.6180 INR
19 February 20241 DZD = 0.6192 INR
20 February 20241 DZD = 0.6190 INR
21 February 20241 DZD = 0.6182 INR
22 February 20241 DZD = 0.6194 INR
23 February 20241 DZD = 0.6184 INR
24 February 20241 DZD = 0.6173 INR
25 February 20241 DZD = 0.6173 INR
26 February 20241 DZD = 0.6185 INR
27 February 20241 DZD = 0.6179 INR
28 February 20241 DZD = 0.6184 INR
29 February 20241 DZD = 0.6195 INR

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.