Historic Indian Rupee Algerian dinar

Indian Rupee algerian dinar history for December 2023. The highest quote for this month is 1.6156 (16/12/2023) and the lowest 1.6421 (08/12/2023). The difference between high and low is -1.64.

INR DZD average rate for December 2023 is 1.61099, the change between 01/12/2023 and 31/12/2023 is -0.89 %.

01 December 20231 INR = 1.610 DZD
02 December 20231 INR = 1.613 DZD
03 December 20231 INR = 1.613 DZD
04 December 20231 INR = 1.615 DZD
05 December 20231 INR = 1.610 DZD
06 December 20231 INR = 1.610 DZD
07 December 20231 INR = 1.609 DZD
08 December 20231 INR = 1.611 DZD
10 December 20231 INR = 1.609 DZD
11 December 20231 INR = 1.609 DZD
12 December 20231 INR = 1.610 DZD
13 December 20231 INR = 1.608 DZD
14 December 20231 INR = 1.611 DZD
15 December 20231 INR = 1.608 DZD
16 December 20231 INR = 1.616 DZD
17 December 20231 INR = 1.616 DZD
18 December 20231 INR = 1.612 DZD
19 December 20231 INR = 1.613 DZD
20 December 20231 INR = 1.613 DZD
21 December 20231 INR = 1.609 DZD
22 December 20231 INR = 1.612 DZD
23 December 20231 INR = 1.608 DZD
24 December 20231 INR = 1.608 DZD
25 December 20231 INR = 1.610 DZD
26 December 20231 INR = 1.607 DZD
27 December 20231 INR = 1.611 DZD
28 December 20231 INR = 1.607 DZD
29 December 20231 INR = 1.624 DZD

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.