Algeria - 100 Dinars - P-125a - 1964 dated Foreign Paper Money - Ultra Popular - for Sale

Algeria - 100 Dinars - P-125a - 1964 dated Foreign Paper Money - Ultra Popular - For Sale

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Algeria - 100 Dinars - P-125a - 1964 dated Foreign Paper Money - Ultra Popular -:
$274.50

Very Large size Impressive Note. 100 Dinars, P-125a. The dinar is the monetary currency of Algeria and it is subdivided into 100 centimes. Centimes are now obsolete due to their extremely low value. The name "dinar" is ultimately derived from the Roman denarius. The Arabic word sant?m comes from the French "centime", since Algeria was under French occupation from 1830 to 1962. The dinar was introduced on 1 April 1964, replacing the Algerian new franc at par. The official exchange rate set by the Central Bank of Algerian: Algerian Dinar to U.S. dollar is approximately ?.?138.26 per 1 US dollar. The masses rarely use the dinar as such, but the franc (officially the centime; one hundredth of a dinar) and the doro (one twentieth of a dinar). In traditional selling places such as the vegetable market or in the case of street vendors, prices are displayed in francs, in more modern shops the prices are displayed in dinars but the franc is used in speech. Read more at Item ordered may not be exact piece shown. All original and authentic.