The currency of Algeria is the Algerian dinar, denoted by the symbol "DA" and the code "DZD." The dinar is subdivided into 100 centimes, although centime coins are not commonly used in daily transactions. The Algerian dinar has undergone several changes since its introduction in the 1960s, particularly in terms of its value and exchange rates. The Bank of Algeria is responsible for issuing and regulating the currency, playing an essential role in managing the country's monetary policy and economic stability amidst fluctuating oil prices, which significantly impact Algeria's economy.