The dinar (Arabic: دينار) is the currency of Algeria and it is subdivided into 100 santeem (سنتيم). The name "dinar" is ultimately derived from the Roman denarius. The dinar was introduced on 1 April 1964, replacing the Algerian new franc at par.
The first series of dinar banknotes
issued in 1964 consisted of 5, 10, 50 and 100 dinar denominations. In
1970 500 dinar notes were added, followed by 1000 dinar in 1992.
This 50 Dinars note is from a third series and is issued on November 1st, 1977.
Obverse: Shepherd with flock
Reverse: Farmers on a tractor
Current 100 dinar note (4th series) is being replaced by coins. 200, 500, and 1000 dinar
notes are in circulation. The 1998 dated 500 and 1000 dinar notes have
an additional vertical holographic strip on obverse.
