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Information about currency: Algerian Franc

Currency nameAlgerian Franc
CountryFrench Algeria
Dates1848 - 1964
System

1 Franc = 100 centimes

Description

The franc was the currency of Algeria between 1848 and 1964. It was subdivided into 100 centimes.

The franc replaced the budju when France occupied the country. It was equivalent to the French franc and was revalued in 1960 at a rate of 100 old francs = 1 new franc to maintain the equivalence. The new franc was replaced at par by the dinar in 1964 following Algerian independence granted by France in 1962.

Except for 20-, 50- and 100-franc coins issued between 1949 and 1956, Algeria used the same coins as metropolitan France.

Currency Algerian Franc was used:
Country From To
Algeria Algerian Franc 1962 1964
French Algeria Algerian Franc 1848 1962