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5 Dinars Independence
| Issuer | Banque Centrale d'Algérie |
|---|---|
| Year | 1972 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Reference(s) | KM#105a, Schön#15a |
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|---|---|
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| Obverse lettering | الجمهورية الجزائرية الديمقراطية الشعبية 5 خمسة دنانير (Translation: People's Democratic Republic of Algeria Five Dinars) |
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| Edge | Reeded |
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| Additional information |
Algeria's 1972 coinage program was part of a broader nationalization push following the 1971 decree in which Houari Boumédiène seized full control of French oil interests — a confrontation that reshaped the country's economic identity far more than any symbolic currency reform could. The 5 Dinars in nickel replaced an earlier aluminum-bronze version (KM#105), the composition change reflecting both industrial policy shifts and Algeria's drive to assert control over its own material resources.