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This 100 dinar banknote was issued by Algeria on 1 January 1964, shortly after the country's independence proclaimed in 1962. It is part of the establishment of an Algerian national currency, the Algerian dinar, which replaced the Algerian franc from 1964 onwards. This issue thus represents one of the first milestones of the monetary sovereignty of the newly formed Algerian state.
The banknote belongs to series T.695, a reference that allows precise identification of its issue batch within the production of this denomination. This series numbering is essential for collectors and specialists seeking to establish the provenance and relative rarity of a given example.
As a banknote from the first official series of the Algerian dinar, this example holds particular historical and numismatic importance. The banknotes issued in 1964 constitute the very first generation of sovereign Algerian paper money, produced in a political and economic context of national reconstruction. They are today sought after by collectors specialising in African and Maghrebi numismatics, as well as by those interested in the monetary history of newly decolonised countries.
The face value of 100 dinars made it a significant denomination at the time of its issue, representing one of the highest nominal values available in the Algerian monetary system of the period.
The preservation and general condition of such a banknote are determining criteria for assessing its numismatic value, with well-preserved examples from this first issue being naturally less common given their age and potential use in circulation.