500 Algerian Dinars (1998 Issue) Holographic Version

The 500 Algerian Dinars banknote issued in 1998 (holographic version) is one of the most visually distinctive modern notes produced by the Bank of Algeria. Introduced during a period of monetary modernisation, this version incorporates an advanced holographic security strip alongside detailed historical artwork, blending anti-counterfeit technology with strong national symbolism.

On the front of the banknote, the design focuses on themes drawn from Algeria’s rich historical and cultural heritage. A dynamic battle scene featuring mounted warriors and war elephants dominates the right-hand portion of the note, rendered in fine line engraving with layered depth and movement. The intricate detailing in the armour, shields, and figures reflects traditional intaglio techniques, while Arabic script identifies the issuing authority and denomination. The numeral “500” is displayed prominently in both Arabic and Western numerals, ensuring immediate denomination recognition. A vertical holographic security strip runs through the design, incorporating reflective and colour-shifting elements that respond dramatically to changes in light, marking this version apart from earlier non-holographic issues.

The reverse of the note continues the historical theme, with architectural imagery including a stepped stone structure and mountainous landscape. Fine linework and subtle shading give texture to the stonework and terrain, while decorative geometric framing elements draw from Islamic artistic traditions. The national emblem of Algeria appears within the composition, reinforcing state authority and authenticity. The overall colour palette is led by soft red, mauve, and pink tones, creating a cohesive aesthetic across both sides of the note.

The holographic version is particularly notable from a numismatic perspective, as it represents an enhanced security iteration within the broader 1998 issue. The reflective strip not only improves counterfeit resistance but also makes the note easier to authenticate visually. Over time, however, many Algerian dinar banknotes—including this denomination—can become difficult to exchange outside Algeria, especially through high-street bureaux in the UK.

If you have 500 Algerian Dinars from travel or as part of a mixed foreign currency collection, you can arrange a secure exchange foreign coins and notes through our UK-based service. Many travellers returning from North Africa find that Algerian dinars are not accepted by banks, leaving notes like this stored away for years.

Our service is frequently used by individuals clearing drawers, charities processing donated foreign money, and businesses managing surplus international cash. An instant online valuation allows you to see the exchange value upfront, with a clear and secure process from submission to payment.

• Indicate the quantity of 500 Algerian Dinar banknotes you want to exchange

• Click the ‘Add to your account’ button

• Your online account now shows the exchange value

We help individuals, businesses, and charities convert surplus foreign banknotes efficiently, offering transparent pricing and a straightforward UK currency buy-back process from start to finish.