Abstract
This study aims to find out the effectiveness of monetary policy in achieving monetary stability in Algeria during the period of (2000-2019), in this study we used the analytical and descriptive approach, on the form that enable us to knowing the effectiveness of the monetary policy tools in achieving monetary stability and absorbing surplus liquidity, analyzing the development of the money supply in Algeria and analyzing the effect of the monetary policy followed in Algeria on the variables of monetary stability represented in the monetary stability coefficient and inflation rate.