To get around this, I have taken to using xmodmap to turn my right alt key into altgr.
(I do really miss the days when Mac keyboards had the weird symbol they use for "alt" in menus on the key.)
In the past, I've bought US Mac keyboards just for the #, or switched the keyboard layout in software to US.
Must be annoying to have to press shift to get those symbol chars while you're coding, eh?
Honestly no. It's all muscle memory for me, I don't think about it any more than I think about typing capital letters.
I just think people will criticise their local layout no matter what. I use both a French AZERTY and a Québec QWERTY everyday (at work/home) and I think they are simply equally good for both typing French and for coding. The Québec keyboard (maybe actually Canadian multilingual or something) might have an edge because it more easily allows typing accented letters in uppercase, but on the other hand it doesn't let me type the € sign, so...
Actually, I switch between three layouts on my machine (the third one is for my mother tongue), and I also use AltGr for typographic characters.
The clever thing is how some international keyboard layouts use it like some kind of "second shift" for typing character with accents/decorations: like AltGr+a => "ă", AltGr+q => "â", AltGr+s => "ș" etc. ...but not even these keyboard layouts are popular, and usually marked as "alternative" or "programmers' layout for language XYZ", because people are stupid and refuse to learn how to use this and prefer instead a funky layout national language keyboard instead of an US English keyboard with an AltGr that would just solve 99% of special characters problems.
If all the keyboards in the world would just be US English Standard keyboards with an AltGr (most US English keyboards I've seen do have an AltGr!), all latin-alphabet languages with special characters would be easy to type, we polyglots could easily use the same keyboard for typing in multiple languages without having to remember what keys' positions have radically changed on each layout... but people are stupid and refuse to learn even simple key combinations.
Oh, and somebody should shoot the British (and French) for adding that annoying extra key to the right of the left Shift that I always have to disable (and making the Shift much smaller), and for creating extra confusion by branding them as "british international" or "us english business" keyboards.
However, I discovered that Alt + Control = AltGr when I needed to use it at work[1], so it's simply a shortcut, I think.
[1]: We have (I recently switched to an UK keyboard, because it suits me better) keyboards at work, because the Croatian (all slavic languages, to be honest) is horrendously counterproductive for programming. Google the layout, and you'll realise why. An example: You need to press AltGr+B for `{` (if I remember correctly).
What happened was that the Ctrl key became synonymous with "command" after Teletype, so it became more about doing something. Think about Ctrl-x, Ctrl-c, and Ctrl-v as an example, but you still see some relics like Ctrl-d as End of Transmission (EOT) to close a shell or terminal. Alt is like a shift, but it is actually closer to the Fn key on most laptop keyboards. It was an alternative function of that particular key, so where the shift key provided you with an alternate case, Alt was more akin to an entirely different key... it isn't Alt plus an 'a' key, it is Alt-a.
AltGr was like another Alt key. It was originally there to allow you to enter an alternate glyph, especially line drawing characters available in extended ASCII, B0-DF. I thought it was a mapping closer to flipping the most significant bit to 1, but it doesn't exactly overlay the lower ASCII range, so that might be another change that evolved on the way to the modern keyboard.
To your original point, Microsoft Windows will now usually treat the chord Ctrl-Alt as AltGr. I don't know if that is with all layouts, or just those keyboards that lack AltGr. I find that most Linux distributions tend to follow Microsoft's lead and provide similar mappings but now they even repurposed the Win key as Meta or sometimes called Super. So it is likely that Ctrl-Alt is commonly the equivalent of AltGr.
For the propose of this discussion, I think it'd be better if Ctrl could be used to type these text separators, but the way modern operating systems map their modern keyboards, it might be difficult to ever reach consensus on how this should be done.
The meaning of the key's abbreviation is not explicitly given in many IBM PC compatible technical reference manuals. However, IBM states that AltGr is an abbreviation for alternate graphic, and Sun keyboards label the key as Alt Graph.
Apparently, AltGr was originally introduced as a means to produce box-drawing characters, also known as pseudographics, in text user interfaces. These characters are, however, much less useful in graphical user interfaces, and rather than alternate graphic the key is today used to produce alternate graphemes.
Again, if they'd caught on you'd imagine there would be some eventual convention in text-editors for what keybind would be used to enter them. Too bad the AltGr key (intended for entering rarely-used glyphs) doesn't appear on pure-English keyboards.