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base info Autonolas

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OLAS
OLAS
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DZD
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About Algerian Dinar (DZD)

The Algerian Dinar (DZD), the official currency of Algeria, embodies the country's rich history, cultural heritage, and economic aspirations. It is commonly abbreviated as DZD and represented by the symbol د.ج. Introduced in 1964, two years after Algeria's independence from France, the Dinar is more than just a medium of exchange. It represents Algerias journey through post-colonial recovery, socialist policies, and gradual economic liberalization.

Historical Background

The transition to the Algerian Dinar from the Algerian Franc symbolized a significant break from the colonial past and a step towards economic sovereignty. This change was part of a broader movement to assert national identity and foster economic independence in the newly liberated nation.

Design and Symbolism

The design of the Algerian Dinar reflects the country’s historical and cultural legacy. Banknotes and coins feature prominent figures from Algeria’s past, including ancient heroes and modern leaders. They also showcase landmarks, like the Maqam Echahid monument, and natural wonders, symbolizing Algeria's diverse landscapes from the Mediterranean coast to the Sahara desert. These elements are not just decorative; they are powerful symbols of Algeria’s identity and pride.

Economic Role

The Dinar is central to Algeria’s economy, characterized by its significant oil and gas reserves. The currency facilitates trade in these key sectors, as well as in agriculture, manufacturing, and services. The value and stability of the Dinar are crucial for economic growth, affecting everything from government revenue to the cost of imports.

Monetary Policy and Inflation

Managed by the Bank of Algeria, the country’s central bank, the Dinar’s value is influenced by monetary policies, global oil prices, and foreign exchange reserves. The bank faces the challenge of controlling inflation while maintaining sufficient foreign exchange reserves, critical in an economy heavily reliant on hydrocarbon exports.

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1D7D1M3M1YAll
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Bitgethot-iconcalculator.compare.best
د.ج271.18
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$--
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$--
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-- OLAS

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0.5 OLAS
د.ج137.79
1 OLAS
د.ج275.58
5 OLAS
د.ج1,377.88
10 OLAS
د.ج2,755.75
50 OLAS
د.ج13,778.75
100 OLAS
د.ج27,557.51
500 OLAS
د.ج137,787.54
1000 OLAS
د.ج275,575.08

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coin.amountcalculator.detail.time_
0.5DZD0.001814  OLAS
1DZD0.003629  OLAS
5DZD0.01814  OLAS
10DZD0.03629  OLAS
50DZD0.1814  OLAS
100DZD0.3629  OLAS
500DZD1.81  OLAS
1000DZD3.63  OLAS

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0.5 OLAS$1.03$1.03
-0.05%
1 OLAS$2.07$2.07
-0.05%
5 OLAS$10.34$10.35
-0.05%
10 OLAS$20.69$20.7
-0.05%
50 OLAS$103.45$103.5
-0.05%
100 OLAS$206.9$207
-0.05%
500 OLAS$1,034.5$1,035
-0.05%
1000 OLAS$2,069$2,070
-0.05%

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0.5 OLAS$1.03$1.03
-0.05%
1 OLAS$2.07$2.07
-0.05%
5 OLAS$10.34$10.35
-0.05%
10 OLAS$20.69$20.7
-0.05%
50 OLAS$103.45$103.5
-0.05%
100 OLAS$206.9$207
-0.05%
500 OLAS$1,034.5$1,035
-0.05%
1000 OLAS$2,069$2,070
-0.05%

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0.5 OLAS$1.03$1.25
-17.24%
1 OLAS$2.07$2.5
-17.24%
5 OLAS$10.34$12.5
-17.24%
10 OLAS$20.69$25
-17.24%
50 OLAS$103.45$125
-17.24%
100 OLAS$206.9$250
-17.24%
500 OLAS$1,034.5$1,250
-17.24%
1000 OLAS$2,069$2,500
-17.24%

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