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DGMV
DGMV
swap
DZD
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calculator.fiat.title

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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calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
د.ج0.3525
0.0200% / 0.0320%vip-iconcalculator.compare.vip
coin.update_time(UTC+0)

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$0
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$0
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0 DGMV

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0.5 DGMV
د.ج0.1762
1 DGMV
د.ج0.3525
5 DGMV
د.ج1.76
10 DGMV
د.ج3.52
50 DGMV
د.ج17.62
100 DGMV
د.ج35.25
500 DGMV
د.ج176.24
1000 DGMV
د.ج352.49

coin.current_to_local

coin.amountcalculator.detail.time_
0.5DZD1.42  DGMV
1DZD2.84  DGMV
5DZD14.18  DGMV
10DZD28.37  DGMV
50DZD141.85  DGMV
100DZD283.7  DGMV
500DZD1,418.49  DGMV
1000DZD2,836.97  DGMV

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coin.amountcalculator.detail.time_calculator.detail.price_24_agocalculator.detail.price_24_change
0.5 DGMV$0.001321$0.001318
+0.31%
1 DGMV$0.002642$0.002635
+0.31%
5 DGMV$0.01321$0.01318
+0.31%
10 DGMV$0.02642$0.02635
+0.31%
50 DGMV$0.1321$0.1318
+0.31%
100 DGMV$0.2642$0.2635
+0.31%
500 DGMV$1.32$1.32
+0.31%
1000 DGMV$2.64$2.64
+0.31%

calculator.detail.price_month

coin.amountcalculator.detail.time_calculator.detail.price_month_agocalculator.detail.price_month_change
0.5 DGMV$0.001321$0.001679
-25.09%
1 DGMV$0.002642$0.003357
-25.09%
5 DGMV$0.01321$0.01679
-25.09%
10 DGMV$0.02642$0.03357
-25.09%
50 DGMV$0.1321$0.1679
-25.09%
100 DGMV$0.2642$0.3357
-25.09%
500 DGMV$1.32$1.68
-25.09%
1000 DGMV$2.64$3.36
-25.09%

calculator.detail.price_year

coin.amountcalculator.detail.time_calculator.detail.price_year_agocalculator.detail.price_year_change
0.5 DGMV$0.001321$0.005568
-79.90%
1 DGMV$0.002642$0.01114
-79.90%
5 DGMV$0.01321$0.05568
-79.90%
10 DGMV$0.02642$0.1114
-79.90%
50 DGMV$0.1321$0.5568
-79.90%
100 DGMV$0.2642$1.11
-79.90%
500 DGMV$1.32$5.57
-79.90%
1000 DGMV$2.64$11.14
-79.90%

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