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base info Idavoll DAO

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IDV
IDV
swap
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.ج0.01778
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Gate.io
د.ج0.01903
0.1000% / 0.1000%
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$131.95K
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$40.45041486
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924.28M IDV

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0.5 IDV
د.ج0.009510
1 IDV
د.ج0.01902
5 IDV
د.ج0.09510
10 IDV
د.ج0.1902
50 IDV
د.ج0.9510
100 IDV
د.ج1.9
500 IDV
د.ج9.51
1000 IDV
د.ج19.02

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coin.amountcalculator.detail.time_
0.5DZD26.29  IDV
1DZD52.58  IDV
5DZD262.88  IDV
10DZD525.76  IDV
50DZD2,628.82  IDV
100DZD5,257.65  IDV
500DZD26,288.23  IDV
1000DZD52,576.46  IDV

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0.5 IDV$0.{4}7138$0.{4}7109
+0.40%
1 IDV$0.0001428$0.0001422
+0.40%
5 IDV$0.0007138$0.0007109
+0.40%
10 IDV$0.001428$0.001422
+0.40%
50 IDV$0.007138$0.007109
+0.40%
100 IDV$0.01428$0.01422
+0.40%
500 IDV$0.07138$0.07109
+0.40%
1000 IDV$0.1428$0.1422
+0.40%

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0.5 IDV$0.{4}7138$0.{4}7319
-2.47%
1 IDV$0.0001428$0.0001464
-2.47%
5 IDV$0.0007138$0.0007319
-2.47%
10 IDV$0.001428$0.001464
-2.47%
50 IDV$0.007138$0.007319
-2.47%
100 IDV$0.01428$0.01464
-2.47%
500 IDV$0.07138$0.07319
-2.47%
1000 IDV$0.1428$0.1464
-2.47%

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0.5 IDV$0.{4}7138$0.0005666
-87.40%
1 IDV$0.0001428$0.001133
-87.40%
5 IDV$0.0007138$0.005666
-87.40%
10 IDV$0.001428$0.01133
-87.40%
50 IDV$0.007138$0.05666
-87.40%
100 IDV$0.01428$0.1133
-87.40%
500 IDV$0.07138$0.5666
-87.40%
1000 IDV$0.1428$1.13
-87.40%

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