


DZD information
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 Algeria’s 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.
DTX to DZD conversion rate trend
DTX to DZD market statistics
More info about Databroker on Bitget
Current DTX to DZD exchange rate
Databroker to Algerian Dinar is falling this week.DTX to DZD Conversion tables
The exchange rate of Databroker is decreasing.DTX to DZD
DZD to DTX
DTX to DZD Today vs. 24 hours ago
Amount | 17:57 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DTX | د.ج0.1094 | د.ج0.1094 | +0.06% |
1 DTX | د.ج0.2189 | د.ج0.2188 | +0.06% |
5 DTX | د.ج1.09 | د.ج1.09 | +0.06% |
10 DTX | د.ج2.19 | د.ج2.19 | +0.06% |
50 DTX | د.ج10.94 | د.ج10.94 | +0.06% |
100 DTX | د.ج21.89 | د.ج21.88 | +0.06% |
500 DTX | د.ج109.44 | د.ج109.38 | +0.06% |
1000 DTX | د.ج218.89 | د.ج218.77 | +0.06% |
DTX to DZD Today vs. 1 month ago
Amount | 17:57 today | 1 month ago | 1M change |
---|---|---|---|
0.5 DTX | د.ج0.1094 | د.ج0.2990 | -63.38% |
1 DTX | د.ج0.2189 | د.ج0.5980 | -63.38% |
5 DTX | د.ج1.09 | د.ج2.99 | -63.38% |
10 DTX | د.ج2.19 | د.ج5.98 | -63.38% |
50 DTX | د.ج10.94 | د.ج29.9 | -63.38% |
100 DTX | د.ج21.89 | د.ج59.8 | -63.38% |
500 DTX | د.ج109.44 | د.ج298.99 | -63.38% |
1000 DTX | د.ج218.89 | د.ج597.98 | -63.38% |
DTX to DZD Today vs. 1 year ago
Amount | 17:57 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 DTX | د.ج0.1094 | د.ج0.7370 | -85.14% |
1 DTX | د.ج0.2189 | د.ج1.47 | -85.14% |
5 DTX | د.ج1.09 | د.ج7.37 | -85.14% |
10 DTX | د.ج2.19 | د.ج14.74 | -85.14% |
50 DTX | د.ج10.94 | د.ج73.7 | -85.14% |
100 DTX | د.ج21.89 | د.ج147.39 | -85.14% |
500 DTX | د.ج109.44 | د.ج736.96 | -85.14% |
1000 DTX | د.ج218.89 | د.ج1,473.93 | -85.14% |
How to convert DTX to DZD



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