FCL to DZD Converter and calculator


Conversion rates
Convert FCL to DZD
Convert DZD to FCL
FCL to DZD chart
FCL to DZD conversion data: Volatility and price changes of Fractal ID in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.6322 DZD | 0.6322 DZD | 0.8618 DZD | 0.9280 DZD |
Low | 0.6226 DZD | 0.5507 DZD | 0.4685 DZD | 0.1946 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +1.54% | +11.58% | -31.88% | +9.38% |
Fractal ID information
FCL to DZD market statistics
Current FCL to DZD exchange rate
Fractal ID to Algerian Dinar is rising this week.More info about Fractal ID on Bitget
Algerian Dinar 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.
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FCL to DZD Conversion tables
Amount | 03:43 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 FCL | د.ج0.3161 | د.ج0.3113 | +1.54% |
1 FCL | د.ج0.6322 | د.ج0.6226 | +1.54% |
5 FCL | د.ج3.16 | د.ج3.11 | +1.54% |
10 FCL | د.ج6.32 | د.ج6.23 | +1.54% |
50 FCL | د.ج31.61 | د.ج31.13 | +1.54% |
100 FCL | د.ج63.22 | د.ج62.26 | +1.54% |
500 FCL | د.ج316.09 | د.ج311.31 | +1.54% |
1000 FCL | د.ج632.19 | د.ج622.61 | +1.54% |
FCL to DZD FAQ
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