GVC to DZD Converter and calculator


Conversion rates
Convert GVC to DZD
Convert DZD to GVC
GVC to DZD chart
GVC to DZD conversion data: Volatility and price changes of Global Virtual Coin in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.6506 DZD | 0.9385 DZD | 1.02 DZD | 1.53 DZD |
Low | 0.6388 DZD | 0.6322 DZD | 0.6322 DZD | 0.3480 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -1.26% | -30.21% | -36.62% | -51.96% |
Global Virtual Coin information
GVC to DZD market statistics
Current GVC to DZD exchange rate
Global Virtual Coin to Algerian Dinar is falling this week.More info about Global Virtual Coin 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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GVC to DZD Conversion tables
Amount | 18:31 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 GVC | د.ج0.3206 | د.ج0.3247 | -1.26% |
1 GVC | د.ج0.6412 | د.ج0.6494 | -1.26% |
5 GVC | د.ج3.21 | د.ج3.25 | -1.26% |
10 GVC | د.ج6.41 | د.ج6.49 | -1.26% |
50 GVC | د.ج32.06 | د.ج32.47 | -1.26% |
100 GVC | د.ج64.12 | د.ج64.94 | -1.26% |
500 GVC | د.ج320.61 | د.ج324.7 | -1.26% |
1000 GVC | د.ج641.22 | د.ج649.4 | -1.26% |
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