


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.
GZIL to DZD conversion rate trend
GZIL to DZD market statistics
More info about governance ZIL on Bitget
Current GZIL to DZD exchange rate
governance ZIL to Algerian Dinar is rising this week.GZIL to DZD Conversion tables
The exchange rate of governance ZIL is decreasing.GZIL to DZD
DZD to GZIL
GZIL to DZD Today vs. 24 hours ago
Amount | 04:35 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 GZIL | د.ج219.23 | د.ج219.1 | +0.06% |
1 GZIL | د.ج438.47 | د.ج438.2 | +0.06% |
5 GZIL | د.ج2,192.34 | د.ج2,190.99 | +0.06% |
10 GZIL | د.ج4,384.69 | د.ج4,381.98 | +0.06% |
50 GZIL | د.ج21,923.44 | د.ج21,909.92 | +0.06% |
100 GZIL | د.ج43,846.87 | د.ج43,819.84 | +0.06% |
500 GZIL | د.ج219,234.37 | د.ج219,099.19 | +0.06% |
1000 GZIL | د.ج438,468.73 | د.ج438,198.37 | +0.06% |
GZIL to DZD Today vs. 1 month ago
Amount | 04:35 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 GZIL | د.ج219.23 | د.ج242.4 | -9.56% |
1 GZIL | د.ج438.47 | د.ج484.8 | -9.56% |
5 GZIL | د.ج2,192.34 | د.ج2,424 | -9.56% |
10 GZIL | د.ج4,384.69 | د.ج4,847.99 | -9.56% |
50 GZIL | د.ج21,923.44 | د.ج24,239.97 | -9.56% |
100 GZIL | د.ج43,846.87 | د.ج48,479.95 | -9.56% |
500 GZIL | د.ج219,234.37 | د.ج242,399.74 | -9.56% |
1000 GZIL | د.ج438,468.73 | د.ج484,799.48 | -9.56% |
GZIL to DZD Today vs. 1 year ago
Amount | 04:35 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 GZIL | د.ج219.23 | د.ج485.08 | -54.80% |
1 GZIL | د.ج438.47 | د.ج970.15 | -54.80% |
5 GZIL | د.ج2,192.34 | د.ج4,850.75 | -54.80% |
10 GZIL | د.ج4,384.69 | د.ج9,701.5 | -54.80% |
50 GZIL | د.ج21,923.44 | د.ج48,507.51 | -54.80% |
100 GZIL | د.ج43,846.87 | د.ج97,015.02 | -54.80% |
500 GZIL | د.ج219,234.37 | د.ج485,075.09 | -54.80% |
1000 GZIL | د.ج438,468.73 | د.ج970,150.17 | -54.80% |
How to convert GZIL to DZD



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