LAI to DZD Converter and calculator


Conversion rates
Convert LAI to DZD
Convert DZD to LAI
LAI to DZD chart
LAI to DZD conversion data: Volatility and price changes of LayerAI in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2176 DZD | 0.2255 DZD | 0.4064 DZD | 1.21 DZD |
Low | 0.1936 DZD | 0.1711 DZD | 0.1577 DZD | 0.1577 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -6.70% | +6.03% | -51.45% | -83.69% |
LayerAI information
LAI to DZD market statistics
Current LAI to DZD exchange rate
LayerAI to Algerian Dinar is rising this week.More info about LayerAI 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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LAI to DZD Conversion tables
Amount | 21:56 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LAI | د.ج0.09714 | د.ج0.1041 | -6.70% |
1 LAI | د.ج0.1943 | د.ج0.2083 | -6.70% |
5 LAI | د.ج0.9714 | د.ج1.04 | -6.70% |
10 LAI | د.ج1.94 | د.ج2.08 | -6.70% |
50 LAI | د.ج9.71 | د.ج10.41 | -6.70% |
100 LAI | د.ج19.43 | د.ج20.83 | -6.70% |
500 LAI | د.ج97.14 | د.ج104.13 | -6.70% |
1000 LAI | د.ج194.27 | د.ج208.27 | -6.70% |
LAI to DZD FAQ
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