PRQ to DZD Converter and calculator


Conversion rates
Convert PRQ to DZD
Convert DZD to PRQ
PRQ to DZD chart
PRQ to DZD conversion data: Volatility and price changes of PARSIQ in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 3.06 DZD | 3.59 DZD | 5.31 DZD | 14.41 DZD |
Low | 2.17 DZD | 2.11 DZD | 1.8 DZD | 1.8 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +1.92% | +10.49% | -39.97% | -75.82% |
PARSIQ information
PRQ to DZD market statistics
Current PRQ to DZD exchange rate
PARSIQ to Algerian Dinar is rising this week.More info about PARSIQ 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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PRQ to DZD Conversion tables
Amount | 06:03 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 PRQ | د.ج1.4 | د.ج1.37 | +1.92% |
1 PRQ | د.ج2.8 | د.ج2.75 | +1.92% |
5 PRQ | د.ج14.01 | د.ج13.75 | +1.92% |
10 PRQ | د.ج28.03 | د.ج27.5 | +1.92% |
50 PRQ | د.ج140.13 | د.ج137.49 | +1.92% |
100 PRQ | د.ج280.26 | د.ج274.97 | +1.92% |
500 PRQ | د.ج1,401.29 | د.ج1,374.86 | +1.92% |
1000 PRQ | د.ج2,802.57 | د.ج2,749.73 | +1.92% |
PRQ to DZD FAQ
What factors influence the conversion rate of PRQ to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of PARSIQ in the US is $0.02148 USD. Additionally, PARSIQ’s price is €0.01875 EUR in the eurozone, £0.01603 GBP in the UK, C$0.02946 CAD in Canada, ₹1.86 INR in India, ₨6.09 PKR in Pakistan, R$0.1178 BRL in Brazil, and more.
The most popular PARSIQ currency pair is the PRQ to Algerian Dinar(DZD). The price of 1 PARSIQ (PRQ) in Algerian Dinar (DZD) is د.ج2.8.
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