POLK to DZD Converter and calculator


Conversion rates
Convert POLK to DZD
Convert DZD to POLK
POLK to DZD chart
POLK to DZD conversion data: Volatility and price changes of Polkamarkets in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 1.08 DZD | 1.17 DZD | 1.18 DZD | 1.92 DZD |
Low | 0.8783 DZD | 0.7877 DZD | 0.7448 DZD | 0.7448 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +3.16% | +29.70% | +1.81% | -47.21% |
Polkamarkets information
POLK to DZD market statistics
Current POLK to DZD exchange rate
Polkamarkets to Algerian Dinar is rising this week.More info about Polkamarkets 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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POLK to DZD Conversion tables
Amount | 09:18 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 POLK | د.ج0.4922 | د.ج0.4770 | +3.16% |
1 POLK | د.ج0.9844 | د.ج0.9540 | +3.16% |
5 POLK | د.ج4.92 | د.ج4.77 | +3.16% |
10 POLK | د.ج9.84 | د.ج9.54 | +3.16% |
50 POLK | د.ج49.22 | د.ج47.7 | +3.16% |
100 POLK | د.ج98.44 | د.ج95.4 | +3.16% |
500 POLK | د.ج492.2 | د.ج476.98 | +3.16% |
1000 POLK | د.ج984.41 | د.ج953.96 | +3.16% |
POLK to DZD FAQ
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