


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.
1INCH to DZD conversion rate trend
1INCH to DZD market statistics
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Current 1INCH to DZD exchange rate
1inch Network to Algerian Dinar is rising this week.1INCH to DZD Conversion tables
The exchange rate of 1inch Network is decreasing.1INCH to DZD
DZD to 1INCH
1INCH to DZD Today vs. 24 hours ago
Amount | 10:57 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 1INCH | د.ج14.09 | د.ج14.08 | +0.05% |
1 1INCH | د.ج28.18 | د.ج28.16 | +0.05% |
5 1INCH | د.ج140.9 | د.ج140.82 | +0.05% |
10 1INCH | د.ج281.79 | د.ج281.65 | +0.05% |
50 1INCH | د.ج1,408.97 | د.ج1,408.24 | +0.05% |
100 1INCH | د.ج2,817.94 | د.ج2,816.48 | +0.05% |
500 1INCH | د.ج14,089.7 | د.ج14,082.4 | +0.05% |
1000 1INCH | د.ج28,179.41 | د.ج28,164.8 | +0.05% |
1INCH to DZD Today vs. 1 month ago
Amount | 10:57 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 1INCH | د.ج14.09 | د.ج18.17 | -22.45% |
1 1INCH | د.ج28.18 | د.ج36.34 | -22.45% |
5 1INCH | د.ج140.9 | د.ج181.69 | -22.45% |
10 1INCH | د.ج281.79 | د.ج363.38 | -22.45% |
50 1INCH | د.ج1,408.97 | د.ج1,816.89 | -22.45% |
100 1INCH | د.ج2,817.94 | د.ج3,633.79 | -22.45% |
500 1INCH | د.ج14,089.7 | د.ج18,168.94 | -22.45% |
1000 1INCH | د.ج28,179.41 | د.ج36,337.88 | -22.45% |
1INCH to DZD Today vs. 1 year ago
Amount | 10:57 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 1INCH | د.ج14.09 | د.ج36.79 | -61.70% |
1 1INCH | د.ج28.18 | د.ج73.59 | -61.70% |
5 1INCH | د.ج140.9 | د.ج367.94 | -61.70% |
10 1INCH | د.ج281.79 | د.ج735.88 | -61.70% |
50 1INCH | د.ج1,408.97 | د.ج3,679.39 | -61.70% |
100 1INCH | د.ج2,817.94 | د.ج7,358.79 | -61.70% |
500 1INCH | د.ج14,089.7 | د.ج36,793.94 | -61.70% |
1000 1INCH | د.ج28,179.41 | د.ج73,587.89 | -61.70% |
How to convert 1INCH to DZD



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