


AED 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.
HYDRA to AED conversion rate trend
HYDRA to AED market statistics
More info about Hydra on Bitget
Current HYDRA to AED exchange rate
Hydra to Algerian Dinar is rising this week.HYDRA to AED Conversion tables
The exchange rate of Hydra is decreasing.HYDRA to AED
AED to HYDRA
HYDRA to AED Today vs. 24 hours ago
Amount | 08:21 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 HYDRA | د.إ0.3810 | د.إ0.3738 | +1.92% |
1 HYDRA | د.إ0.7620 | د.إ0.7477 | +1.92% |
5 HYDRA | د.إ3.81 | د.إ3.74 | +1.92% |
10 HYDRA | د.إ7.62 | د.إ7.48 | +1.92% |
50 HYDRA | د.إ38.1 | د.إ37.38 | +1.92% |
100 HYDRA | د.إ76.2 | د.إ74.77 | +1.92% |
500 HYDRA | د.إ381 | د.إ373.84 | +1.92% |
1000 HYDRA | د.إ762.01 | د.إ747.67 | +1.92% |
HYDRA to AED Today vs. 1 month ago
Amount | 08:21 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 HYDRA | د.إ0.3810 | د.إ0.3977 | -4.21% |
1 HYDRA | د.إ0.7620 | د.إ0.7955 | -4.21% |
5 HYDRA | د.إ3.81 | د.إ3.98 | -4.21% |
10 HYDRA | د.إ7.62 | د.إ7.95 | -4.21% |
50 HYDRA | د.إ38.1 | د.إ39.77 | -4.21% |
100 HYDRA | د.إ76.2 | د.إ79.55 | -4.21% |
500 HYDRA | د.إ381 | د.إ397.74 | -4.21% |
1000 HYDRA | د.إ762.01 | د.إ795.47 | -4.21% |
HYDRA to AED Today vs. 1 year ago
Amount | 08:21 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 HYDRA | د.إ0.3810 | د.إ1.3 | -70.61% |
1 HYDRA | د.إ0.7620 | د.إ2.59 | -70.61% |
5 HYDRA | د.إ3.81 | د.إ12.96 | -70.61% |
10 HYDRA | د.إ7.62 | د.إ25.93 | -70.61% |
50 HYDRA | د.إ38.1 | د.إ129.64 | -70.61% |
100 HYDRA | د.إ76.2 | د.إ259.27 | -70.61% |
500 HYDRA | د.إ381 | د.إ1,296.37 | -70.61% |
1000 HYDRA | د.إ762.01 | د.إ2,592.74 | -70.61% |
How to convert HYDRA to AED



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