


NAD 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.
KATA to NAD conversion rate trend
KATA to NAD market statistics
More info about Katana Inu on Bitget
Current KATA to NAD exchange rate
Katana Inu to Algerian Dinar is falling this week.KATA to NAD Conversion tables
The exchange rate of Katana Inu is decreasing.KATA to NAD
NAD to KATA
KATA to NAD Today vs. 24 hours ago
Amount | 09:37 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 KATA | N$0.001496 | N$0.001588 | -5.84% |
1 KATA | N$0.002991 | N$0.003177 | -5.84% |
5 KATA | N$0.01496 | N$0.01588 | -5.84% |
10 KATA | N$0.02991 | N$0.03177 | -5.84% |
50 KATA | N$0.1496 | N$0.1588 | -5.84% |
100 KATA | N$0.2991 | N$0.3177 | -5.84% |
500 KATA | N$1.5 | N$1.59 | -5.84% |
1000 KATA | N$2.99 | N$3.18 | -5.84% |
KATA to NAD Today vs. 1 month ago
Amount | 09:37 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 KATA | N$0.001496 | N$0.001803 | -17.04% |
1 KATA | N$0.002991 | N$0.003606 | -17.04% |
5 KATA | N$0.01496 | N$0.01803 | -17.04% |
10 KATA | N$0.02991 | N$0.03606 | -17.04% |
50 KATA | N$0.1496 | N$0.1803 | -17.04% |
100 KATA | N$0.2991 | N$0.3606 | -17.04% |
500 KATA | N$1.5 | N$1.8 | -17.04% |
1000 KATA | N$2.99 | N$3.61 | -17.04% |
KATA to NAD Today vs. 1 year ago
Amount | 09:37 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 KATA | N$0.001496 | N$0.01521 | -90.16% |
1 KATA | N$0.002991 | N$0.03041 | -90.16% |
5 KATA | N$0.01496 | N$0.1521 | -90.16% |
10 KATA | N$0.02991 | N$0.3041 | -90.16% |
50 KATA | N$0.1496 | N$1.52 | -90.16% |
100 KATA | N$0.2991 | N$3.04 | -90.16% |
500 KATA | N$1.5 | N$15.21 | -90.16% |
1000 KATA | N$2.99 | N$30.41 | -90.16% |
How to convert KATA to NAD



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