OTX to DZD Converter and calculator


Conversion rates
Convert OTX to DZD
Convert DZD to OTX
OTX to DZD chart
OTX to DZD conversion data: Volatility and price changes of Open Trade Exchange in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.02592 DZD | 0.02592 DZD | 0.02981 DZD | 0.06666 DZD |
Low | 0.02592 DZD | 0.02368 DZD | 0.02328 DZD | 0.01635 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -0.00% | +8.80% | -0.35% | -7.44% |
Open Trade Exchange information
OTX to DZD market statistics
Current OTX to DZD exchange rate
Open Trade Exchange to Algerian Dinar is rising this week.More info about Open Trade Exchange 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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How to convert OTX to DZD



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OTX to DZD Conversion tables
Amount | 16:38 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 OTX | د.ج0 | د.ج0 | -0.00% |
1 OTX | د.ج0 | د.ج0 | -0.00% |
5 OTX | د.ج0 | د.ج0 | -0.00% |
10 OTX | د.ج0 | د.ج0 | -0.00% |
50 OTX | د.ج0 | د.ج0 | -0.00% |
100 OTX | د.ج0 | د.ج0 | -0.00% |
500 OTX | د.ج0 | د.ج0 | -0.00% |
1000 OTX | د.ج0 | د.ج0 | -0.00% |
OTX to DZD FAQ
What factors influence the conversion rate of OTX to DZD?
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