MTLX to DZD Converter and calculator


Conversion rates
Convert MTLX to DZD
Convert DZD to MTLX
MTLX to DZD chart
MTLX to DZD conversion data: Volatility and price changes of Mettalex in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 325.79 DZD | 325.79 DZD | 149,956.95 DZD | 149,956.95 DZD |
Low | 308.74 DZD | 261.68 DZD | 211.93 DZD | 151.86 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +0.94% | +12.29% | +45.60% | -13.86% |
Mettalex information
MTLX to DZD market statistics
Current MTLX to DZD exchange rate
Mettalex to Algerian Dinar is rising this week.More info about Mettalex 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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MTLX to DZD Conversion tables
Amount | 00:27 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MTLX | د.ج156.18 | د.ج154.74 | +0.94% |
1 MTLX | د.ج312.37 | د.ج309.47 | +0.94% |
5 MTLX | د.ج1,561.84 | د.ج1,547.37 | +0.94% |
10 MTLX | د.ج3,123.69 | د.ج3,094.73 | +0.94% |
50 MTLX | د.ج15,618.45 | د.ج15,473.67 | +0.94% |
100 MTLX | د.ج31,236.89 | د.ج30,947.34 | +0.94% |
500 MTLX | د.ج156,184.47 | د.ج154,736.68 | +0.94% |
1000 MTLX | د.ج312,368.94 | د.ج309,473.36 | +0.94% |
MTLX to DZD FAQ
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