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.
DONK to DZD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | د.ج0.2739 | 0.0200% / 0.0320%VIP 7 |
How to buy Donkey
Buy DONK (or USDT) for DZD (Algerian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
n nitou 21 trades|Completion rate 81.00% | 232 DZD | Amount33.16 USDT Limit5800 - 7600 DZD | ||
n nitou 21 trades|Completion rate 81.00% | 233 DZD | Amount6 USDT Limit1000 - 41940 DZD | ||
B BGUSER-MMEJ2HNV 16 trades|Completion rate 80.00% | 250 DZD | Amount582.78 USDT Limit1000 - 150195 DZD |
Sell DONK (or USDT) for DZD (Algerian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
A Ali__31 4 trades|Completion rate 50.00% | 230 DZD | Amount450 USDT Limit60000 - 103162.5 DZD | ||
A ABDESLEM ARK 0 trades|Completion rate 0.00% | 229.3 DZD | Amount850 USDT Limit15000 - 194760.5 DZD | ||
R RedEyes_Crypto 3 trades|Completion rate 75.00% | 229 DZD | Amount486.8 USDT Limit2500 - 100000 DZD | ||
B BGUSER-LYD23WLW 5 trades|Completion rate 100.00% | 229 DZD | Amount1000 USDT Limit10000 - 22600 DZD | ||
T Timou_Crypto 66 trades|Completion rate 89.00% | 228.8 DZD | Amount1830.17 USDT Limit1000 - 200000 DZD |
What factors influence the conversion rate of Donkey to Algerian Dinar?
Donkey to Algerian Dinar is falling this week.Conversion tables
The exchange rate of Donkey is increasing.DONK to DZD
DZD to DONK
Today vs. 24 hours ago
Amount | 00:37 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DONK | $0.001021 | $0.001251 | -11.02% |
1 DONK | $0.002043 | $0.002503 | -11.02% |
5 DONK | $0.01021 | $0.01251 | -11.02% |
10 DONK | $0.02043 | $0.02503 | -11.02% |
50 DONK | $0.1021 | $0.1251 | -11.02% |
100 DONK | $0.2043 | $0.2503 | -11.02% |
500 DONK | $1.02 | $1.25 | -11.02% |
1000 DONK | $2.04 | $2.5 | -11.02% |
Today vs. 1 month ago
Amount | 00:37 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 DONK | $0.001021 | $-0.{4}2445 | +128.93% |
1 DONK | $0.002043 | $-0.{4}4891 | +128.93% |
5 DONK | $0.01021 | $-0.0002445 | +128.93% |
10 DONK | $0.02043 | $-0.0004891 | +128.93% |
50 DONK | $0.1021 | $-0.002445 | +128.93% |
100 DONK | $0.2043 | $-0.004891 | +128.93% |
500 DONK | $1.02 | $-0.02445 | +128.93% |
1000 DONK | $2.04 | $-0.04891 | +128.93% |
Today vs. 1 year ago
Amount | 00:37 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 DONK | $0.001021 | $-0.0008357 | 0.00% |
1 DONK | $0.002043 | $-0.001671 | 0.00% |
5 DONK | $0.01021 | $-0.008357 | 0.00% |
10 DONK | $0.02043 | $-0.01671 | 0.00% |
50 DONK | $0.1021 | $-0.08357 | 0.00% |
100 DONK | $0.2043 | $-0.1671 | 0.00% |
500 DONK | $1.02 | $-0.8357 | 0.00% |
1000 DONK | $2.04 | $-1.6713 | 0.00% |
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