ABX to DZD Converter and calculator


Conversion rates
Convert ABX to DZD
Convert DZD to ABX
ABX to DZD chart
ABX to DZD conversion data: Volatility and price changes of Arbidex in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.06250 DZD | 0.06263 DZD | 0.06529 DZD | 0.06709 DZD |
Low | 0.06107 DZD | 0.05607 DZD | 0.05596 DZD | 0.04029 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +0.19% | +8.28% | -2.12% | +3.63% |
Arbidex information
ABX to DZD market statistics
Current ABX to DZD exchange rate
Arbidex to Algerian Dinar is rising this week.More info about Arbidex 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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ABX to DZD Conversion tables
Amount | 18:01 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ABX | د.ج0.03086 | د.ج0.03080 | +0.19% |
1 ABX | د.ج0.06172 | د.ج0.06161 | +0.19% |
5 ABX | د.ج0.3086 | د.ج0.3080 | +0.19% |
10 ABX | د.ج0.6172 | د.ج0.6161 | +0.19% |
50 ABX | د.ج3.09 | د.ج3.08 | +0.19% |
100 ABX | د.ج6.17 | د.ج6.16 | +0.19% |
500 ABX | د.ج30.86 | د.ج30.8 | +0.19% |
1000 ABX | د.ج61.72 | د.ج61.61 | +0.19% |
ABX to DZD FAQ
What factors influence the conversion rate of ABX to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Arbidex in the US is $0.0004743 USD. Additionally, Arbidex’s price is €0.0004112 EUR in the eurozone, £0.0003514 GBP in the UK, C$0.0006514 CAD in Canada, ₹0.04107 INR in India, ₨0.1345 PKR in Pakistan, R$0.002611 BRL in Brazil, and more.
The most popular Arbidex currency pair is the ABX to Algerian Dinar(DZD). The price of 1 Arbidex (ABX) in Algerian Dinar (DZD) is د.ج0.06172.
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