DIP to DZD Converter and calculator


Conversion rates
Convert DIP to DZD
Convert DZD to DIP
DIP to DZD chart
DIP to DZD conversion data: Volatility and price changes of Buy the DIP in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.06218 DZD | 0.06747 DZD | 0.07983 DZD | 0.09247 DZD |
Low | 0.05603 DZD | 0.05603 DZD | 0.05603 DZD | 0.05374 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -9.60% | -13.43% | -20.41% | -14.36% |
Buy the DIP information
DIP to DZD market statistics
Current DIP to DZD exchange rate
Buy the DIP to Algerian Dinar is falling this week.More info about Buy the DIP 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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DIP to DZD Conversion tables
Amount | 20:37 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DIP | د.ج0.02810 | د.ج0.03109 | -9.60% |
1 DIP | د.ج0.05620 | د.ج0.06217 | -9.60% |
5 DIP | د.ج0.2810 | د.ج0.3109 | -9.60% |
10 DIP | د.ج0.5620 | د.ج0.6217 | -9.60% |
50 DIP | د.ج2.81 | د.ج3.11 | -9.60% |
100 DIP | د.ج5.62 | د.ج6.22 | -9.60% |
500 DIP | د.ج28.1 | د.ج31.09 | -9.60% |
1000 DIP | د.ج56.2 | د.ج62.17 | -9.60% |
DIP to DZD FAQ
What factors influence the conversion rate of DIP to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Buy the DIP in the US is $0.0004314 USD. Additionally, Buy the DIP’s price is €0.0003743 EUR in the eurozone, £0.0003206 GBP in the UK, C$0.0005924 CAD in Canada, ₹0.03736 INR in India, ₨0.1225 PKR in Pakistan, R$0.002378 BRL in Brazil, and more.
The most popular Buy the DIP currency pair is the DIP to Algerian Dinar(DZD). The price of 1 Buy the DIP (DIP) in Algerian Dinar (DZD) is د.ج0.05620.
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