CBK to DZD Converter and calculator


Conversion rates
Convert CBK to DZD
Convert DZD to CBK
CBK to DZD chart
CBK to DZD conversion data: Volatility and price changes of Cobak Token in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 63.62 DZD | 69.66 DZD | 78.76 DZD | 87.74 DZD |
Low | 61.96 DZD | 60.36 DZD | 60.36 DZD | 54.97 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +0.78% | -2.08% | -12.58% | -10.75% |
Cobak Token information
CBK to DZD market statistics
Current CBK to DZD exchange rate
Cobak Token to Algerian Dinar is falling this week.More info about Cobak Token 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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CBK to DZD Conversion tables
Amount | 00:25 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CBK | د.ج31.3 | د.ج31.06 | +0.78% |
1 CBK | د.ج62.61 | د.ج62.13 | +0.78% |
5 CBK | د.ج313.05 | د.ج310.63 | +0.78% |
10 CBK | د.ج626.09 | د.ج621.26 | +0.78% |
50 CBK | د.ج3,130.47 | د.ج3,106.3 | +0.78% |
100 CBK | د.ج6,260.94 | د.ج6,212.61 | +0.78% |
500 CBK | د.ج31,304.69 | د.ج31,063.04 | +0.78% |
1000 CBK | د.ج62,609.38 | د.ج62,126.08 | +0.78% |
CBK to DZD FAQ
What factors influence the conversion rate of CBK to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Cobak Token in the US is $0.4811 USD. Additionally, Cobak Token’s price is €0.4166 EUR in the eurozone, £0.3547 GBP in the UK, C$0.6539 CAD in Canada, ₹41.44 INR in India, ₨136.14 PKR in Pakistan, R$2.67 BRL in Brazil, and more.
The most popular Cobak Token currency pair is the CBK to Algerian Dinar(DZD). The price of 1 Cobak Token (CBK) in Algerian Dinar (DZD) is د.ج62.61.
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