HERMES to DZD Converter and calculator


Conversion rates
Convert HERMES to DZD
Convert DZD to HERMES
HERMES to DZD chart
HERMES to DZD conversion data: Volatility and price changes of Hermes Protocol in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2227 DZD | 0.3360 DZD | 0.3678 DZD | 0.5113 DZD |
Low | 0.2042 DZD | 0.1774 DZD | 0.1774 DZD | 0.1764 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -2.38% | -40.18% | -8.21% | -27.83% |
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Hermes Protocol information
HERMES to DZD market statistics
Current HERMES to DZD exchange rate
Hermes Protocol to Algerian Dinar is falling this week.More info about Hermes Protocol 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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HERMES to DZD Conversion tables
Amount | 07:55 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 HERMES | د.ج0.1045 | د.ج0.1070 | -2.38% |
1 HERMES | د.ج0.2090 | د.ج0.2141 | -2.38% |
5 HERMES | د.ج1.04 | د.ج1.07 | -2.38% |
10 HERMES | د.ج2.09 | د.ج2.14 | -2.38% |
50 HERMES | د.ج10.45 | د.ج10.7 | -2.38% |
100 HERMES | د.ج20.9 | د.ج21.41 | -2.38% |
500 HERMES | د.ج104.48 | د.ج107.03 | -2.38% |
1000 HERMES | د.ج208.95 | د.ج214.06 | -2.38% |
HERMES to DZD FAQ
What factors influence the conversion rate of HERMES to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Hermes Protocol in the US is $0.001604 USD. Additionally, Hermes Protocol’s price is €0.001386 EUR in the eurozone, £0.001208 GBP in the UK, C$0.002254 CAD in Canada, ₹0.1424 INR in India, ₨0.4544 PKR in Pakistan, R$0.008765 BRL in Brazil, and more.
The most popular Hermes Protocol currency pair is the HERMES to Algerian Dinar(DZD). The price of 1 Hermes Protocol (HERMES) in Algerian Dinar (DZD) is د.ج0.2090.
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