$mfer to DZD Converter and calculator


Conversion rates
Convert $mfer to DZD
Convert DZD to $mfer
$mfer to DZD chart
$mfer to DZD conversion data: Volatility and price changes of mfercoin in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 1.16 DZD | 1.46 DZD | 1.46 DZD | 1.65 DZD |
Low | 1.04 DZD | 1.04 DZD | 0.9632 DZD | 0.7674 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -7.92% | -13.76% | -8.08% | -31.97% |
mfercoin information
$mfer to DZD market statistics
Current $mfer to DZD exchange rate
mfercoin to Algerian Dinar is falling this week.More info about mfercoin 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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How to convert $mfer to DZD



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$mfer to DZD Conversion tables
Amount | 13:27 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 $mfer | د.ج0.5312 | د.ج0.5768 | -7.92% |
1 $mfer | د.ج1.06 | د.ج1.15 | -7.92% |
5 $mfer | د.ج5.31 | د.ج5.77 | -7.92% |
10 $mfer | د.ج10.62 | د.ج11.54 | -7.92% |
50 $mfer | د.ج53.12 | د.ج57.68 | -7.92% |
100 $mfer | د.ج106.23 | د.ج115.37 | -7.92% |
500 $mfer | د.ج531.17 | د.ج576.84 | -7.92% |
1000 $mfer | د.ج1,062.33 | د.ج1,153.68 | -7.92% |
$mfer to DZD FAQ
What factors influence the conversion rate of $mfer to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of mfercoin in the US is $0.008155 USD. Additionally, mfercoin’s price is €0.007076 EUR in the eurozone, £0.006060 GBP in the UK, C$0.01120 CAD in Canada, ₹0.7062 INR in India, ₨2.32 PKR in Pakistan, R$0.04496 BRL in Brazil, and more.
The most popular mfercoin currency pair is the $mfer to Algerian Dinar(DZD). The price of 1 mfercoin ($mfer) in Algerian Dinar (DZD) is د.ج1.06.
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