LAB to DZD Converter and calculator


Conversion rates
Convert LAB to DZD
Convert DZD to LAB
LAB to DZD chart
LAB to DZD conversion data: Volatility and price changes of The Professor in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.01554 DZD | 0.01989 DZD | 0.01989 DZD | 0.02383 DZD |
Low | 0.01522 DZD | 0.01042 DZD | 0.009706 DZD | 0.007380 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -1.19% | +47.95% | +0.99% | -26.36% |
The Professor information
LAB to DZD market statistics
Current LAB to DZD exchange rate
The Professor to Algerian Dinar is rising this week.More info about The Professor 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 LAB to DZD



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LAB to DZD Conversion tables
Amount | 10:24 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LAB | د.ج0.007634 | د.ج0.007726 | -1.19% |
1 LAB | د.ج0.01527 | د.ج0.01545 | -1.19% |
5 LAB | د.ج0.07634 | د.ج0.07726 | -1.19% |
10 LAB | د.ج0.1527 | د.ج0.1545 | -1.19% |
50 LAB | د.ج0.7634 | د.ج0.7726 | -1.19% |
100 LAB | د.ج1.53 | د.ج1.55 | -1.19% |
500 LAB | د.ج7.63 | د.ج7.73 | -1.19% |
1000 LAB | د.ج15.27 | د.ج15.45 | -1.19% |
LAB to DZD FAQ
What factors influence the conversion rate of LAB to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of The Professor in the US is $0.0001173 USD. Additionally, The Professor’s price is €0.0001016 EUR in the eurozone, £0.{4}8648 GBP in the UK, C$0.0001594 CAD in Canada, ₹0.01010 INR in India, ₨0.03320 PKR in Pakistan, R$0.0006510 BRL in Brazil, and more.
The most popular The Professor currency pair is the LAB to Algerian Dinar(DZD). The price of 1 The Professor (LAB) in Algerian Dinar (DZD) is د.ج0.01527.
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