DZD 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.
CPH to DZD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | د.ج0.6823 | 0.0200% / 0.0320%VIP 7 |
How to buy Cypherium
Buy CPH (or USDT) for DZD (Algerian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
A Achouri Abdelhadi 128 trades|Completion rate 92.00% | 255 DZD | Amount50.3 USDT Limit2550 - 17827.05 DZD | ||
B BGUSER-XCgh7EC5 166 trades|Completion rate 79.00% | 258.4 DZD | Amount9.25 USDT Limit1147 - 3930.26 DZD | ||
V Vi_crypto 18 trades|Completion rate 95.00% | 260 DZD | Amount202.96 USDT Limit1147 - 15000 DZD |
Sell CPH (or USDT) for DZD (Algerian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
F Fast_Buy_Sell 2 trades|Completion rate 33.00% | 387.46 DZD | Amount1000 USDT Limit1147 - 389660 DZD | ||
A Achouri Abdelhadi 128 trades|Completion rate 92.00% | 252 DZD | Amount30 USDT Limit1147 - 7560 DZD | ||
B BGUSER-XCgh7EC5 166 trades|Completion rate 79.00% | 245.35 DZD | Amount9252.36 USDT Limit1147 - 246300 DZD | ||
b bigbosspeertopeer 25 trades|Completion rate 93.00% | 245.02 DZD | Amount200 USDT Limit1147 - 5000 DZD | ||
A Abdessamed _bz 4 trades|Completion rate 67.00% | 245 DZD | Amount1085.98 USDT Limit2500 - 50000 DZD |
What factors influence the conversion rate of Cypherium to Algerian Dinar?
Cypherium to Algerian Dinar is rising this week.Conversion tables
The exchange rate of Cypherium is decreasing.CPH to DZD
DZD to CPH
Today vs. 24 hours ago
Amount | 01:39 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CPH | $0.002511 | $0.002554 | -1.71% |
1 CPH | $0.005022 | $0.005109 | -1.71% |
5 CPH | $0.02511 | $0.02554 | -1.71% |
10 CPH | $0.05022 | $0.05109 | -1.71% |
50 CPH | $0.2511 | $0.2554 | -1.71% |
100 CPH | $0.5022 | $0.5109 | -1.71% |
500 CPH | $2.51 | $2.55 | -1.71% |
1000 CPH | $5.02 | $5.11 | -1.71% |
Today vs. 1 month ago
Amount | 01:39 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 CPH | $0.002511 | $0.003308 | -24.10% |
1 CPH | $0.005022 | $0.006616 | -24.10% |
5 CPH | $0.02511 | $0.03308 | -24.10% |
10 CPH | $0.05022 | $0.06616 | -24.10% |
50 CPH | $0.2511 | $0.3308 | -24.10% |
100 CPH | $0.5022 | $0.6616 | -24.10% |
500 CPH | $2.51 | $3.31 | -24.10% |
1000 CPH | $5.02 | $6.62 | -24.10% |
Today vs. 1 year ago
Amount | 01:39 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 CPH | $0.002511 | $0.007544 | -66.72% |
1 CPH | $0.005022 | $0.01509 | -66.72% |
5 CPH | $0.02511 | $0.07544 | -66.72% |
10 CPH | $0.05022 | $0.1509 | -66.72% |
50 CPH | $0.2511 | $0.7544 | -66.72% |
100 CPH | $0.5022 | $1.51 | -66.72% |
500 CPH | $2.51 | $7.54 | -66.72% |
1000 CPH | $5.02 | $15.09 | -66.72% |
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