ABEL to DZD Converter and calculator


Conversion rates
Convert ABEL to DZD
Convert DZD to ABEL
ABEL to DZD chart
ABEL to DZD conversion data: Volatility and price changes of Abel finance in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.5933 DZD | 0.5974 DZD | 0.6022 DZD | 0.7622 DZD |
Low | 0.5882 DZD | 0.5880 DZD | 0.5874 DZD | 0.5874 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -0.05% | -0.02% | +0.02% | -21.20% |
Abel finance information
ABEL to DZD market statistics
Current ABEL to DZD exchange rate
Abel finance to Algerian Dinar is falling this week.More info about Abel finance 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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ABEL to DZD Conversion tables
Amount | 08:41 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ABEL | د.ج0.2942 | د.ج0.2944 | -0.05% |
1 ABEL | د.ج0.5884 | د.ج0.5888 | -0.05% |
5 ABEL | د.ج2.94 | د.ج2.94 | -0.05% |
10 ABEL | د.ج5.88 | د.ج5.89 | -0.05% |
50 ABEL | د.ج29.42 | د.ج29.44 | -0.05% |
100 ABEL | د.ج58.84 | د.ج58.88 | -0.05% |
500 ABEL | د.ج294.22 | د.ج294.38 | -0.05% |
1000 ABEL | د.ج588.44 | د.ج588.76 | -0.05% |
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