


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.
BTY to DZD conversion rate trend
BTY to DZD market statistics
More info about Bityuan on Bitget
Current BTY to DZD exchange rate
Bityuan to Algerian Dinar is falling this week.BTY to DZD Conversion tables
The exchange rate of Bityuan is decreasing.BTY to DZD
DZD to BTY
BTY to DZD Today vs. 24 hours ago
Amount | 10:27 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BTY | د.ج1.71 | د.ج1.69 | +1.28% |
1 BTY | د.ج3.41 | د.ج3.37 | +1.28% |
5 BTY | د.ج17.07 | د.ج16.85 | +1.28% |
10 BTY | د.ج34.13 | د.ج33.7 | +1.28% |
50 BTY | د.ج170.66 | د.ج168.51 | +1.28% |
100 BTY | د.ج341.32 | د.ج337.01 | +1.28% |
500 BTY | د.ج1,706.61 | د.ج1,685.07 | +1.28% |
1000 BTY | د.ج3,413.23 | د.ج3,370.13 | +1.28% |
BTY to DZD Today vs. 1 month ago
Amount | 10:27 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 BTY | د.ج1.71 | د.ج2.52 | -32.36% |
1 BTY | د.ج3.41 | د.ج5.05 | -32.36% |
5 BTY | د.ج17.07 | د.ج25.23 | -32.36% |
10 BTY | د.ج34.13 | د.ج50.46 | -32.36% |
50 BTY | د.ج170.66 | د.ج252.32 | -32.36% |
100 BTY | د.ج341.32 | د.ج504.64 | -32.36% |
500 BTY | د.ج1,706.61 | د.ج2,523.21 | -32.36% |
1000 BTY | د.ج3,413.23 | د.ج5,046.41 | -32.36% |
BTY to DZD Today vs. 1 year ago
Amount | 10:27 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 BTY | د.ج1.71 | د.ج7.87 | -78.31% |
1 BTY | د.ج3.41 | د.ج15.74 | -78.31% |
5 BTY | د.ج17.07 | د.ج78.7 | -78.31% |
10 BTY | د.ج34.13 | د.ج157.39 | -78.31% |
50 BTY | د.ج170.66 | د.ج786.97 | -78.31% |
100 BTY | د.ج341.32 | د.ج1,573.94 | -78.31% |
500 BTY | د.ج1,706.61 | د.ج7,869.72 | -78.31% |
1000 BTY | د.ج3,413.23 | د.ج15,739.44 | -78.31% |
How to convert BTY to DZD



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