INIT to DZD Converter and calculator


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Conversion rates
Convert INIT to DZD
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INIT to DZD chart
INIT to DZD conversion data: Volatility and price changes of Initia in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 92.03 DZD | 117.96 DZD | 127.29 DZD | 127.29 DZD |
Low | 74.6 DZD | 74.6 DZD | 74.6 DZD | 74.6 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -10.86% | -29.07% | -1.10% | -3.88% |
Initia information
INIT to DZD market statistics
Current INIT to DZD exchange rate
Initia to Algerian Dinar is falling this week.More info about Initia 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 INIT to DZD



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INIT to DZD Conversion tables
Amount | 01:26 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 INIT | د.ج40.08 | د.ج44.96 | -10.86% |
1 INIT | د.ج80.15 | د.ج89.91 | -10.86% |
5 INIT | د.ج400.77 | د.ج449.57 | -10.86% |
10 INIT | د.ج801.53 | د.ج899.14 | -10.86% |
50 INIT | د.ج4,007.67 | د.ج4,495.71 | -10.86% |
100 INIT | د.ج8,015.35 | د.ج8,991.42 | -10.86% |
500 INIT | د.ج40,076.73 | د.ج44,957.11 | -10.86% |
1000 INIT | د.ج80,153.45 | د.ج89,914.22 | -10.86% |
INIT to DZD FAQ
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