


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.
KOL to DZD conversion rate trend
KOL to DZD market statistics
More info about KeyOfLife Multichain Store Of Value on Bitget
Current KOL to DZD exchange rate
KeyOfLife Multichain Store Of Value to Algerian Dinar is rising this week.KOL to DZD Conversion tables
The exchange rate of KeyOfLife Multichain Store Of Value is decreasing.KOL to DZD
DZD to KOL
KOL to DZD Today vs. 24 hours ago
Amount | 08:20 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 KOL | د.ج30 | د.ج32.05 | -6.40% |
1 KOL | د.ج60 | د.ج64.1 | -6.40% |
5 KOL | د.ج299.98 | د.ج320.5 | -6.40% |
10 KOL | د.ج599.97 | د.ج641.01 | -6.40% |
50 KOL | د.ج2,999.84 | د.ج3,205.04 | -6.40% |
100 KOL | د.ج5,999.68 | د.ج6,410.08 | -6.40% |
500 KOL | د.ج29,998.39 | د.ج32,050.39 | -6.40% |
1000 KOL | د.ج59,996.78 | د.ج64,100.77 | -6.40% |
KOL to DZD Today vs. 1 month ago
Amount | 08:20 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 KOL | د.ج30 | د.ج47.66 | -37.05% |
1 KOL | د.ج60 | د.ج95.32 | -37.05% |
5 KOL | د.ج299.98 | د.ج476.58 | -37.05% |
10 KOL | د.ج599.97 | د.ج953.15 | -37.05% |
50 KOL | د.ج2,999.84 | د.ج4,765.76 | -37.05% |
100 KOL | د.ج5,999.68 | د.ج9,531.51 | -37.05% |
500 KOL | د.ج29,998.39 | د.ج47,657.56 | -37.05% |
1000 KOL | د.ج59,996.78 | د.ج95,315.11 | -37.05% |
KOL to DZD Today vs. 1 year ago
Amount | 08:20 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 KOL | د.ج30 | د.ج80.1 | -62.55% |
1 KOL | د.ج60 | د.ج160.21 | -62.55% |
5 KOL | د.ج299.98 | د.ج801.04 | -62.55% |
10 KOL | د.ج599.97 | د.ج1,602.08 | -62.55% |
50 KOL | د.ج2,999.84 | د.ج8,010.4 | -62.55% |
100 KOL | د.ج5,999.68 | د.ج16,020.8 | -62.55% |
500 KOL | د.ج29,998.39 | د.ج80,104.02 | -62.55% |
1000 KOL | د.ج59,996.78 | د.ج160,208.04 | -62.55% |
How to convert KOL to DZD



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