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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.46%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$84208.16 (-0.20%)Fear and Greed Index30(Fear)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketNIL,PAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.46%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$84208.16 (-0.20%)Fear and Greed Index30(Fear)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketNIL,PAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
BYN
DZD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of NBX(BYN) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 BYN at a value of 1 BYN for 0.06 DZD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
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.
Bitget crypto-to-fiat exchange data shows that the most popular NBX currency pair is the BYN to DZD, with for NBX's currency code being BYN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.
BYN to DZD conversion rate trend
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In the past 1D, NBX has changed +0.97% to DZD. Based on the trend and price charts, NBX(BYN) has changed +0.97% to DZD while Algerian Dinar(DZD) has changed % to BYN in the last 24 hours.
BYN to DZD market statistics
BYN/DZD:
د.ج 0.05871
BYN 24h volume:
د.ج 22,991,989.79
BYN market cap:
د.ج 520,378.57
BYN circulating supply:
8.86M BYN
More info about NBX on Bitget
Current BYN to DZD exchange rate
NBX to Algerian Dinar is falling this week.NBX's current market price is د.ج 0.05871 per BYN, with a total market cap of د.ج 520,378.57 DZD based on a circulating supply of 8,863,175 BYN. The trading volume of NBX has changed by +6.26% (د.ج 1,354,262.1 DZD) in the last 24 hours. Last trading day, BYN's trading volume was د.ج 21,637,727.69.
BYN to DZD Conversion tables
The exchange rate of NBX is decreasing.1 BYN is currently valued at د.ج 0.05871 DZD , which means buying 5 BYN will cost د.ج 0.2936 DZD . Similarly, د.ج1 DZD can be traded for 17.03 BYN, and د.ج50 DZD can be converted to 851.61 BYN, excluding any platform or gas fees.
The exchange rate of 1 BYN to Algerian Dinar has changed by -7.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.97%, reaching a high of 0.05881 DZD and a low of 0.05762 DZD . One month ago, the value of 1 BYN was د.ج 0.06644 DZD , which represents a -11.63% change from its current value. Over the last year, NBX has changed by , resulting in a change of -93.29% in its value.
-د.ج
0.8162DZDBYN to DZD
Amount
06:06 am today
0.5 BYN
د.ج0.02936
1 BYN
د.ج0.05871
5 BYN
د.ج0.2936
10 BYN
د.ج0.5871
50 BYN
د.ج2.94
100 BYN
د.ج5.87
500 BYN
د.ج29.36
1000 BYN
د.ج58.71
DZD to BYN
Amount06:06 am today
0.5DZD8.52 BYN
1DZD17.03 BYN
5DZD85.16 BYN
10DZD170.32 BYN
50DZD851.61 BYN
100DZD1,703.22 BYN
500DZD8,516.08 BYN
1000DZD17,032.17 BYN
BYN to DZD Today vs. 24 hours ago
| Amount | 06:06 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BYN | د.ج0.02936 | د.ج0.02907 | +0.97% |
| 1 BYN | د.ج0.05871 | د.ج0.05815 | +0.97% |
| 5 BYN | د.ج0.2936 | د.ج0.2907 | +0.97% |
| 10 BYN | د.ج0.5871 | د.ج0.5815 | +0.97% |
| 50 BYN | د.ج2.94 | د.ج2.91 | +0.97% |
| 100 BYN | د.ج5.87 | د.ج5.81 | +0.97% |
| 500 BYN | د.ج29.36 | د.ج29.07 | +0.97% |
| 1000 BYN | د.ج58.71 | د.ج58.15 | +0.97% |
BYN to DZD Today vs. 1 month ago
| Amount | 06:06 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BYN | د.ج0.02936 | د.ج0.03322 | -11.63% |
| 1 BYN | د.ج0.05871 | د.ج0.06644 | -11.63% |
| 5 BYN | د.ج0.2936 | د.ج0.3322 | -11.63% |
| 10 BYN | د.ج0.5871 | د.ج0.6644 | -11.63% |
| 50 BYN | د.ج2.94 | د.ج3.32 | -11.63% |
| 100 BYN | د.ج5.87 | د.ج6.64 | -11.63% |
| 500 BYN | د.ج29.36 | د.ج33.22 | -11.63% |
| 1000 BYN | د.ج58.71 | د.ج66.44 | -11.63% |
BYN to DZD Today vs. 1 year ago
| Amount | 06:06 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BYN | د.ج0.02936 | د.ج0.4374 | -93.29% |
| 1 BYN | د.ج0.05871 | د.ج0.8749 | -93.29% |
| 5 BYN | د.ج0.2936 | د.ج4.37 | -93.29% |
| 10 BYN | د.ج0.5871 | د.ج8.75 | -93.29% |
| 50 BYN | د.ج2.94 | د.ج43.74 | -93.29% |
| 100 BYN | د.ج5.87 | د.ج87.49 | -93.29% |
| 500 BYN | د.ج29.36 | د.ج437.45 | -93.29% |
| 1000 BYN | د.ج58.71 | د.ج874.89 | -93.29% |
How to convert BYN to DZD
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert BYN to DZD
Use a variety of payment options to buy NBX on Bitget. We'll show you how.
Buy BYN (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading does not currently support direct buying of BYN with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy BYN with USDT via Bitget spot market.
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Sell BYN (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading currently does not support direct selling of BYN to DZD. However, you can first exchange BYN for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of BYN to DZD?
There are many factors that affect the relationship between NBX and Algerian Dinar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of BYN/DZD. When there is positive news in the market about the widespread adoption of BYN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BYN/DZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BYN/DZD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of BYN/DZD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of NBX and adjust their investment strategies accordingly in the evolving market.
NBX price prediction
What will the price of BYN be in 2026?
Based on BYN's historical price performance prediction model, the price of BYN is projected to reach $0.0004952 in 2026.
What will the price of BYN be in 2031?
In 2031, the BYN price is expected to change by +35.00%. By the end of 2031, the BYN price is projected to reach $0.0008343, with a cumulative ROI of +89.95%.
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Popular NBX Converter
Check out these popular currency conversions of NBX to several fiat currencies.
BYN to TWD
1 BYN to NT$ 0.01447 TWD
BYN to CNY
1 BYN to ¥ 0.003181 CNY
BYN to USD
1 BYN to $ 0.0004386 USD
BYN to DZD
1 BYN to د.ج 0.05871 DZD
BYN to AUD
1 BYN to $ 0.0006992 AUD
BYN to EUR
1 BYN to € 0.0004033 EUR
BYN to CAD
1 BYN to $ 0.0006326 CAD
BYN to KRW
1 BYN to ₩ 0.6429 KRW
BYN to JPY
1 BYN to ¥ 0.06550 JPY
BYN to GBP
1 BYN to £ 0.0003395 GBP
BYN to BRL
1 BYN to R$ 0.002515 BRL
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1 AUCTION to د.ج 3,271.74 DZD
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1 CYBER to د.ج 205.62 DZD
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1 ARPA to د.ج 3.98 DZD
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1 NPC to د.ج 1.39 DZD
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1 CHEEMS to د.ج 0.0001975 DZD
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1 DEXE to د.ج 2,324.76 DZD
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1 MATH to د.ج 19.29 DZD
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1 MBOX to د.ج 11.44 DZD
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1 RIO to د.ج 29.66 DZD
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1 WMTX to د.ج 25.38 DZD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between NBX and DZD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as NBX and DZD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of NBX in DZD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
