


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.
NMT to DZD conversion rate trend
NMT to DZD market statistics
More info about NetMind Token on Bitget
Current NMT to DZD exchange rate
NetMind Token to Algerian Dinar is falling this week.NMT to DZD Conversion tables
The exchange rate of NetMind Token is decreasing.NMT to DZD
DZD to NMT
NMT to DZD Today vs. 24 hours ago
Amount | 21:05 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 NMT | د.ج85.15 | د.ج85.35 | -0.23% |
1 NMT | د.ج170.3 | د.ج170.69 | -0.23% |
5 NMT | د.ج851.52 | د.ج853.47 | -0.23% |
10 NMT | د.ج1,703.05 | د.ج1,706.94 | -0.23% |
50 NMT | د.ج8,515.23 | د.ج8,534.69 | -0.23% |
100 NMT | د.ج17,030.47 | د.ج17,069.38 | -0.23% |
500 NMT | د.ج85,152.33 | د.ج85,346.92 | -0.23% |
1000 NMT | د.ج170,304.65 | د.ج170,693.83 | -0.23% |
NMT to DZD Today vs. 1 month ago
Amount | 21:05 today | 1 month ago | 1M change |
---|---|---|---|
0.5 NMT | د.ج85.15 | د.ج142.03 | -40.06% |
1 NMT | د.ج170.3 | د.ج284.05 | -40.06% |
5 NMT | د.ج851.52 | د.ج1,420.26 | -40.06% |
10 NMT | د.ج1,703.05 | د.ج2,840.52 | -40.06% |
50 NMT | د.ج8,515.23 | د.ج14,202.61 | -40.06% |
100 NMT | د.ج17,030.47 | د.ج28,405.22 | -40.06% |
500 NMT | د.ج85,152.33 | د.ج142,026.12 | -40.06% |
1000 NMT | د.ج170,304.65 | د.ج284,052.25 | -40.06% |
NMT to DZD Today vs. 1 year ago
Amount | 21:05 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 NMT | د.ج85.15 | د.ج428.32 | -80.13% |
1 NMT | د.ج170.3 | د.ج856.64 | -80.13% |
5 NMT | د.ج851.52 | د.ج4,283.2 | -80.13% |
10 NMT | د.ج1,703.05 | د.ج8,566.41 | -80.13% |
50 NMT | د.ج8,515.23 | د.ج42,832.05 | -80.13% |
100 NMT | د.ج17,030.47 | د.ج85,664.1 | -80.13% |
500 NMT | د.ج85,152.33 | د.ج428,320.48 | -80.13% |
1000 NMT | د.ج170,304.65 | د.ج856,640.96 | -80.13% |
How to convert NMT to DZD



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