


QAR 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.
WFTM to QAR conversion rate trend
WFTM to QAR market statistics
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Current WFTM to QAR exchange rate
Wrapped Fantom to Algerian Dinar is falling this week.WFTM to QAR Conversion tables
The exchange rate of Wrapped Fantom is decreasing.WFTM to QAR
QAR to WFTM
WFTM to QAR Today vs. 24 hours ago
Amount | 16:45 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 WFTM | ر.ق0.8428 | ر.ق0.8376 | +0.52% |
1 WFTM | ر.ق1.69 | ر.ق1.68 | +0.52% |
5 WFTM | ر.ق8.43 | ر.ق8.38 | +0.52% |
10 WFTM | ر.ق16.86 | ر.ق16.75 | +0.52% |
50 WFTM | ر.ق84.28 | ر.ق83.76 | +0.52% |
100 WFTM | ر.ق168.55 | ر.ق167.51 | +0.52% |
500 WFTM | ر.ق842.76 | ر.ق837.55 | +0.52% |
1000 WFTM | ر.ق1,685.52 | ر.ق1,675.11 | +0.52% |
WFTM to QAR Today vs. 1 month ago
Amount | 16:45 today | 1 month ago | 1M change |
---|---|---|---|
0.5 WFTM | ر.ق0.8428 | ر.ق1.48 | -38.82% |
1 WFTM | ر.ق1.69 | ر.ق2.96 | -38.82% |
5 WFTM | ر.ق8.43 | ر.ق14.78 | -38.82% |
10 WFTM | ر.ق16.86 | ر.ق29.56 | -38.82% |
50 WFTM | ر.ق84.28 | ر.ق147.82 | -38.82% |
100 WFTM | ر.ق168.55 | ر.ق295.63 | -38.82% |
500 WFTM | ر.ق842.76 | ر.ق1,478.15 | -38.82% |
1000 WFTM | ر.ق1,685.52 | ر.ق2,956.3 | -38.82% |
WFTM to QAR Today vs. 1 year ago
Amount | 16:45 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 WFTM | ر.ق0.8428 | ر.ق0.3802 | +85.82% |
1 WFTM | ر.ق1.69 | ر.ق0.7604 | +85.82% |
5 WFTM | ر.ق8.43 | ر.ق3.8 | +85.82% |
10 WFTM | ر.ق16.86 | ر.ق7.6 | +85.82% |
50 WFTM | ر.ق84.28 | ر.ق38.02 | +85.82% |
100 WFTM | ر.ق168.55 | ر.ق76.04 | +85.82% |
500 WFTM | ر.ق842.76 | ر.ق380.21 | +85.82% |
1000 WFTM | ر.ق1,685.52 | ر.ق760.42 | +85.82% |
How to convert WFTM to QAR



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