SORA to DZD Converter and calculator


Conversion rates
Convert SORA to DZD
Convert DZD to SORA
SORA to DZD chart
SORA to DZD conversion data: Volatility and price changes of Sora in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.4574 DZD | 0.4960 DZD | 0.4960 DZD | 0.4960 DZD |
Low | 0.3372 DZD | 0.2034 DZD | 0.2034 DZD | 0.1301 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -2.03% | +61.04% | +50.13% | +149.96% |
Sora information
SORA to DZD market statistics
Current SORA to DZD exchange rate
Sora to Algerian Dinar is rising this week.More info about Sora 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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SORA to DZD Conversion tables
Amount | 10:55 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SORA | د.ج0.1954 | د.ج0.1994 | -2.03% |
1 SORA | د.ج0.3908 | د.ج0.3988 | -2.03% |
5 SORA | د.ج1.95 | د.ج1.99 | -2.03% |
10 SORA | د.ج3.91 | د.ج3.99 | -2.03% |
50 SORA | د.ج19.54 | د.ج19.94 | -2.03% |
100 SORA | د.ج39.08 | د.ج39.88 | -2.03% |
500 SORA | د.ج195.38 | د.ج199.42 | -2.03% |
1000 SORA | د.ج390.75 | د.ج398.84 | -2.03% |
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