ADAO to DZD Converter and calculator


Conversion rates
Convert ADAO to DZD
Convert DZD to ADAO
ADAO to DZD chart
ADAO to DZD conversion data: Volatility and price changes of Adadao in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.08825 DZD | 0.08825 DZD | 0.08988 DZD | 0.1230 DZD |
Low | 0.08611 DZD | 0.08433 DZD | 0.07953 DZD | 0.07953 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +0.83% | +4.19% | -3.18% | -27.88% |
Adadao information
ADAO to DZD market statistics
Current ADAO to DZD exchange rate
Adadao to Algerian Dinar is rising this week.More info about Adadao 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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ADAO to DZD Conversion tables
Amount | 13:24 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ADAO | د.ج0.04363 | د.ج0.04327 | +0.83% |
1 ADAO | د.ج0.08726 | د.ج0.08654 | +0.83% |
5 ADAO | د.ج0.4363 | د.ج0.4327 | +0.83% |
10 ADAO | د.ج0.8726 | د.ج0.8654 | +0.83% |
50 ADAO | د.ج4.36 | د.ج4.33 | +0.83% |
100 ADAO | د.ج8.73 | د.ج8.65 | +0.83% |
500 ADAO | د.ج43.63 | د.ج43.27 | +0.83% |
1000 ADAO | د.ج87.26 | د.ج86.54 | +0.83% |
ADAO to DZD FAQ
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