DOM to DZD Converter and calculator


Conversion rates
Convert DOM to DZD
Convert DZD to DOM
DOM to DZD chart
DOM to DZD conversion data: Volatility and price changes of Ancient Kingdom in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0007226 DZD | 0.0008590 DZD | 0.0009273 DZD | 0.001324 DZD |
Low | 0.0006383 DZD | 0.0005828 DZD | 0.0005033 DZD | 0.0005033 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +7.82% | +10.13% | -16.58% | -41.52% |
Ancient Kingdom information
DOM to DZD market statistics
Current DOM to DZD exchange rate
Ancient Kingdom to Algerian Dinar is rising this week.More info about Ancient Kingdom 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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DOM to DZD Conversion tables
Amount | 03:28 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DOM | د.ج0.0003449 | د.ج0.0003200 | +7.82% |
1 DOM | د.ج0.0006898 | د.ج0.0006400 | +7.82% |
5 DOM | د.ج0.003449 | د.ج0.003200 | +7.82% |
10 DOM | د.ج0.006898 | د.ج0.006400 | +7.82% |
50 DOM | د.ج0.03449 | د.ج0.03200 | +7.82% |
100 DOM | د.ج0.06898 | د.ج0.06400 | +7.82% |
500 DOM | د.ج0.3449 | د.ج0.3200 | +7.82% |
1000 DOM | د.ج0.6898 | د.ج0.6400 | +7.82% |
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