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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.02%
New listings on Bitget: Pi Network
BTC/USDT$83725.20 (+1.13%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.02%
New listings on Bitget: Pi Network
BTC/USDT$83725.20 (+1.13%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
SOVRN
DZD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of SOVRUN(SOVRN) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 SOVRN at a value of 1 SOVRN for 1.72 DZD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
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.
Bitget crypto-to-fiat exchange data shows that the most popular SOVRUN currency pair is the SOVRN to DZD, with for SOVRUN's currency code being SOVRN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.
SOVRN to DZD conversion rate trend
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In the past 1D, SOVRUN has changed +2.35% to DZD. Based on the trend and price charts, SOVRUN(SOVRN) has changed +2.35% to DZD while Algerian Dinar(DZD) has changed % to SOVRN in the last 24 hours.
SOVRN to DZD market statistics
SOVRN/DZD:
د.ج 1.72
SOVRN 24h volume:
د.ج 19,826,096.93
SOVRN market cap:
د.ج 318,501,668.36
SOVRN circulating supply:
184.65M SOVRN
More info about SOVRUN on Bitget
Current SOVRN to DZD exchange rate
SOVRUN to Algerian Dinar is falling this week.SOVRUN's current market price is د.ج 1.72 per SOVRN, with a total market cap of د.ج 318,501,668.36 DZD based on a circulating supply of 184,651,520 SOVRN. The trading volume of SOVRUN has changed by -20.45% (د.ج -5,098,030.97 DZD) in the last 24 hours. Last trading day, SOVRN's trading volume was د.ج 24,924,127.9.
SOVRN to DZD Conversion tables
The exchange rate of SOVRUN is decreasing.1 SOVRN is currently valued at د.ج 1.72 DZD , which means buying 5 SOVRN will cost د.ج 8.62 DZD . Similarly, د.ج1 DZD can be traded for 0.5798 SOVRN, and د.ج50 DZD can be converted to 28.99 SOVRN, excluding any platform or gas fees.
The exchange rate of 1 SOVRN to Algerian Dinar has changed by -8.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.35%, reaching a high of 1.84 DZD and a low of 1.68 DZD . One month ago, the value of 1 SOVRN was د.ج 2.24 DZD , which represents a -22.93% change from its current value. Over the last year, SOVRUN has changed by , resulting in a change of -80.88% in its value.
-د.ج
7.3DZDSOVRN to DZD
Amount
03:44 am today
0.5 SOVRN
د.ج0.8624
1 SOVRN
د.ج1.72
5 SOVRN
د.ج8.62
10 SOVRN
د.ج17.25
50 SOVRN
د.ج86.24
100 SOVRN
د.ج172.49
500 SOVRN
د.ج862.44
1000 SOVRN
د.ج1,724.88
DZD to SOVRN
Amount03:44 am today
0.5DZD0.2899 SOVRN
1DZD0.5798 SOVRN
5DZD2.9 SOVRN
10DZD5.8 SOVRN
50DZD28.99 SOVRN
100DZD57.98 SOVRN
500DZD289.88 SOVRN
1000DZD579.75 SOVRN
SOVRN to DZD Today vs. 24 hours ago
| Amount | 03:44 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOVRN | د.ج0.8624 | د.ج0.8426 | +2.35% |
| 1 SOVRN | د.ج1.72 | د.ج1.69 | +2.35% |
| 5 SOVRN | د.ج8.62 | د.ج8.43 | +2.35% |
| 10 SOVRN | د.ج17.25 | د.ج16.85 | +2.35% |
| 50 SOVRN | د.ج86.24 | د.ج84.26 | +2.35% |
| 100 SOVRN | د.ج172.49 | د.ج168.52 | +2.35% |
| 500 SOVRN | د.ج862.44 | د.ج842.62 | +2.35% |
| 1000 SOVRN | د.ج1,724.88 | د.ج1,685.24 | +2.35% |
SOVRN to DZD Today vs. 1 month ago
| Amount | 03:44 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOVRN | د.ج0.8624 | د.ج1.12 | -22.93% |
| 1 SOVRN | د.ج1.72 | د.ج2.24 | -22.93% |
| 5 SOVRN | د.ج8.62 | د.ج11.19 | -22.93% |
| 10 SOVRN | د.ج17.25 | د.ج22.38 | -22.93% |
| 50 SOVRN | د.ج86.24 | د.ج111.91 | -22.93% |
| 100 SOVRN | د.ج172.49 | د.ج223.82 | -22.93% |
| 500 SOVRN | د.ج862.44 | د.ج1,119.08 | -22.93% |
| 1000 SOVRN | د.ج1,724.88 | د.ج2,238.16 | -22.93% |
SOVRN to DZD Today vs. 1 year ago
| Amount | 03:44 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOVRN | د.ج0.8624 | د.ج4.51 | -80.88% |
| 1 SOVRN | د.ج1.72 | د.ج9.02 | -80.88% |
| 5 SOVRN | د.ج8.62 | د.ج45.11 | -80.88% |
| 10 SOVRN | د.ج17.25 | د.ج90.21 | -80.88% |
| 50 SOVRN | د.ج86.24 | د.ج451.06 | -80.88% |
| 100 SOVRN | د.ج172.49 | د.ج902.13 | -80.88% |
| 500 SOVRN | د.ج862.44 | د.ج4,510.64 | -80.88% |
| 1000 SOVRN | د.ج1,724.88 | د.ج9,021.29 | -80.88% |
How to convert SOVRN to DZD
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert SOVRN to DZD
Use a variety of payment options to buy SOVRUN on Bitget. We'll show you how.
Buy SOVRN (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading does not currently support direct buying of SOVRN with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy SOVRN with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell SOVRN (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading currently does not support direct selling of SOVRN to DZD. However, you can first exchange SOVRN for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of SOVRN to DZD?
There are many factors that affect the relationship between SOVRUN and Algerian Dinar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of SOVRN/DZD. When there is positive news in the market about the widespread adoption of SOVRN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOVRN/DZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOVRN/DZD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of SOVRN/DZD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of SOVRUN and adjust their investment strategies accordingly in the evolving market.
SOVRUN price prediction
What will the price of SOVRN be in 2026?
Based on SOVRN's historical price performance prediction model, the price of SOVRN is projected to reach $0.01578 in 2026.
What will the price of SOVRN be in 2031?
In 2031, the SOVRN price is expected to change by -3.00%. By the end of 2031, the SOVRN price is projected to reach $0.02397, with a cumulative ROI of +86.70%.
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Popular SOVRUN Converter
Check out these popular currency conversions of SOVRUN to several fiat currencies.
SOVRN to TWD
1 SOVRN to NT$ 0.4296 TWD
SOVRN to CNY
1 SOVRN to ¥ 0.09430 CNY
SOVRN to USD
1 SOVRN to $ 0.01294 USD
SOVRN to DZD
1 SOVRN to د.ج 1.72 DZD
SOVRN to EUR
1 SOVRN to € 0.01181 EUR
SOVRN to CAD
1 SOVRN to $ 0.01842 CAD
SOVRN to KRW
1 SOVRN to ₩ 18.89 KRW
SOVRN to JPY
1 SOVRN to ¥ 1.9 JPY
SOVRN to GBP
1 SOVRN to £ 0.01005 GBP
SOVRN to BRL
1 SOVRN to R$ 0.07561 BRL
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Explore other cryptocurrencies based on your interest in SOVRUN.
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1 ATOM to د.ج 654.64 DZD
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1 USUAL to د.ج 16.48 DZD
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1 BTC to د.ج 11,161,117.53 DZD
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1 ZRO to د.ج 404.61 DZD
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1 VIDT to د.ج 3.41 DZD
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1 AMP to د.ج 0.4921 DZD
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1 BERA to د.ج 769.53 DZD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between SOVRUN and DZD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as SOVRUN and DZD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of SOVRUN in DZD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
