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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.87%
BTC/USDT$82899.41 (+0.04%)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 share61.87%
BTC/USDT$82899.41 (+0.04%)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
SQR
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 Magic Square(SQR) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 SQR at a value of 1 SQR for 1.26 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 Magic Square currency pair is the SQR to DZD, with for Magic Square's currency code being SQR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.
SQR to DZD conversion rate trend
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In the past 1D, Magic Square has changed -0.23% to DZD. Based on the trend and price charts, Magic Square(SQR) has changed -0.23% to DZD while Algerian Dinar(DZD) has changed % to SQR in the last 24 hours.
SQR to DZD market statistics
SQR/DZD:
د.ج 1.26
SQR 24h volume:
د.ج 8,233,408.81
SQR market cap:
د.ج 245,464,606.25
SQR circulating supply:
194.90M SQR
More info about Magic Square on Bitget
Current SQR to DZD exchange rate
Magic Square to Algerian Dinar is falling this week.Magic Square's current market price is د.ج 1.26 per SQR, with a total market cap of د.ج 245,464,606.25 DZD based on a circulating supply of 194,896,740 SQR. The trading volume of Magic Square has changed by -0.97% (د.ج -80,402.87 DZD) in the last 24 hours. Last trading day, SQR's trading volume was د.ج 8,313,811.68.
SQR to DZD Conversion tables
The exchange rate of Magic Square is decreasing.1 SQR is currently valued at د.ج 1.26 DZD , which means buying 5 SQR will cost د.ج 6.3 DZD . Similarly, د.ج1 DZD can be traded for 0.7940 SQR, and د.ج50 DZD can be converted to 39.7 SQR, excluding any platform or gas fees.
The exchange rate of 1 SQR to Algerian Dinar has changed by -0.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.23%, reaching a high of 1.28 DZD and a low of 1.22 DZD . One month ago, the value of 1 SQR was د.ج 1.39 DZD , which represents a -9.31% change from its current value. Over the last year, Magic Square has changed by , resulting in a change of -98.21% in its value.
-د.ج
68.99DZDSQR to DZD
Amount
14:23 today
0.5 SQR
د.ج0.6297
1 SQR
د.ج1.26
5 SQR
د.ج6.3
10 SQR
د.ج12.59
50 SQR
د.ج62.97
100 SQR
د.ج125.95
500 SQR
د.ج629.73
1000 SQR
د.ج1,259.46
DZD to SQR
Amount14:23 today
0.5DZD0.3970 SQR
1DZD0.7940 SQR
5DZD3.97 SQR
10DZD7.94 SQR
50DZD39.7 SQR
100DZD79.4 SQR
500DZD397 SQR
1000DZD793.99 SQR
SQR to DZD Today vs. 24 hours ago
| Amount | 14:23 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SQR | د.ج0.6297 | د.ج0.6312 | -0.23% |
| 1 SQR | د.ج1.26 | د.ج1.26 | -0.23% |
| 5 SQR | د.ج6.3 | د.ج6.31 | -0.23% |
| 10 SQR | د.ج12.59 | د.ج12.62 | -0.23% |
| 50 SQR | د.ج62.97 | د.ج63.12 | -0.23% |
| 100 SQR | د.ج125.95 | د.ج126.24 | -0.23% |
| 500 SQR | د.ج629.73 | د.ج631.19 | -0.23% |
| 1000 SQR | د.ج1,259.46 | د.ج1,262.38 | -0.23% |
SQR to DZD Today vs. 1 month ago
| Amount | 14:23 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SQR | د.ج0.6297 | د.ج0.6944 | -9.31% |
| 1 SQR | د.ج1.26 | د.ج1.39 | -9.31% |
| 5 SQR | د.ج6.3 | د.ج6.94 | -9.31% |
| 10 SQR | د.ج12.59 | د.ج13.89 | -9.31% |
| 50 SQR | د.ج62.97 | د.ج69.44 | -9.31% |
| 100 SQR | د.ج125.95 | د.ج138.87 | -9.31% |
| 500 SQR | د.ج629.73 | د.ج694.37 | -9.31% |
| 1000 SQR | د.ج1,259.46 | د.ج1,388.74 | -9.31% |
SQR to DZD Today vs. 1 year ago
| Amount | 14:23 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SQR | د.ج0.6297 | د.ج35.13 | -98.21% |
| 1 SQR | د.ج1.26 | د.ج70.25 | -98.21% |
| 5 SQR | د.ج6.3 | د.ج351.27 | -98.21% |
| 10 SQR | د.ج12.59 | د.ج702.54 | -98.21% |
| 50 SQR | د.ج62.97 | د.ج3,512.7 | -98.21% |
| 100 SQR | د.ج125.95 | د.ج7,025.41 | -98.21% |
| 500 SQR | د.ج629.73 | د.ج35,127.04 | -98.21% |
| 1000 SQR | د.ج1,259.46 | د.ج70,254.09 | -98.21% |
How to convert SQR to DZD
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Convert SQR to DZD
Use a variety of payment options to buy Magic Square on Bitget. We'll show you how.
Buy SQR (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading does not currently support direct buying of SQR with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy SQR 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 SQR (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading currently does not support direct selling of SQR to DZD. However, you can first exchange SQR 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 SQR to DZD?
There are many factors that affect the relationship between Magic Square 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 SQR/DZD. When there is positive news in the market about the widespread adoption of SQR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SQR/DZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SQR/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 SQR/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 Magic Square and adjust their investment strategies accordingly in the evolving market.
Magic Square price prediction
What will the price of SQR be in 2026?
Based on SQR's historical price performance prediction model, the price of SQR is projected to reach $0.01396 in 2026.
What will the price of SQR be in 2031?
In 2031, the SQR price is expected to change by +25.00%. By the end of 2031, the SQR price is projected to reach $0.02670, with a cumulative ROI of +184.98%.
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Popular Magic Square Converter
Check out these popular currency conversions of Magic Square to several fiat currencies.
SQR to TWD
1 SQR to NT$ 0.3136 TWD
SQR to CNY
1 SQR to ¥ 0.06886 CNY
SQR to USD
1 SQR to $ 0.009451 USD
SQR to DZD
1 SQR to د.ج 1.26 DZD
SQR to EUR
1 SQR to € 0.008623 EUR
SQR to CAD
1 SQR to $ 0.01345 CAD
SQR to KRW
1 SQR to ₩ 13.79 KRW
SQR to JPY
1 SQR to ¥ 1.39 JPY
SQR to GBP
1 SQR to £ 0.007334 GBP
SQR to BRL
1 SQR to R$ 0.05522 BRL
Popular cryptocurrencies to DZD
Explore other cryptocurrencies based on your interest in Magic Square.
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1 PI to د.ج 85.53 DZD
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1 FIL to د.ج 359.11 DZD
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1 ATOM to د.ج 654.31 DZD
USUAL to DZD
1 USUAL to د.ج 15.56 DZD
BTC to DZD
1 BTC to د.ج 11,027,635.75 DZD
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1 CRTS to د.ج 0.05019 DZD
ZRO to DZD
1 ZRO to د.ج 403.3 DZD
VIDT to DZD
1 VIDT to د.ج 3.39 DZD
AMP to DZD
1 AMP to د.ج 0.4877 DZD
BERA to DZD
1 BERA to د.ج 750.79 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 Magic Square 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 Magic Square 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 Magic Square 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.
