


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.
MSQ to DZD conversion rate trend
MSQ to DZD market statistics
More info about MSQUARE GLOBAL on Bitget
Current MSQ to DZD exchange rate
MSQUARE GLOBAL to Algerian Dinar is falling this week.MSQ to DZD Conversion tables
The exchange rate of MSQUARE GLOBAL is increasing.MSQ to DZD
DZD to MSQ
MSQ to DZD Today vs. 24 hours ago
Amount | 14:07 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MSQ | د.ج899.48 | د.ج913.02 | -1.48% |
1 MSQ | د.ج1,798.96 | د.ج1,826.04 | -1.48% |
5 MSQ | د.ج8,994.78 | د.ج9,130.21 | -1.48% |
10 MSQ | د.ج17,989.56 | د.ج18,260.42 | -1.48% |
50 MSQ | د.ج89,947.81 | د.ج91,302.11 | -1.48% |
100 MSQ | د.ج179,895.62 | د.ج182,604.21 | -1.48% |
500 MSQ | د.ج899,478.12 | د.ج913,021.06 | -1.48% |
1000 MSQ | د.ج1,798,956.25 | د.ج1,826,042.11 | -1.48% |
MSQ to DZD Today vs. 1 month ago
Amount | 14:07 today | 1 month ago | 1M change |
---|---|---|---|
0.5 MSQ | د.ج899.48 | د.ج513.83 | +74.96% |
1 MSQ | د.ج1,798.96 | د.ج1,027.66 | +74.96% |
5 MSQ | د.ج8,994.78 | د.ج5,138.31 | +74.96% |
10 MSQ | د.ج17,989.56 | د.ج10,276.62 | +74.96% |
50 MSQ | د.ج89,947.81 | د.ج51,383.08 | +74.96% |
100 MSQ | د.ج179,895.62 | د.ج102,766.16 | +74.96% |
500 MSQ | د.ج899,478.12 | د.ج513,830.82 | +74.96% |
1000 MSQ | د.ج1,798,956.25 | د.ج1,027,661.64 | +74.96% |
MSQ to DZD Today vs. 1 year ago
Amount | 14:07 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 MSQ | د.ج899.48 | د.ج67.99 | +1212.14% |
1 MSQ | د.ج1,798.96 | د.ج135.97 | +1212.14% |
5 MSQ | د.ج8,994.78 | د.ج679.86 | +1212.14% |
10 MSQ | د.ج17,989.56 | د.ج1,359.73 | +1212.14% |
50 MSQ | د.ج89,947.81 | د.ج6,798.63 | +1212.14% |
100 MSQ | د.ج179,895.62 | د.ج13,597.26 | +1212.14% |
500 MSQ | د.ج899,478.12 | د.ج67,986.28 | +1212.14% |
1000 MSQ | د.ج1,798,956.25 | د.ج135,972.57 | +1212.14% |
How to convert MSQ to DZD



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