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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.49%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$83911.91 (-0.54%)Fear and Greed Index31(Fear)
Total spot Bitcoin ETF netflow +$165.7M (1D); +$480.1M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome 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 share60.49%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$83911.91 (-0.54%)Fear and Greed Index31(Fear)
Total spot Bitcoin ETF netflow +$165.7M (1D); +$480.1M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
OCTA
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 OctaSpace(OCTA) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 OCTA at a value of 1 OCTA for 49.52 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 OctaSpace currency pair is the OCTA to DZD, with for OctaSpace's currency code being OCTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.
OCTA to DZD conversion rate trend
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In the past 1D, OctaSpace has changed +5.50% to DZD. Based on the trend and price charts, OctaSpace(OCTA) has changed +5.50% to DZD while Algerian Dinar(DZD) has changed % to OCTA in the last 24 hours.
OCTA to DZD market statistics
OCTA/DZD:
د.ج 49.52
OCTA 24h volume:
د.ج 89,537,105.71
OCTA market cap:
د.ج 1,763,122,721.7
OCTA circulating supply:
35.61M OCTA
More info about OctaSpace on Bitget
Current OCTA to DZD exchange rate
OctaSpace to Algerian Dinar is falling this week.OctaSpace's current market price is د.ج 49.52 per OCTA, with a total market cap of د.ج 1,763,122,721.7 DZD based on a circulating supply of 35,606,296 OCTA. The trading volume of OctaSpace has changed by +101.24% (د.ج 45,043,810.62 DZD) in the last 24 hours. Last trading day, OCTA's trading volume was د.ج 44,493,295.08.
OCTA to DZD Conversion tables
The exchange rate of OctaSpace is decreasing.1 OCTA is currently valued at د.ج 49.52 DZD , which means buying 5 OCTA will cost د.ج 247.59 DZD . Similarly, د.ج1 DZD can be traded for 0.02020 OCTA, and د.ج50 DZD can be converted to 1.01 OCTA, excluding any platform or gas fees.
The exchange rate of 1 OCTA to Algerian Dinar has changed by -8.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.50%, reaching a high of 51.03 DZD and a low of 44.39 DZD . One month ago, the value of 1 OCTA was د.ج 80.14 DZD , which represents a -38.22% change from its current value. Over the last year, OctaSpace has changed by , resulting in a change of -70.24% in its value.
-د.ج
116.9DZDOCTA to DZD
Amount
19:49 today
0.5 OCTA
د.ج24.76
1 OCTA
د.ج49.52
5 OCTA
د.ج247.59
10 OCTA
د.ج495.17
50 OCTA
د.ج2,475.86
100 OCTA
د.ج4,951.72
500 OCTA
د.ج24,758.58
1000 OCTA
د.ج49,517.16
DZD to OCTA
Amount19:49 today
0.5DZD0.01010 OCTA
1DZD0.02020 OCTA
5DZD0.1010 OCTA
10DZD0.2020 OCTA
50DZD1.01 OCTA
100DZD2.02 OCTA
500DZD10.1 OCTA
1000DZD20.2 OCTA
OCTA to DZD Today vs. 24 hours ago
| Amount | 19:49 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OCTA | د.ج24.76 | د.ج23.47 | +5.50% |
| 1 OCTA | د.ج49.52 | د.ج46.94 | +5.50% |
| 5 OCTA | د.ج247.59 | د.ج234.68 | +5.50% |
| 10 OCTA | د.ج495.17 | د.ج469.36 | +5.50% |
| 50 OCTA | د.ج2,475.86 | د.ج2,346.82 | +5.50% |
| 100 OCTA | د.ج4,951.72 | د.ج4,693.63 | +5.50% |
| 500 OCTA | د.ج24,758.58 | د.ج23,468.17 | +5.50% |
| 1000 OCTA | د.ج49,517.16 | د.ج46,936.35 | +5.50% |
OCTA to DZD Today vs. 1 month ago
| Amount | 19:49 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OCTA | د.ج24.76 | د.ج40.07 | -38.22% |
| 1 OCTA | د.ج49.52 | د.ج80.14 | -38.22% |
| 5 OCTA | د.ج247.59 | د.ج400.72 | -38.22% |
| 10 OCTA | د.ج495.17 | د.ج801.44 | -38.22% |
| 50 OCTA | د.ج2,475.86 | د.ج4,007.22 | -38.22% |
| 100 OCTA | د.ج4,951.72 | د.ج8,014.44 | -38.22% |
| 500 OCTA | د.ج24,758.58 | د.ج40,072.22 | -38.22% |
| 1000 OCTA | د.ج49,517.16 | د.ج80,144.43 | -38.22% |
OCTA to DZD Today vs. 1 year ago
| Amount | 19:49 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OCTA | د.ج24.76 | د.ج83.21 | -70.24% |
| 1 OCTA | د.ج49.52 | د.ج166.41 | -70.24% |
| 5 OCTA | د.ج247.59 | د.ج832.07 | -70.24% |
| 10 OCTA | د.ج495.17 | د.ج1,664.15 | -70.24% |
| 50 OCTA | د.ج2,475.86 | د.ج8,320.74 | -70.24% |
| 100 OCTA | د.ج4,951.72 | د.ج16,641.48 | -70.24% |
| 500 OCTA | د.ج24,758.58 | د.ج83,207.39 | -70.24% |
| 1000 OCTA | د.ج49,517.16 | د.ج166,414.77 | -70.24% |
How to convert OCTA to DZD
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Convert OCTA to DZD
Use a variety of payment options to buy OctaSpace on Bitget. We'll show you how.
Buy OCTA (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading does not currently support direct buying of OCTA with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy OCTA 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 OCTA (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading currently does not support direct selling of OCTA to DZD. However, you can first exchange OCTA 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 OCTA to DZD?
There are many factors that affect the relationship between OctaSpace 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 OCTA/DZD. When there is positive news in the market about the widespread adoption of OCTA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OCTA/DZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OCTA/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 OCTA/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 OctaSpace and adjust their investment strategies accordingly in the evolving market.
OctaSpace price prediction
What will the price of OCTA be in 2026?
Based on OCTA's historical price performance prediction model, the price of OCTA is projected to reach $0.3934 in 2026.
What will the price of OCTA be in 2031?
In 2031, the OCTA price is expected to change by +3.00%. By the end of 2031, the OCTA price is projected to reach $0.6982, with a cumulative ROI of +98.02%.
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Popular OctaSpace Converter
Check out these popular currency conversions of OctaSpace to several fiat currencies.
OCTA to TWD
1 OCTA to NT$ 12.18 TWD
OCTA to CNY
1 OCTA to ¥ 2.68 CNY
OCTA to USD
1 OCTA to $ 0.3692 USD
OCTA to DZD
1 OCTA to د.ج 49.52 DZD
OCTA to AUD
1 OCTA to $ 0.5884 AUD
OCTA to EUR
1 OCTA to € 0.3413 EUR
OCTA to CAD
1 OCTA to $ 0.5294 CAD
OCTA to KRW
1 OCTA to ₩ 541.12 KRW
OCTA to JPY
1 OCTA to ¥ 55.09 JPY
OCTA to GBP
1 OCTA to £ 0.2857 GBP
OCTA to BRL
1 OCTA to R$ 2.11 BRL
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Explore other cryptocurrencies based on your interest in OctaSpace.
ACH to DZD
1 ACH to د.ج 3.54 DZD
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1 BURGER to د.ج 13.08 DZD
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1 LINA to د.ج 0.1646 DZD
FARM to DZD
1 FARM to د.ج 4,550.79 DZD
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1 SIREN to د.ج 11.52 DZD
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1 BUBB to د.ج 2.95 DZD
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1 AUCTION to د.ج 7,284.6 DZD
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1 DF to د.ج 8.74 DZD
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1 BANANAS31 to د.ج 0.7676 DZD
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1 TORN to د.ج 1,650.04 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 OctaSpace 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 OctaSpace 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 OctaSpace 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.
