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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.54%
New listings on Bitget: Pi Network
BTC/USDT$82498.00 (+8.52%)Fear and Greed Index39(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$37.5M (1D); -$572.1M (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 share62.54%
New listings on Bitget: Pi Network
BTC/USDT$82498.00 (+8.52%)Fear and Greed Index39(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$37.5M (1D); -$572.1M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
OCTO
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 OctoFi(OCTO) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 OCTO at a value of 1 OCTO for 28.21 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 OctoFi currency pair is the OCTO to DZD, with for OctoFi's currency code being OCTO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.
OCTO to DZD conversion rate trend
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In the past 1D, OctoFi has changed -36.13% to DZD. Based on the trend and price charts, OctoFi(OCTO) has changed -36.13% to DZD while Algerian Dinar(DZD) has changed % to OCTO in the last 24 hours.
OCTO to DZD market statistics
OCTO/DZD:
د.ج 28.21
OCTO 24h volume:
--
OCTO market cap:
د.ج 22,507,514.99
OCTO circulating supply:
797.95K OCTO
More info about OctoFi on Bitget
Current OCTO to DZD exchange rate
OctoFi to Algerian Dinar is falling this week.OctoFi's current market price is د.ج 28.21 per OCTO, with a total market cap of د.ج 22,507,514.99 DZD based on a circulating supply of 797,953.2 OCTO. The trading volume of OctoFi has changed by 0.00% (د.ج 0 DZD) in the last 24 hours. Last trading day, OCTO's trading volume was د.ج 0.
OCTO to DZD Conversion tables
The exchange rate of OctoFi is decreasing.1 OCTO is currently valued at د.ج 28.21 DZD , which means buying 5 OCTO will cost د.ج 141.03 DZD . Similarly, د.ج1 DZD can be traded for 0.03545 OCTO, and د.ج50 DZD can be converted to 1.77 OCTO, excluding any platform or gas fees.
The exchange rate of 1 OCTO to Algerian Dinar has changed by -36.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by -36.13%, reaching a high of 57.33 DZD and a low of 28.19 DZD . One month ago, the value of 1 OCTO was د.ج 43.53 DZD , which represents a -35.20% change from its current value. Over the last year, OctoFi has changed by , resulting in a change of -50.44% in its value.
-د.ج
28.7DZDOCTO to DZD
Amount
02:26 am today
0.5 OCTO
د.ج14.1
1 OCTO
د.ج28.21
5 OCTO
د.ج141.03
10 OCTO
د.ج282.07
50 OCTO
د.ج1,410.33
100 OCTO
د.ج2,820.66
500 OCTO
د.ج14,103.28
1000 OCTO
د.ج28,206.56
DZD to OCTO
Amount02:26 am today
0.5DZD0.01773 OCTO
1DZD0.03545 OCTO
5DZD0.1773 OCTO
10DZD0.3545 OCTO
50DZD1.77 OCTO
100DZD3.55 OCTO
500DZD17.73 OCTO
1000DZD35.45 OCTO
OCTO to DZD Today vs. 24 hours ago
| Amount | 02:26 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OCTO | د.ج14.1 | د.ج22.08 | -36.13% |
| 1 OCTO | د.ج28.21 | د.ج44.16 | -36.13% |
| 5 OCTO | د.ج141.03 | د.ج220.8 | -36.13% |
| 10 OCTO | د.ج282.07 | د.ج441.59 | -36.13% |
| 50 OCTO | د.ج1,410.33 | د.ج2,207.97 | -36.13% |
| 100 OCTO | د.ج2,820.66 | د.ج4,415.95 | -36.13% |
| 500 OCTO | د.ج14,103.28 | د.ج22,079.73 | -36.13% |
| 1000 OCTO | د.ج28,206.56 | د.ج44,159.46 | -36.13% |
OCTO to DZD Today vs. 1 month ago
| Amount | 02:26 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OCTO | د.ج14.1 | د.ج21.77 | -35.20% |
| 1 OCTO | د.ج28.21 | د.ج43.53 | -35.20% |
| 5 OCTO | د.ج141.03 | د.ج217.66 | -35.20% |
| 10 OCTO | د.ج282.07 | د.ج435.31 | -35.20% |
| 50 OCTO | د.ج1,410.33 | د.ج2,176.57 | -35.20% |
| 100 OCTO | د.ج2,820.66 | د.ج4,353.15 | -35.20% |
| 500 OCTO | د.ج14,103.28 | د.ج21,765.75 | -35.20% |
| 1000 OCTO | د.ج28,206.56 | د.ج43,531.5 | -35.20% |
OCTO to DZD Today vs. 1 year ago
| Amount | 02:26 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OCTO | د.ج14.1 | د.ج28.46 | -50.44% |
| 1 OCTO | د.ج28.21 | د.ج56.91 | -50.44% |
| 5 OCTO | د.ج141.03 | د.ج284.56 | -50.44% |
| 10 OCTO | د.ج282.07 | د.ج569.11 | -50.44% |
| 50 OCTO | د.ج1,410.33 | د.ج2,845.56 | -50.44% |
| 100 OCTO | د.ج2,820.66 | د.ج5,691.12 | -50.44% |
| 500 OCTO | د.ج14,103.28 | د.ج28,455.6 | -50.44% |
| 1000 OCTO | د.ج28,206.56 | د.ج56,911.2 | -50.44% |
How to convert OCTO to DZD
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert OCTO to DZD
Use a variety of payment options to buy OctoFi on Bitget. We'll show you how.
Buy OCTO (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading does not currently support direct buying of OCTO with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy OCTO 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 OCTO (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading currently does not support direct selling of OCTO to DZD. However, you can first exchange OCTO 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 OCTO to DZD?
There are many factors that affect the relationship between OctoFi 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 OCTO/DZD. When there is positive news in the market about the widespread adoption of OCTO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OCTO/DZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OCTO/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 OCTO/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 OctoFi and adjust their investment strategies accordingly in the evolving market.
OctoFi price prediction
What will the price of OCTO be in 2026?
Based on OCTO's historical price performance prediction model, the price of OCTO is projected to reach $0.3092 in 2026.
What will the price of OCTO be in 2031?
In 2031, the OCTO price is expected to change by +30.00%. By the end of 2031, the OCTO price is projected to reach $1.1, with a cumulative ROI of +231.17%.
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Popular OctoFi Converter
Check out these popular currency conversions of OctoFi to several fiat currencies.
OCTO to TWD
1 OCTO to NT$ 6.9 TWD
OCTO to CNY
1 OCTO to ¥ 1.56 CNY
OCTO to USD
1 OCTO to $ 0.2115 USD
OCTO to DZD
1 OCTO to د.ج 28.21 DZD
OCTO to EUR
1 OCTO to € 0.1931 EUR
OCTO to CAD
1 OCTO to $ 0.2983 CAD
OCTO to KRW
1 OCTO to ₩ 305.54 KRW
OCTO to JPY
1 OCTO to ¥ 31.21 JPY
OCTO to GBP
1 OCTO to £ 0.1650 GBP
OCTO to BRL
1 OCTO to R$ 1.23 BRL
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Explore other cryptocurrencies based on your interest in OctoFi.
BTC to DZD
1 BTC to د.ج 10,992,989.82 DZD
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1 XRP to د.ج 270.24 DZD
SOL to DZD
1 SOL to د.ج 15,657.66 DZD
ETH to DZD
1 ETH to د.ج 218,958.74 DZD
FARTCOIN to DZD
1 FARTCOIN to د.ج 99.09 DZD
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1 PEPE to د.ج 0.0009105 DZD
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1 SUI to د.ج 292.12 DZD
ADA to DZD
1 ADA to د.ج 83.15 DZD
TRUMP to DZD
1 TRUMP to د.ج 1,080.62 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 OctoFi 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 OctoFi 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 OctoFi 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.
