OCT
DZD
Last updated 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 Octopus Network(OCT) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 OCT at a value of 1 OCT for 17.71 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 Octopus Network currency pair is the OCT to DZD, with for Octopus Network's currency code being OCT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.
OCT to DZD conversion rate trend
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In the past 1D, Octopus Network has changed +9.52% to DZD. Based on the trend and price charts, Octopus Network(OCT) has changed +9.52% to DZD while Algerian Dinar(DZD) has changed % to OCT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ج17.85 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | د.ج21.86 | 0.1000% / 0.1000% | Yes |
Gate.io | د.ج17.75 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/21 08:00:16(UTC+0)
How to buy Octopus Network
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Octopus Network (OCT)
Use a variety of payment options to buy Octopus Network on Bitget. We'll show you how.
Buy OCT (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading does not currently support direct buying of OCT with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy OCT 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 OCT (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading currently does not support direct selling of OCT to DZD. However, you can first exchange OCT 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 Octopus Network to Algerian Dinar?
Octopus Network to Algerian Dinar is falling this week.Octopus Network's current market price is د.ج 17.71 per OCT, with a total market cap of د.ج 0 DZD based on a circulating supply of -- OCT. The trading volume of Octopus Network has changed by -31.61% (د.ج -6,564,375.37 DZD) in the last 24 hours. Last trading day, OCT's trading volume was د.ج 20,769,330.51.
Market cap
$0
24h volume
$105.33K
Circulating supply
0 OCT
Conversion tables
The exchange rate of Octopus Network is increasing.1 OCT is currently valued at د.ج 17.71 DZD , which means buying 5 OCT will cost د.ج 88.53 DZD . Similarly, د.ج1 DZD can be traded for 0.05648 OCT, and د.ج50 DZD can be converted to 2.82 OCT, excluding any platform or gas fees.
The exchange rate of 1 OCT to Algerian Dinar has changed by -26.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.52%, reaching a high of 17.88 DZD and a low of 15.91 DZD . One month ago, the value of 1 OCT was د.ج 16.73 DZD , which represents a +5.83% change from its current value. Over the last year, Octopus Network has changed by , resulting in a change of -63.29% in its value.
-د.ج
30.52DZDOCT to DZD
Amount
10:54 am today
0.5 OCT
د.ج8.85
1 OCT
د.ج17.71
5 OCT
د.ج88.53
10 OCT
د.ج177.06
50 OCT
د.ج885.31
100 OCT
د.ج1,770.62
500 OCT
د.ج8,853.08
1000 OCT
د.ج17,706.16
DZD to OCT
Amount10:54 am today
0.5DZD0.02824 OCT
1DZD0.05648 OCT
5DZD0.2824 OCT
10DZD0.5648 OCT
50DZD2.82 OCT
100DZD5.65 OCT
500DZD28.24 OCT
1000DZD56.48 OCT
Today vs. 24 hours ago
| Amount | 10:54 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OCT | $0.06564 | $0.05994 | +9.52% |
| 1 OCT | $0.1313 | $0.1199 | +9.52% |
| 5 OCT | $0.6564 | $0.5994 | +9.52% |
| 10 OCT | $1.31 | $1.2 | +9.52% |
| 50 OCT | $6.56 | $5.99 | +9.52% |
| 100 OCT | $13.13 | $11.99 | +9.52% |
| 500 OCT | $65.64 | $59.94 | +9.52% |
| 1000 OCT | $131.29 | $119.87 | +9.52% |
Today vs. 1 month ago
| Amount | 10:54 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OCT | $0.06564 | $0.06203 | +5.83% |
| 1 OCT | $0.1313 | $0.1241 | +5.83% |
| 5 OCT | $0.6564 | $0.6203 | +5.83% |
| 10 OCT | $1.31 | $1.24 | +5.83% |
| 50 OCT | $6.56 | $6.2 | +5.83% |
| 100 OCT | $13.13 | $12.41 | +5.83% |
| 500 OCT | $65.64 | $62.03 | +5.83% |
| 1000 OCT | $131.29 | $124.06 | +5.83% |
Today vs. 1 year ago
| Amount | 10:54 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OCT | $0.06564 | $0.1788 | -63.29% |
| 1 OCT | $0.1313 | $0.3576 | -63.29% |
| 5 OCT | $0.6564 | $1.79 | -63.29% |
| 10 OCT | $1.31 | $3.58 | -63.29% |
| 50 OCT | $6.56 | $17.88 | -63.29% |
| 100 OCT | $13.13 | $35.76 | -63.29% |
| 500 OCT | $65.64 | $178.81 | -63.29% |
| 1000 OCT | $131.29 | $357.62 | -63.29% |
Octopus Network price prediction
What will the price of OCT be in 2025?
Based on OCT's historical price performance prediction model, the price of OCT is projected to reach $0.2077 in 2025.
What will the price of OCT be in 2030?
In 2030, the OCT price is expected to change by +10.00%. By the end of 2030, the OCT price is projected to reach $0.2919, with a cumulative ROI of +116.17%.
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Popular Octopus Network conversions
Check out these popular currency conversions of Octopus Network to several fiat currencies.
Octopus Network to USD
1 OCT to $ 0.1313 USD
Octopus Network to GBP
1 OCT to £ 0.1044 GBP
Octopus Network to EUR
1 OCT to € 0.1259 EUR
Octopus Network to KRW
1 OCT to ₩ 189.9 KRW
Octopus Network to CAD
1 OCT to $ 0.1887 CAD
Octopus Network to AUD
1 OCT to $ 0.2100 AUD
Octopus Network to JPY
1 OCT to ¥ 20.54 JPY
Octopus Network to BRL
1 OCT to R$ 0.7990 BRL
Octopus Network to CNY
1 OCT to ¥ 0.9581 CNY
Octopus Network to TWD
1 OCT to NT$ 4.28 TWD
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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 Octopus Network 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 Octopus Network 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 Octopus Network 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.
