PS1 to DZD Converter and calculator


Conversion rates
Convert PS1 to DZD
Convert DZD to PS1
PS1 to DZD chart
PS1 to DZD conversion data: Volatility and price changes of POLYSPORTS in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.04774 DZD | 0.04774 DZD | 0.05492 DZD | 0.1558 DZD |
Low | 0.04266 DZD | 0.03856 DZD | 0.03856 DZD | 0.03856 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +8.35% | +12.38% | -8.12% | -42.11% |
POLYSPORTS information
PS1 to DZD market statistics
Current PS1 to DZD exchange rate
POLYSPORTS to Algerian Dinar is rising this week.More info about POLYSPORTS on Bitget
Algerian Dinar 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.
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PS1 to DZD Conversion tables
Amount | 08:05 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 PS1 | د.ج0 | د.ج-0.001827 | +8.35% |
1 PS1 | د.ج0 | د.ج-0.003654 | +8.35% |
5 PS1 | د.ج0 | د.ج-0.01827 | +8.35% |
10 PS1 | د.ج0 | د.ج-0.03654 | +8.35% |
50 PS1 | د.ج0 | د.ج-0.1827 | +8.35% |
100 PS1 | د.ج0 | د.ج-0.3654 | +8.35% |
500 PS1 | د.ج0 | د.ج-1.8268 | +8.35% |
1000 PS1 | د.ج0 | د.ج-3.6537 | +8.35% |
PS1 to DZD FAQ
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