TX20 to DZD Converter and calculator


Conversion rates
Convert TX20 to DZD
Convert DZD to TX20
TX20 to DZD chart
TX20 to DZD conversion data: Volatility and price changes of Trex20 in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.1272 DZD | 0.1746 DZD | 0.2625 DZD | 0.3243 DZD |
Low | 0.1150 DZD | 0.1150 DZD | 0.07109 DZD | 0.07109 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -5.48% | -13.04% | +1.91% | -51.70% |
Trex20 information
TX20 to DZD market statistics
Current TX20 to DZD exchange rate
Trex20 to Algerian Dinar is falling this week.More info about Trex20 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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How to convert TX20 to DZD



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TX20 to DZD Conversion tables
Amount | 14:18 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 TX20 | د.ج0.05948 | د.ج0.06293 | -5.48% |
1 TX20 | د.ج0.1190 | د.ج0.1259 | -5.48% |
5 TX20 | د.ج0.5948 | د.ج0.6293 | -5.48% |
10 TX20 | د.ج1.19 | د.ج1.26 | -5.48% |
50 TX20 | د.ج5.95 | د.ج6.29 | -5.48% |
100 TX20 | د.ج11.9 | د.ج12.59 | -5.48% |
500 TX20 | د.ج59.48 | د.ج62.93 | -5.48% |
1000 TX20 | د.ج118.97 | د.ج125.86 | -5.48% |
TX20 to DZD FAQ
What factors influence the conversion rate of TX20 to DZD?
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