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FPI to DZD Converter and calculator

FPI/DZD: 1 FPI = 151.1 DZD. The price of converting 1 Frax Price Index (FPI) to Algerian Dinar (DZD) is 151.1 DZD today.
FPI
FPI
DZD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FPI to DZD real-time exchange rates, making it easy to convert Frax Price Index (FPI) to Algerian Dinar (DZD). The conversion result is based on real-time data. The conversion result shows that 1 FPI is currently valued at 151.10 DZD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FPI is currently valued at 151.10 DZD, which means buying 5 FPI would cost 755.51 DZD. Similarly, د.ج1 DZD can be converted to 0.006618 FPI, and د.ج50 DZD can be converted to 0.03309 FPI, excluding any platform or gas fees.

Convert FPI to DZD

Convert DZD to FPI

Frax Price Index
Algerian Dinar
100 FPI
15,110.11  DZD
200 FPI
30,220.22  DZD
500 FPI
75,550.54  DZD
1000 FPI
151,101.08  DZD
5000 FPI
755,505.39  DZD
10000 FPI
1,511,010.77  DZD
In the table above, you'll find a comprehensive FPI to DZD converter that shows the value of Frax Price Index in Algerian Dinar across commonly used conversion amounts. The list covers conversions from 1 FPI to DZD, all the way up to 10000 FPI, providing a clear view of their respective values.
Algerian Dinar
Frax Price Index
In the table above, you'll find a comprehensive DZD to FPI converter that shows the value of Algerian Dinar in Frax Price Index across commonly used conversion amounts. The list covers conversions from 1 DZD to FPI, all the way up to 100000 DZD, providing a clear view of their respective values.

FPI to DZD chart

FPI/DZD: 1 FPI = 151.1 DZD; 2025/05/03 21:41:27
In the past 1D, Frax Price Index has changed -0.01% to DZD. Based on the trend and price charts, Frax Price Index(FPI) has changed -0.01% to DZD while Algerian Dinar(DZD) has changed % to FPI in the last 24 hours.
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FPI to DZD conversion data: Volatility and price changes of Frax Price Index in DZD

The highest Frax Price Index price in DZD over the past 7 days was 151.24 DZD while the lowest Frax Price Index price in DZD over the past 7 days was 150.99 DZD. The relative change between the highs and lows in Frax Price Index price in DZD over the last 7 days indicates a volatility of %. You can view additional volatility data and FPI to DZD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
151.13 DZD
151.24 DZD
151.24 DZD
151.24 DZD
Low
151.1 DZD
150.99 DZD
150.83 DZD
149.58 DZD
Average
0 DZD
0 DZD
0 DZD
0 DZD
Volatility
%
%
%
%
Change
-0.01%
-0.05%
+0.16%
+0.92%

Frax Price Index information

FPI to DZD market statistics

FPI/DZD:
د.ج151.1
FPI 24h volume:
--
FPI market cap:
--
FPI circulating supply:
0 FPI

Current FPI to DZD exchange rate

Frax Price Index to Algerian Dinar is falling this week.
Frax Price Index's current market price is د.ج151.1 per FPI, with a total market cap of د.ج0 DZD based on a circulating supply of -- FPI. The trading volume of Frax Price Index has changed by 0.00% (د.ج0 DZD) in the last 24 hours. Last trading day, FPI's trading volume was د.ج0.

More info about Frax Price Index 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 Algerias 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 Frax Price Index currency pair is the FPI to DZD, with for Frax Price Index's currency code being FPI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.

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How to convert FPI to DZD

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Buy FPI (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading does not currently support direct buying of FPI with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy FPI with USDT via Bitget spot market.
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FPI to DZD Conversion tables

The exchange rate of Frax Price Index is increasing.
The exchange rate of 1 FPI to Algerian Dinar has changed by -0.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 151.13 DZD and a low of 151.1 DZD . One month ago, the value of 1 FPI was د.ج150.86 DZD , which represents a +0.16% change from its current value. Over the last year, Frax Price Index has changed by
+د.ج
3.51DZD
, resulting in a change of +2.38% in its value.
24 hours ago1 month ago1 year ago
Amount21:41 today24 hours ago24h change
0.5 FPIد.ج75.55د.ج75.56
-0.01%
1 FPIد.ج151.1د.ج151.12
-0.01%
5 FPIد.ج755.51د.ج755.59
-0.01%
10 FPIد.ج1,511.01د.ج1,511.18
-0.01%
50 FPIد.ج7,555.05د.ج7,555.91
-0.01%
100 FPIد.ج15,110.11د.ج15,111.82
-0.01%
500 FPIد.ج75,550.54د.ج75,559.08
-0.01%
1000 FPIد.ج151,101.08د.ج151,118.15
-0.01%

FPI to DZD FAQ

How much is 1 Frax Price Index in DZD?
Right now, the price of 1 Frax Price Index (FPI) in Algerian Dinar (DZD) is د.ج151.1.
How much FPI can I buy for 1 DZD?
Based on the current exchange rate, you can get 0.006618 FPI for 1 DZD.
How do I calculate or convert FPI to DZD?
You can use our FPI to DZD calculator at the top of this page to convert any amount of FPI to DZD. We've also included quick-reference tables for the most popular conversions. For example, 5 DZD is equivalent to 0.03309 FPI, while 5 FPI will cost around 755.51DZD.
What is the highest price of FPI/DZD in history?
The all-time high price of 1 FPI in DZD is د.ج173.02. It remains to be seen if the value of 1 FPI/DZD will exceed the current all-time high.
What is the price trend of Frax Price Index in DZD?
Over the past 7 days, the exchange rate of Frax Price Index (FPI) has gone down by 0.05%.   Over the last month, the exchange rate of Frax Price Index (FPI) has gone up by 0.16% against Algerian Dinar (DZD).

What factors influence the conversion rate of FPI to DZD?

There are many factors that affect the relationship between Frax Price Index 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 FPI/DZD. When there is positive news in the market about the widespread adoption of FPI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FPI/DZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FPI/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.
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 FPI/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 Frax Price Index and adjust their investment strategies accordingly in the evolving market.

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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.