MAGIK to DZD Converter and calculator


Conversion rates
Convert MAGIK to DZD
Convert DZD to MAGIK
MAGIK to DZD chart
MAGIK to DZD conversion data: Volatility and price changes of Magik Finance in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.5785 DZD | 0.5785 DZD | 0.7830 DZD | 1.05 DZD |
Low | 0.5374 DZD | 0.4270 DZD | 0.4270 DZD | 0.4270 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +4.78% | +3.67% | -26.42% | -47.35% |
Magik Finance information
MAGIK to DZD market statistics
Current MAGIK to DZD exchange rate
Magik Finance to Algerian Dinar is rising this week.More info about Magik Finance 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 MAGIK to DZD



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MAGIK to DZD Conversion tables
Amount | 12:30 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MAGIK | د.ج0.2593 | د.ج0.2464 | +4.78% |
1 MAGIK | د.ج0.5185 | د.ج0.4928 | +4.78% |
5 MAGIK | د.ج2.59 | د.ج2.46 | +4.78% |
10 MAGIK | د.ج5.19 | د.ج4.93 | +4.78% |
50 MAGIK | د.ج25.93 | د.ج24.64 | +4.78% |
100 MAGIK | د.ج51.85 | د.ج49.28 | +4.78% |
500 MAGIK | د.ج259.26 | د.ج246.42 | +4.78% |
1000 MAGIK | د.ج518.53 | د.ج492.85 | +4.78% |
MAGIK to DZD FAQ
What factors influence the conversion rate of MAGIK to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Magik Finance in the US is $0.004008 USD. Additionally, Magik Finance’s price is €0.003427 EUR in the eurozone, £0.002924 GBP in the UK, C$0.005486 CAD in Canada, ₹0.3436 INR in India, ₨1.14 PKR in Pakistan, R$0.02227 BRL in Brazil, and more.
The most popular Magik Finance currency pair is the MAGIK to Algerian Dinar(DZD). The price of 1 Magik Finance (MAGIK) in Algerian Dinar (DZD) is د.ج0.5185.
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