DFT to DZD Converter and calculator


Conversion rates
Convert DFT to DZD
Convert DZD to DFT
DFT to DZD chart
DFT to DZD conversion data: Volatility and price changes of DraftCoin in DZD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.06883 DZD | 0.06883 DZD | 0.06883 DZD | 0.1218 DZD |
Low | 0.06593 DZD | 0.06427 DZD | 0.06427 DZD | 0.06236 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +0.00% | +0.00% | +4.41% | -26.16% |
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DraftCoin information
DFT to DZD market statistics
Current DFT to DZD exchange rate
DraftCoin to Algerian Dinar is rising this week.More info about DraftCoin 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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DFT to DZD Conversion tables
| Amount | 22:37 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 DFT | د.ج0.03355 | د.ج0.03355 | +0.00% |
1 DFT | د.ج0.06711 | د.ج0.06711 | +0.00% |
5 DFT | د.ج0.3355 | د.ج0.3355 | +0.00% |
10 DFT | د.ج0.6711 | د.ج0.6711 | +0.00% |
50 DFT | د.ج3.36 | د.ج3.36 | +0.00% |
100 DFT | د.ج6.71 | د.ج6.71 | +0.00% |
500 DFT | د.ج33.55 | د.ج33.55 | +0.00% |
1000 DFT | د.ج67.11 | د.ج67.11 | +0.00% |
DFT to DZD FAQ
What factors influence the conversion rate of DFT to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of DraftCoin in the US is $0.0005174 USD. Additionally, DraftCoin’s price is €0.0004408 EUR in the eurozone, £0.0003869 GBP in the UK, C$0.0007129 CAD in Canada, ₹0.04687 INR in India, ₨0.1448 PKR in Pakistan, R$0.002804 BRL in Brazil, and more.
The most popular DraftCoin currency pair is the DFT to Algerian Dinar(DZD). The price of 1 DraftCoin (DFT) in Algerian Dinar (DZD) is د.ج0.06711.
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