FAC to DZD Converter and calculator


Conversion rates
Convert FAC to DZD
Convert DZD to FAC
FAC to DZD chart
FAC to DZD conversion data: Volatility and price changes of Facora in DZD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.001090 DZD | -- DZD | -- DZD | -- DZD |
Low | 0.001001 DZD | -- DZD | -- DZD | -- DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +0.07% | -- | -- | -- |
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Facora information
FAC to DZD market statistics
Current FAC to DZD exchange rate
Facora to Algerian Dinar is falling this week.More info about Facora 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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FAC to DZD Conversion tables
| Amount | 15:53 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 FAC | د.ج0.0005450 | د.ج-- | +0.07% |
1 FAC | د.ج0.001090 | د.ج-- | +0.07% |
5 FAC | د.ج0.005450 | د.ج-- | +0.07% |
10 FAC | د.ج0.01090 | د.ج-- | +0.07% |
50 FAC | د.ج0.05450 | د.ج-- | +0.07% |
100 FAC | د.ج0.1090 | د.ج-- | +0.07% |
500 FAC | د.ج0.5450 | د.ج-- | +0.07% |
1000 FAC | د.ج1.09 | د.ج-- | +0.07% |
FAC to DZD FAQ
What factors influence the conversion rate of FAC to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Facora in the US is $0.{5}8354 USD. Additionally, Facora’s price is €0.{5}7221 EUR in the eurozone, £0.{5}6377 GBP in the UK, C$0.{4}1171 CAD in Canada, ₹0.0007403 INR in India, ₨0.002362 PKR in Pakistan, R$0.{4}4411 BRL in Brazil, and more.
The most popular Facora currency pair is the FAC to Algerian Dinar(DZD). The price of 1 Facora (FAC) in Algerian Dinar (DZD) is د.ج0.001090.
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