FRED to DZD Converter and calculator


Conversion rates
Convert FRED to DZD
Convert DZD to FRED
FRED to DZD chart
FRED to DZD conversion data: Volatility and price changes of FRED in DZD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.02897 DZD | 0.02985 DZD | 0.03306 DZD | 0.05560 DZD |
Low | 0.02765 DZD | 0.02615 DZD | 0.02500 DZD | 0.02335 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -4.17% | -6.21% | -9.47% | -32.83% |
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FRED information
FRED to DZD market statistics
Current FRED to DZD exchange rate
FRED to Algerian Dinar is falling this week.More info about FRED 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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FRED to DZD Conversion tables
| Amount | 18:07 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 FRED | د.ج0.01381 | د.ج0.01442 | -4.17% |
1 FRED | د.ج0.02763 | د.ج0.02883 | -4.17% |
5 FRED | د.ج0.1381 | د.ج0.1442 | -4.17% |
10 FRED | د.ج0.2763 | د.ج0.2883 | -4.17% |
50 FRED | د.ج1.38 | د.ج1.44 | -4.17% |
100 FRED | د.ج2.76 | د.ج2.88 | -4.17% |
500 FRED | د.ج13.81 | د.ج14.42 | -4.17% |
1000 FRED | د.ج27.63 | د.ج28.83 | -4.17% |
FRED to DZD FAQ
What factors influence the conversion rate of FRED to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of FRED in the US is $0.0002126 USD. Additionally, FRED’s price is €0.0001827 EUR in the eurozone, £0.0001595 GBP in the UK, C$0.0002947 CAD in Canada, ₹0.01913 INR in India, ₨0.06019 PKR in Pakistan, R$0.001151 BRL in Brazil, and more.
The most popular FRED currency pair is the FRED to Algerian Dinar(DZD). The price of 1 FRED (FRED) in Algerian Dinar (DZD) is د.ج0.02763.
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