NIM to DZD Converter and calculator

Conversion rates
Convert NIM to DZD
Convert DZD to NIM
NIM to DZD chart
NIM to DZD conversion data: Volatility and price changes of in DZD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.07583 DZD | 0.08433 DZD | 0.09205 DZD | 0.09910 DZD |
Low | 0.07421 DZD | 0.07421 DZD | 0.07421 DZD | 0.07421 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -2.07% | -13.33% | -14.29% | -5.83% |
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Nimiq information
NIM to DZD market statistics
Current NIM to DZD exchange rate
Nimiq to Algerian Dinar is falling this week.More info about Nimiq 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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NIM to DZD Conversion tables
| Amount | 06:28 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 NIM | د.ج0.03714 | د.ج0.03792 | -2.07% |
1 NIM | د.ج0.07427 | د.ج0.07584 | -2.07% |
5 NIM | د.ج0.3714 | د.ج0.3792 | -2.07% |
10 NIM | د.ج0.7427 | د.ج0.7584 | -2.07% |
50 NIM | د.ج3.71 | د.ج3.79 | -2.07% |
100 NIM | د.ج7.43 | د.ج7.58 | -2.07% |
500 NIM | د.ج37.14 | د.ج37.92 | -2.07% |
1000 NIM | د.ج74.27 | د.ج75.84 | -2.07% |
NIM to DZD FAQ
What factors influence the conversion rate of NIM to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Nimiq in the US is $0.0005711 USD. Additionally, Nimiq’s price is €0.0004900 EUR in the eurozone, £0.0004250 GBP in the UK, C$0.0007921 CAD in Canada, ₹0.05141 INR in India, ₨0.1618 PKR in Pakistan, R$0.003078 BRL in Brazil, and more.
The most popular Nimiq currency pair is the NIM to Algerian Dinar(DZD). The price of 1 Nimiq (NIM) in Algerian Dinar (DZD) is د.ج0.07427.
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