PEON to DZD Converter and calculator


Conversion rates
Convert PEON to DZD
Convert DZD to PEON
PEON to DZD chart
PEON to DZD conversion data: Volatility and price changes of Peon in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{10}3310 DZD | 0.{10}3341 DZD | 0.{10}4798 DZD | 0.{9}1542 DZD |
Low | 0.{10}3167 DZD | 0.{10}2930 DZD | 0.{10}2930 DZD | 0.{10}2660 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +4.49% | +0.22% | +4.11% | -14.19% |
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Peon information
PEON to DZD market statistics
Current PEON to DZD exchange rate
Peon to Algerian Dinar is rising this week.More info about Peon 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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PEON to DZD Conversion tables
Amount | 16:24 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 PEON | د.ج0.{10}1655 | د.ج0.{10}1584 | +4.49% |
1 PEON | د.ج0.{10}3310 | د.ج0.{10}3167 | +4.49% |
5 PEON | د.ج0.{9}1655 | د.ج0.{9}1584 | +4.49% |
10 PEON | د.ج0.{9}3310 | د.ج0.{9}3167 | +4.49% |
50 PEON | د.ج0.{8}1655 | د.ج0.{8}1584 | +4.49% |
100 PEON | د.ج0.{8}3310 | د.ج0.{8}3167 | +4.49% |
500 PEON | د.ج0.{7}1655 | د.ج0.{7}1584 | +4.49% |
1000 PEON | د.ج0.{7}3310 | د.ج0.{7}3167 | +4.49% |
PEON to DZD FAQ
What factors influence the conversion rate of PEON to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Peon in the US is $0.{12}2548 USD. Additionally, Peon’s price is €0.{12}2185 EUR in the eurozone, £0.{12}1895 GBP in the UK, C$0.{12}3504 CAD in Canada, ₹0.{10}2230 INR in India, ₨0.{10}7224 PKR in Pakistan, R$0.{11}1382 BRL in Brazil, and more.
The most popular Peon currency pair is the PEON to Algerian Dinar(DZD). The price of 1 Peon (PEON) in Algerian Dinar (DZD) is د.ج0.{10}3310.
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