Bitget converter provides SIMMI to DZD real-time exchange rates, making it easy to convert Simmi (SIMMI) to Algerian Dinar (DZD). The conversion result is based on real-time data. The conversion result shows that 1 SIMMI is currently valued at 0.005344 DZD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SIMMI is currently valued at 0.005344 DZD, which means buying 5 SIMMI would cost 0.02672 DZD. Similarly, د.ج1 DZD can be converted to 187.13 SIMMI, and د.ج50 DZD can be converted to 935.66 SIMMI, excluding any platform or gas fees.
Conversion rates
Convert SIMMI to DZD
Convert DZD to SIMMI
Simmi
Algerian Dinar
1 SIMMI
0.005344 DZD
Exchange 1 SIMMI for 0.005344 DZD
2 SIMMI
0.01069 DZD
Exchange 2 SIMMI for 0.01069 DZD
5 SIMMI
0.02672 DZD
Exchange 5 SIMMI for 0.02672 DZD
10 SIMMI
0.05344 DZD
Exchange 10 SIMMI for 0.05344 DZD
20 SIMMI
0.1069 DZD
Exchange 20 SIMMI for 0.1069 DZD
50 SIMMI
0.2672 DZD
Exchange 50 SIMMI for 0.2672 DZD
100 SIMMI
0.5344 DZD
Exchange 100 SIMMI for 0.5344 DZD
200 SIMMI
1.07 DZD
Exchange 200 SIMMI for 1.07 DZD
500 SIMMI
2.67 DZD
Exchange 500 SIMMI for 2.67 DZD
1000 SIMMI
5.34 DZD
Exchange 1000 SIMMI for 5.34 DZD
5000 SIMMI
26.72 DZD
Exchange 5000 SIMMI for 26.72 DZD
10000 SIMMI
53.44 DZD
Exchange 10000 SIMMI for 53.44 DZD
In the table above, you'll find a comprehensive SIMMI to DZD converter that shows the value of Simmi in Algerian Dinar across commonly used conversion amounts. The list covers conversions from 1 SIMMI to DZD, all the way up to 10000 SIMMI, providing a clear view of their respective values.
Algerian Dinar
Simmi
1 DZD
187.13 SIMMI
Exchange 1 DZD for 187.13 SIMMI
10 DZD
1,871.32 SIMMI
Exchange 10 DZD for 1,871.32 SIMMI
50 DZD
9,356.61 SIMMI
Exchange 50 DZD for 9,356.61 SIMMI
100 DZD
18,713.22 SIMMI
Exchange 100 DZD for 18,713.22 SIMMI
200 DZD
37,426.43 SIMMI
Exchange 200 DZD for 37,426.43 SIMMI
500 DZD
93,566.09 SIMMI
Exchange 500 DZD for 93,566.09 SIMMI
1000 DZD
187,132.17 SIMMI
Exchange 1000 DZD for 187,132.17 SIMMI
2000 DZD
374,264.35 SIMMI
Exchange 2000 DZD for 374,264.35 SIMMI
5000 DZD
935,660.87 SIMMI
Exchange 5000 DZD for 935,660.87 SIMMI
10000 DZD
1,871,321.73 SIMMI
Exchange 10000 DZD for 1,871,321.73 SIMMI
50000 DZD
9,356,608.67 SIMMI
Exchange 50000 DZD for 9,356,608.67 SIMMI
100000 DZD
18,713,217.33 SIMMI
Exchange 100000 DZD for 18,713,217.33 SIMMI
In the table above, you'll find a comprehensive DZD to SIMMI converter that shows the value of Algerian Dinar in Simmi across commonly used conversion amounts. The list covers conversions from 1 DZD to SIMMI, all the way up to 100000 DZD, providing a clear view of their respective values.
In the past 1D, Simmi has changed +3.02% to DZD. Based on the trend and price charts, Simmi(SIMMI) has changed +3.02% to DZD while Algerian Dinar(DZD) has changed % to SIMMI in the last 24 hours.
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SIMMI to DZD conversion data: Volatility and price changes of Simmi in DZD
The highest Simmi price in DZD over the past 7 days was 0.003293 DZD while the lowest Simmi price in DZD over the past 7 days was 0.002798 DZD. The relative change between the highs and lows in Simmi price in DZD over the last 7 days indicates a volatility of %. You can view additional volatility data and SIMMI to DZD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
0.003245 DZD
0.003293 DZD
0.004772 DZD
0.005732 DZD
Low
0.003078 DZD
0.002798 DZD
0.002798 DZD
0.001086 DZD
Average
0 DZD
0 DZD
0 DZD
0 DZD
Volatility
%
%
%
%
Change
+3.02%
+2.11%
-30.82%
+99.47%
Buy
Sell
Buy SIMMI (or USDT) for DZD (Algerian Dinar) offers
Simmi's current market price is د.ج0.005344 per SIMMI, with a total market cap of د.ج0 DZD based on a circulating supply of -- SIMMI. The trading volume of Simmi has changed by -51.93% (د.ج-137,595,573.22 DZD) in the last 24 hours. Last trading day, SIMMI's trading volume was د.ج264,974,268.6.
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.
Bitget crypto-to-fiat exchange data shows that the most popular Simmi currency pair is the SIMMI to DZD, with for Simmi's currency code being SIMMI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.
The exchange rate of 1 SIMMI to Algerian Dinar has changed by +2.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.02%, reaching a high of 0.003245 DZD and a low of 0.003078 DZD . One month ago, the value of 1 SIMMI was د.ج0.006775 DZD , which represents a -30.82% change from its current value. Over the last year, Simmi has changed by
+د.ج
0.003212DZD
, resulting in a change of -63.14% in its value.
24 hours ago1 month ago1 year ago
Amount
19:50 today
24 hours ago
24h change
0.5 SIMMI
د.ج0.002672
د.ج0.002625
+3.02%
1 SIMMI
د.ج0.005344
د.ج0.005250
+3.02%
5 SIMMI
د.ج0.02672
د.ج0.02625
+3.02%
10 SIMMI
د.ج0.05344
د.ج0.05250
+3.02%
50 SIMMI
د.ج0.2672
د.ج0.2625
+3.02%
100 SIMMI
د.ج0.5344
د.ج0.5250
+3.02%
500 SIMMI
د.ج2.67
د.ج2.62
+3.02%
1000 SIMMI
د.ج5.34
د.ج5.25
+3.02%
SIMMI to DZD FAQ
How much is 1 Simmi in DZD?
Right now, the price of 1 Simmi (SIMMI) in Algerian Dinar (DZD) is د.ج0.005344.
How much SIMMI can I buy for 1 DZD?
Based on the current exchange rate, you can get 187.13 SIMMI for 1 DZD.
How do I calculate or convert SIMMI to DZD?
You can use our SIMMI to DZD calculator at the top of this page to convert any amount of SIMMI to DZD. We've also included quick-reference tables for the most popular conversions. For example, 5 DZD is equivalent to 935.66 SIMMI, while 5 SIMMI will cost around 0.02672DZD.
What is the highest price of SIMMI/DZD in history?
The all-time high price of 1 SIMMI in DZD is د.ج0.05556. It remains to be seen if the value of 1 SIMMI/DZD will exceed the current all-time high.
What is the price trend of Simmi in DZD?
Over the past 7 days, the exchange rate of Simmi (SIMMI) has gone up by 2.11%.
Over the last month, the exchange rate of Simmi (SIMMI) has gone down by 30.82% against Algerian Dinar (DZD).
What factors influence the conversion rate of SIMMI to DZD?
There are many factors that affect the relationship between Simmi and Algerian Dinar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of SIMMI/DZD. When there is positive news in the market about the widespread adoption of SIMMI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SIMMI/DZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SIMMI/DZD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of SIMMI/DZD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Simmi and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Simmi currency pairs: SIMMI to US Dollar (USD), SIMMI to Euro (EUR), SIMMI to Pound Sterling (GBP), SIMMI to Canadian Dollar (CAD), SIMMI to Indian Rupee (INR), SIMMI to Pakistani Rupee (PKR), SIMMI to Brazilian Real (BRL), SIMMI to… The price of Simmi in the US is $0.{4}4107 USD. Additionally, Simmi’s price is €0.{4}3543 EUR in the eurozone, £0.{4}3099 GBP in the UK, C$0.{4}5668 CAD in Canada, ₹0.003583 INR in India, ₨0.01147 PKR in Pakistan, R$0.0002275 BRL in Brazil, and more. The most popular Simmi currency pair is the SIMMI to Algerian Dinar(DZD). The price of 1 Simmi (SIMMI) in Algerian Dinar (DZD) is د.ج0.005344.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.