DZD 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.
BNT to DZD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | د.ج90.12 | 0.0200% / 0.0320%VIP 7 | |
Binance | د.ج90.06 | 0.1000% / 0.1000% | Yes |
OKX | د.ج90.33 | 0.080% / 0.100% | Yes |
Huobi | د.ج90.06 | 0.1000% / 0.1000% | Yes |
Gate.io | د.ج90.13 | 0.1000% / 0.1000% | Yes |
Bybit | د.ج89.74 | 0.1000% / 0.1000% | Yes |
How to buy Bancor
Buy BNT (or USDT) for DZD (Algerian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
P Pancho17 16 trades|Completion rate 100.00% | 1.012 USD | Amount20.54 USDT Limit10 - 10.78 USD | ||
C CloverSiS 88 trades|Completion rate 97.00% | 1.02 USD | Amount211.76 USDT Limit100 - 500 USD | ||
f ferag21 142 trades|Completion rate 99.00% | 1.03 USD | Amount124.43 USDT Limit10 - 664 USD | ||
L LourdesCRIPTO 27 trades|Completion rate 96.00% | 1.03 USD | Amount265.49 USDT Limit10 - 273.45 USD | ||
I Itzsheikhs 303 trades|Completion rate 100.00% | 1.04 USD | Amount3171 USDT Limit100 - 3200 USD |
Sell BNT (or USDT) for DZD (Algerian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
P Pancho17 16 trades|Completion rate 100.00% | 1.012 USD | Amount20.54 USDT Limit10 - 10.78 USD | ||
C CloverSiS 88 trades|Completion rate 97.00% | 1.02 USD | Amount211.76 USDT Limit100 - 500 USD | ||
f ferag21 142 trades|Completion rate 99.00% | 1.03 USD | Amount124.43 USDT Limit10 - 664 USD | ||
L LourdesCRIPTO 27 trades|Completion rate 96.00% | 1.03 USD | Amount265.49 USDT Limit10 - 273.45 USD | ||
I Itzsheikhs 303 trades|Completion rate 100.00% | 1.04 USD | Amount3171 USDT Limit100 - 3200 USD |
What factors influence the conversion rate of Bancor to Algerian Dinar?
Bancor to Algerian Dinar is falling this week.Conversion tables
The exchange rate of Bancor is decreasing.BNT to DZD
DZD to BNT
Today vs. 24 hours ago
Amount | 21:14 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BNT | $0.3314 | $0.3234 | +2.48% |
1 BNT | $0.6629 | $0.6469 | +2.48% |
5 BNT | $3.31 | $3.23 | +2.48% |
10 BNT | $6.63 | $6.47 | +2.48% |
50 BNT | $33.14 | $32.34 | +2.48% |
100 BNT | $66.29 | $64.69 | +2.48% |
500 BNT | $331.43 | $323.43 | +2.48% |
1000 BNT | $662.87 | $646.86 | +2.48% |
Today vs. 1 month ago
Amount | 21:14 today | 1 month ago | 1M change |
---|---|---|---|
0.5 BNT | $0.3314 | $0.3342 | -0.84% |
1 BNT | $0.6629 | $0.6684 | -0.84% |
5 BNT | $3.31 | $3.34 | -0.84% |
10 BNT | $6.63 | $6.68 | -0.84% |
50 BNT | $33.14 | $33.42 | -0.84% |
100 BNT | $66.29 | $66.84 | -0.84% |
500 BNT | $331.43 | $334.22 | -0.84% |
1000 BNT | $662.87 | $668.44 | -0.84% |
Today vs. 1 year ago
Amount | 21:14 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 BNT | $0.3314 | $0.3480 | -4.76% |
1 BNT | $0.6629 | $0.6959 | -4.76% |
5 BNT | $3.31 | $3.48 | -4.76% |
10 BNT | $6.63 | $6.96 | -4.76% |
50 BNT | $33.14 | $34.8 | -4.76% |
100 BNT | $66.29 | $69.59 | -4.76% |
500 BNT | $331.43 | $347.96 | -4.76% |
1000 BNT | $662.87 | $695.92 | -4.76% |
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