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.
MBLK to DZD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | د.ج0.1707 | 0.0200% / 0.0320%VIP 7 | |
Gate.io | د.ج0.1711 | 0.1000% / 0.1000% | Yes |
How to buy Magical Blocks
Buy MBLK (or USDT) for DZD (Algerian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
K King9P 0 trades|Completion rate 0.00% | 35.25 THB | Amount500 USDT Limit500 - 17600 THB | ||
K King9P 0 trades|Completion rate 0.00% | 35.25 THB | Amount500 USDT Limit500 - 17600 THB | ||
2 24H EXPRESS 301 trades|Completion rate 98.00% | 33.42 THB | Amount14741.77 USDT Limit1000 - 200000 THB | ||
B Bank” 413 trades|Completion rate 100.00% | 33.4 THB | Amount62174.73 USDT Limit500 - 100000 THB | ||
G GlolinkOTC 0 trades|Completion rate 0.00% | 33.27 THB | Amount2789 USDT Limit5000 - 50000 THB |
Sell MBLK (or USDT) for DZD (Algerian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
K King9P 0 trades|Completion rate 0.00% | 35.25 THB | Amount500 USDT Limit500 - 17600 THB | ||
K King9P 0 trades|Completion rate 0.00% | 35.25 THB | Amount500 USDT Limit500 - 17600 THB | ||
2 24H EXPRESS 301 trades|Completion rate 98.00% | 33.42 THB | Amount14741.77 USDT Limit1000 - 200000 THB | ||
B Bank” 413 trades|Completion rate 100.00% | 33.4 THB | Amount62174.73 USDT Limit500 - 100000 THB | ||
G GlolinkOTC 0 trades|Completion rate 0.00% | 33.27 THB | Amount2789 USDT Limit5000 - 50000 THB |
What factors influence the conversion rate of Magical Blocks to Algerian Dinar?
Magical Blocks to Algerian Dinar is falling this week.Conversion tables
The exchange rate of Magical Blocks is decreasing.MBLK to DZD
DZD to MBLK
Today vs. 24 hours ago
Amount | 02:24 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MBLK | $0.0006238 | $0.0005959 | +4.68% |
1 MBLK | $0.001248 | $0.001192 | +4.68% |
5 MBLK | $0.006238 | $0.005959 | +4.68% |
10 MBLK | $0.01248 | $0.01192 | +4.68% |
50 MBLK | $0.06238 | $0.05959 | +4.68% |
100 MBLK | $0.1248 | $0.1192 | +4.68% |
500 MBLK | $0.6238 | $0.5959 | +4.68% |
1000 MBLK | $1.25 | $1.19 | +4.68% |
Today vs. 1 month ago
Amount | 02:24 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 MBLK | $0.0006238 | $0.0006710 | -7.03% |
1 MBLK | $0.001248 | $0.001342 | -7.03% |
5 MBLK | $0.006238 | $0.006710 | -7.03% |
10 MBLK | $0.01248 | $0.01342 | -7.03% |
50 MBLK | $0.06238 | $0.06710 | -7.03% |
100 MBLK | $0.1248 | $0.1342 | -7.03% |
500 MBLK | $0.6238 | $0.6710 | -7.03% |
1000 MBLK | $1.25 | $1.34 | -7.03% |
Today vs. 1 year ago
Amount | 02:24 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 MBLK | $0.0006238 | $0.02351 | -97.35% |
1 MBLK | $0.001248 | $0.04702 | -97.35% |
5 MBLK | $0.006238 | $0.2351 | -97.35% |
10 MBLK | $0.01248 | $0.4702 | -97.35% |
50 MBLK | $0.06238 | $2.35 | -97.35% |
100 MBLK | $0.1248 | $4.7 | -97.35% |
500 MBLK | $0.6238 | $23.51 | -97.35% |
1000 MBLK | $1.25 | $47.02 | -97.35% |
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