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Parex to Algerian Dinar Converter and calculator

Convert 1Parex (PRX) to Algerian Dinar (DZD) equals د.ج 21.51 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Parex(PRX) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 PRX at a value of 1 PRX for 21.51 DZD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Algerias 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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Bitget crypto-to-fiat exchange data shows that the most popular Parex currency pair is the PRX to DZD, with for Parex's currency code being PRX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.

PRX to DZD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Parex has changed +2.34% to DZD. Based on the trend and price charts, Parex(PRX) has changed +2.34% to DZD while Algerian Dinar(DZD) has changed % to PRX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ج21.66
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
د.ج21.69
0.1000% / 0.1000%
Yes
Last updated 2024/11/10 16:00:15(UTC+0)

How to buy Parex

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Buy Parex (PRX)
Use a variety of payment options to buy Parex on Bitget. We'll show you how.

Buy PRX (or USDT) for DZD (Algerian Dinar) offers

Bitget P2P trading does not currently support direct buying of PRX with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy PRX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Zero fees
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Sell PRX (or USDT) for DZD (Algerian Dinar) offers

Bitget P2P trading currently does not support direct selling of PRX to DZD. However, you can first exchange PRX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Parex to Algerian Dinar?

Parex to Algerian Dinar is rising this week.
Parex's current market price is د.ج 21.51 per PRX, with a total market cap of د.ج 0 DZD based on a circulating supply of -- PRX. The trading volume of Parex has changed by +3.79% (د.ج 845,922.77 DZD) in the last 24 hours. Last trading day, PRX's trading volume was د.ج 22,331,056.87.
Market cap
$0
24h volume
$173.43K
Circulating supply
0 PRX

Conversion tables

The exchange rate of Parex is increasing.
1 PRX is currently valued at د.ج 21.51 DZD , which means buying 5 PRX will cost د.ج 107.55 DZD . Similarly, د.ج1 DZD can be traded for 0.04649 PRX, and د.ج50 DZD can be converted to 2.32 PRX, excluding any platform or gas fees.
The exchange rate of 1 PRX to Algerian Dinar has changed by +1.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.34%, reaching a high of 22.43 DZD and a low of 21 DZD . One month ago, the value of 1 PRX was د.ج 19.78 DZD , which represents a +8.76% change from its current value. Over the last year, Parex has changed by
-د.ج
55.25DZD
, resulting in a change of -71.98% in its value.

PRX to DZD

Amount
22:59 today
0.5 PRX
د.ج10.75
1 PRX
د.ج21.51
5 PRX
د.ج107.55
10 PRX
د.ج215.1
50 PRX
د.ج1,075.48
100 PRX
د.ج2,150.95
500 PRX
د.ج10,754.77
1000 PRX
د.ج21,509.55

DZD to PRX

Amount22:59 today
0.5DZD0.02325  PRX
1DZD0.04649  PRX
5DZD0.2325  PRX
10DZD0.4649  PRX
50DZD2.32  PRX
100DZD4.65  PRX
500DZD23.25  PRX
1000DZD46.49  PRX

Today vs. 24 hours ago

Amount22:59 today24 hours ago24h change
0.5 PRX$0.08048$0.07864
+2.34%
1 PRX$0.1610$0.1573
+2.34%
5 PRX$0.8048$0.7864
+2.34%
10 PRX$1.61$1.57
+2.34%
50 PRX$8.05$7.86
+2.34%
100 PRX$16.1$15.73
+2.34%
500 PRX$80.48$78.64
+2.34%
1000 PRX$160.95$157.28
+2.34%

Today vs. 1 month ago

Amount22:59 today1 month ago1M change
0.5 PRX$0.08048$0.07400
+8.76%
1 PRX$0.1610$0.1480
+8.76%
5 PRX$0.8048$0.7400
+8.76%
10 PRX$1.61$1.48
+8.76%
50 PRX$8.05$7.4
+8.76%
100 PRX$16.1$14.8
+8.76%
500 PRX$80.48$74
+8.76%
1000 PRX$160.95$148
+8.76%

Today vs. 1 year ago

Amount22:59 today1 year ago1Y change
0.5 PRX$0.08048$0.2872
-71.98%
1 PRX$0.1610$0.5743
-71.98%
5 PRX$0.8048$2.87
-71.98%
10 PRX$1.61$5.74
-71.98%
50 PRX$8.05$28.72
-71.98%
100 PRX$16.1$57.43
-71.98%
500 PRX$80.48$287.17
-71.98%
1000 PRX$160.95$574.35
-71.98%

Parex price prediction

What will the price of PRX be in 2025?

Based on PRX's historical price performance prediction model, the price of PRX is projected to reach $0.2367 in 2025.

What will the price of PRX be in 2030?

In 2030, the PRX price is expected to change by -11.00%. By the end of 2030, the PRX price is projected to reach $0.4675, with a cumulative ROI of +198.15%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Parex and DZD.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Parex and DZD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Parex in DZD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.