CNX to DZD Converter and calculator


Conversion rates
Convert CNX to DZD
Convert DZD to CNX
CNX to DZD chart
CNX to DZD conversion data: Volatility and price changes of Cofinex in DZD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 45.34 DZD | 45.37 DZD | 71.75 DZD | 71.75 DZD |
Low | 38.85 DZD | 35.73 DZD | 13.77 DZD | 6.02 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +16.68% | +15.44% | +206.44% | +2.00% |
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Cofinex information
CNX to DZD market statistics
Current CNX to DZD exchange rate
Cofinex to Algerian Dinar is rising this week.More info about Cofinex 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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CNX to DZD Conversion tables
| Amount | 05:02 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 CNX | د.ج22.67 | د.ج19.43 | +16.68% |
1 CNX | د.ج45.33 | د.ج38.85 | +16.68% |
5 CNX | د.ج226.66 | د.ج194.26 | +16.68% |
10 CNX | د.ج453.31 | د.ج388.51 | +16.68% |
50 CNX | د.ج2,266.56 | د.ج1,942.57 | +16.68% |
100 CNX | د.ج4,533.13 | د.ج3,885.14 | +16.68% |
500 CNX | د.ج22,665.65 | د.ج19,425.7 | +16.68% |
1000 CNX | د.ج45,331.29 | د.ج38,851.4 | +16.68% |
CNX to DZD FAQ
What factors influence the conversion rate of CNX to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Cofinex in the US is $0.3499 USD. Additionally, Cofinex’s price is €0.3027 EUR in the eurozone, £0.2660 GBP in the UK, C$0.4908 CAD in Canada, ₹31.03 INR in India, ₨98.8 PKR in Pakistan, R$1.87 BRL in Brazil, and more.
The most popular Cofinex currency pair is the CNX to Algerian Dinar(DZD). The price of 1 Cofinex (CNX) in Algerian Dinar (DZD) is د.ج45.33.
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