$mfer to DZD Converter and calculator


Conversion rates
Convert $mfer to DZD
Convert DZD to $mfer
$mfer to DZD chart
$mfer to DZD conversion data: Volatility and price changes of mfercoin in DZD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.5598 DZD | 0.7218 DZD | 0.9690 DZD | 1.98 DZD |
Low | 0.5137 DZD | 0.4692 DZD | 0.4692 DZD | 0.4692 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +4.72% | -22.14% | -30.66% | -66.66% |
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mfercoin information
$mfer to DZD market statistics
Current $mfer to DZD exchange rate
mfercoin to Algerian Dinar is falling this week.More info about mfercoin 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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$mfer to DZD Conversion tables
| Amount | 01:46 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 $mfer | د.ج0.2730 | د.ج0.2606 | +4.72% |
1 $mfer | د.ج0.5459 | د.ج0.5212 | +4.72% |
5 $mfer | د.ج2.73 | د.ج2.61 | +4.72% |
10 $mfer | د.ج5.46 | د.ج5.21 | +4.72% |
50 $mfer | د.ج27.3 | د.ج26.06 | +4.72% |
100 $mfer | د.ج54.59 | د.ج52.12 | +4.72% |
500 $mfer | د.ج272.97 | د.ج260.61 | +4.72% |
1000 $mfer | د.ج545.94 | د.ج521.22 | +4.72% |
$mfer to DZD FAQ
What factors influence the conversion rate of $mfer to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of mfercoin in the US is $0.004194 USD. Additionally, mfercoin’s price is €0.003608 EUR in the eurozone, £0.003152 GBP in the UK, C$0.005873 CAD in Canada, ₹0.3683 INR in India, ₨1.18 PKR in Pakistan, R$0.02260 BRL in Brazil, and more.
The most popular mfercoin currency pair is the $mfer to Algerian Dinar(DZD). The price of 1 mfercoin ($mfer) in Algerian Dinar (DZD) is د.ج0.5459.
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