ELON to DZD Converter and calculator
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Conversion rates
Convert ELON to DZD
Convert DZD to ELON
ELON to DZD chart
ELON to DZD conversion data: Volatility and price changes of Official Elon Coin (official-elon.xyz) in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.08847 DZD | 0.1039 DZD | 0.1324 DZD | 0.1757 DZD |
Low | 0.08174 DZD | 0.08174 DZD | 0.08174 DZD | 0.08174 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -2.76% | -1.93% | -33.50% | -48.96% |
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Official Elon Coin (official-elon.xyz) information
ELON to DZD market statistics
Current ELON to DZD exchange rate
Official Elon Coin (official-elon.xyz) to Algerian Dinar is falling this week.More info about Official Elon Coin (official-elon.xyz) 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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ELON to DZD Conversion tables
Amount | 00:50 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ELON | د.ج0.04274 | د.ج0.04395 | -2.76% |
1 ELON | د.ج0.08548 | د.ج0.08790 | -2.76% |
5 ELON | د.ج0.4274 | د.ج0.4395 | -2.76% |
10 ELON | د.ج0.8548 | د.ج0.8790 | -2.76% |
50 ELON | د.ج4.27 | د.ج4.4 | -2.76% |
100 ELON | د.ج8.55 | د.ج8.79 | -2.76% |
500 ELON | د.ج42.74 | د.ج43.95 | -2.76% |
1000 ELON | د.ج85.48 | د.ج87.9 | -2.76% |
ELON to DZD FAQ
What factors influence the conversion rate of ELON to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Official Elon Coin (official-elon.xyz) in the US is $0.0006574 USD. Additionally, Official Elon Coin (official-elon.xyz)’s price is €0.0005637 EUR in the eurozone, £0.0004896 GBP in the UK, C$0.0009220 CAD in Canada, ₹0.05787 INR in India, ₨0.1866 PKR in Pakistan, R$0.003555 BRL in Brazil, and more.
The most popular Official Elon Coin (official-elon.xyz) currency pair is the ELON to Algerian Dinar(DZD). The price of 1 Official Elon Coin (official-elon.xyz) (ELON) in Algerian Dinar (DZD) is د.ج0.08548.
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