


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.
RIF to DZD conversion rate trend
RIF to DZD market statistics
More info about Rootstock Infrastructure Framework on Bitget
Current RIF to DZD exchange rate
Rootstock Infrastructure Framework to Algerian Dinar is rising this week.RIF to DZD Conversion tables
The exchange rate of Rootstock Infrastructure Framework is decreasing.RIF to DZD
DZD to RIF
RIF to DZD Today vs. 24 hours ago
Amount | 23:20 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 RIF | د.ج3.06 | د.ج3.03 | +0.94% |
1 RIF | د.ج6.12 | د.ج6.07 | +0.94% |
5 RIF | د.ج30.62 | د.ج30.33 | +0.94% |
10 RIF | د.ج61.24 | د.ج60.67 | +0.94% |
50 RIF | د.ج306.19 | د.ج303.33 | +0.94% |
100 RIF | د.ج612.38 | د.ج606.67 | +0.94% |
500 RIF | د.ج3,061.91 | د.ج3,033.33 | +0.94% |
1000 RIF | د.ج6,123.83 | د.ج6,066.66 | +0.94% |
RIF to DZD Today vs. 1 month ago
Amount | 23:20 today | 1 month ago | 1M change |
---|---|---|---|
0.5 RIF | د.ج3.06 | د.ج3.55 | -13.66% |
1 RIF | د.ج6.12 | د.ج7.09 | -13.66% |
5 RIF | د.ج30.62 | د.ج35.47 | -13.66% |
10 RIF | د.ج61.24 | د.ج70.94 | -13.66% |
50 RIF | د.ج306.19 | د.ج354.68 | -13.66% |
100 RIF | د.ج612.38 | د.ج709.37 | -13.66% |
500 RIF | د.ج3,061.91 | د.ج3,546.83 | -13.66% |
1000 RIF | د.ج6,123.83 | د.ج7,093.66 | -13.66% |
RIF to DZD Today vs. 1 year ago
Amount | 23:20 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 RIF | د.ج3.06 | د.ج17.17 | -82.15% |
1 RIF | د.ج6.12 | د.ج34.34 | -82.15% |
5 RIF | د.ج30.62 | د.ج171.7 | -82.15% |
10 RIF | د.ج61.24 | د.ج343.39 | -82.15% |
50 RIF | د.ج306.19 | د.ج1,716.97 | -82.15% |
100 RIF | د.ج612.38 | د.ج3,433.95 | -82.15% |
500 RIF | د.ج3,061.91 | د.ج17,169.75 | -82.15% |
1000 RIF | د.ج6,123.83 | د.ج34,339.5 | -82.15% |
How to convert RIF to DZD



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