FRED to DZD Converter and calculator


Conversion rates
Convert FRED to DZD
Convert DZD to FRED
FRED to DZD chart
FRED to DZD conversion data: Volatility and price changes of First Convicted Raccon Fred in DZD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.1185 DZD | 0.1271 DZD | 0.1744 DZD | 0.4112 DZD |
Low | 0.1109 DZD | 0.1084 DZD | 0.09133 DZD | 0.09133 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +2.82% | +2.69% | -1.21% | -69.27% |
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First Convicted Raccon Fred information
FRED to DZD market statistics
Current FRED to DZD exchange rate
First Convicted Raccon Fred to Algerian Dinar is rising this week.More info about First Convicted Raccon Fred 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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FRED to DZD Conversion tables
| Amount | 11:59 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 FRED | د.ج0.05977 | د.ج0.05814 | +2.82% |
1 FRED | د.ج0.1195 | د.ج0.1163 | +2.82% |
5 FRED | د.ج0.5977 | د.ج0.5814 | +2.82% |
10 FRED | د.ج1.2 | د.ج1.16 | +2.82% |
50 FRED | د.ج5.98 | د.ج5.81 | +2.82% |
100 FRED | د.ج11.95 | د.ج11.63 | +2.82% |
500 FRED | د.ج59.77 | د.ج58.14 | +2.82% |
1000 FRED | د.ج119.53 | د.ج116.29 | +2.82% |
FRED to DZD FAQ
What factors influence the conversion rate of FRED to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of First Convicted Raccon Fred in the US is $0.0009219 USD. Additionally, First Convicted Raccon Fred’s price is €0.0007854 EUR in the eurozone, £0.0006894 GBP in the UK, C$0.001270 CAD in Canada, ₹0.08351 INR in India, ₨0.2579 PKR in Pakistan, R$0.004996 BRL in Brazil, and more.
The most popular First Convicted Raccon Fred currency pair is the FRED to Algerian Dinar(DZD). The price of 1 First Convicted Raccon Fred (FRED) in Algerian Dinar (DZD) is د.ج0.1195.
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