PRX to DZD Converter and calculator


Conversion rates
Convert PRX to DZD
Convert DZD to PRX
PRX to DZD chart
PRX to DZD conversion data: Volatility and price changes of Parex in DZD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.7284 DZD | 0.8277 DZD | 1.1 DZD | 3.19 DZD |
Low | 0.6809 DZD | 0.6452 DZD | 0.6452 DZD | 0.6452 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +1.50% | +0.21% | -29.29% | -58.87% |
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Parex information
PRX to DZD market statistics
Current PRX to DZD exchange rate
Parex to Algerian Dinar is rising this week.More info about Parex 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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PRX to DZD Conversion tables
| Amount | 16:23 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 PRX | د.ج0.3472 | د.ج0.3420 | +1.50% |
1 PRX | د.ج0.6944 | د.ج0.6840 | +1.50% |
5 PRX | د.ج3.47 | د.ج3.42 | +1.50% |
10 PRX | د.ج6.94 | د.ج6.84 | +1.50% |
50 PRX | د.ج34.72 | د.ج34.2 | +1.50% |
100 PRX | د.ج69.44 | د.ج68.4 | +1.50% |
500 PRX | د.ج347.2 | د.ج341.98 | +1.50% |
1000 PRX | د.ج694.41 | د.ج683.97 | +1.50% |
PRX to DZD FAQ
What factors influence the conversion rate of PRX to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Parex in the US is $0.005340 USD. Additionally, Parex’s price is €0.004584 EUR in the eurozone, £0.004008 GBP in the UK, C$0.007373 CAD in Canada, ₹0.4809 INR in India, ₨1.5 PKR in Pakistan, R$0.02881 BRL in Brazil, and more.
The most popular Parex currency pair is the PRX to Algerian Dinar(DZD). The price of 1 Parex (PRX) in Algerian Dinar (DZD) is د.ج0.6944.
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