SOLAMA to DZD Converter and calculator


Conversion rates
Convert SOLAMA to DZD
Convert DZD to SOLAMA
SOLAMA to DZD chart
SOLAMA to DZD conversion data: Volatility and price changes of Solama in DZD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.1636 DZD | 0.1701 DZD | 0.2168 DZD | 0.5340 DZD |
Low | 0.1539 DZD | 0.1359 DZD | 0.1243 DZD | 0.1243 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -2.57% | +14.09% | -17.46% | -68.13% |
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Solama information
SOLAMA to DZD market statistics
Current SOLAMA to DZD exchange rate
Solama to Algerian Dinar is rising this week.More info about Solama 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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SOLAMA to DZD Conversion tables
| Amount | 09:10 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 SOLAMA | د.ج0.07718 | د.ج0.07923 | -2.57% |
1 SOLAMA | د.ج0.1544 | د.ج0.1585 | -2.57% |
5 SOLAMA | د.ج0.7718 | د.ج0.7923 | -2.57% |
10 SOLAMA | د.ج1.54 | د.ج1.58 | -2.57% |
50 SOLAMA | د.ج7.72 | د.ج7.92 | -2.57% |
100 SOLAMA | د.ج15.44 | د.ج15.85 | -2.57% |
500 SOLAMA | د.ج77.18 | د.ج79.23 | -2.57% |
1000 SOLAMA | د.ج154.36 | د.ج158.46 | -2.57% |
SOLAMA to DZD FAQ
What factors influence the conversion rate of SOLAMA to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Solama in the US is $0.001187 USD. Additionally, Solama’s price is €0.001019 EUR in the eurozone, £0.0008901 GBP in the UK, C$0.001644 CAD in Canada, ₹0.1067 INR in India, ₨0.3330 PKR in Pakistan, R$0.006447 BRL in Brazil, and more.
The most popular Solama currency pair is the SOLAMA to Algerian Dinar(DZD). The price of 1 Solama (SOLAMA) in Algerian Dinar (DZD) is د.ج0.1544.
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