


MKD 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.
CAI to MKD conversion rate trend
CAI to MKD market statistics
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Current CAI to MKD exchange rate
Colony Avalanche Index to Algerian Dinar is rising this week.CAI to MKD Conversion tables
The exchange rate of Colony Avalanche Index is decreasing.CAI to MKD
MKD to CAI
CAI to MKD Today vs. 24 hours ago
Amount | 23:54 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CAI | ден2,160.4 | ден2,246.37 | -3.84% |
1 CAI | ден4,320.8 | ден4,492.74 | -3.84% |
5 CAI | ден21,604.01 | ден22,463.68 | -3.84% |
10 CAI | ден43,208.02 | ден44,927.36 | -3.84% |
50 CAI | ден216,040.12 | ден224,636.81 | -3.84% |
100 CAI | ден432,080.25 | ден449,273.61 | -3.84% |
500 CAI | ден2,160,401.24 | ден2,246,368.05 | -3.84% |
1000 CAI | ден4,320,802.48 | ден4,492,736.1 | -3.84% |
CAI to MKD Today vs. 1 month ago
Amount | 23:54 today | 1 month ago | 1M change |
---|---|---|---|
0.5 CAI | ден2,160.4 | ден2,285.28 | -5.48% |
1 CAI | ден4,320.8 | ден4,570.55 | -5.48% |
5 CAI | ден21,604.01 | ден22,852.77 | -5.48% |
10 CAI | ден43,208.02 | ден45,705.54 | -5.48% |
50 CAI | ден216,040.12 | ден228,527.72 | -5.48% |
100 CAI | ден432,080.25 | ден457,055.45 | -5.48% |
500 CAI | ден2,160,401.24 | ден2,285,277.25 | -5.48% |
1000 CAI | ден4,320,802.48 | ден4,570,554.49 | -5.48% |
CAI to MKD Today vs. 1 year ago
Amount | 23:54 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 CAI | ден2,160.4 | ден5,121.47 | -57.90% |
1 CAI | ден4,320.8 | ден10,242.95 | -57.90% |
5 CAI | ден21,604.01 | ден51,214.73 | -57.90% |
10 CAI | ден43,208.02 | ден102,429.47 | -57.90% |
50 CAI | ден216,040.12 | ден512,147.33 | -57.90% |
100 CAI | ден432,080.25 | ден1,024,294.66 | -57.90% |
500 CAI | ден2,160,401.24 | ден5,121,473.32 | -57.90% |
1000 CAI | ден4,320,802.48 | ден10,242,946.63 | -57.90% |
How to convert CAI to MKD



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