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Mdex to Algerian Dinar Converter and calculator

Convert 1Mdex (MDX) to Algerian Dinar (DZD) equals د.ج 1.55 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Mdex(MDX) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 MDX at a value of 1 MDX for 1.55 DZD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Algerias 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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Bitget crypto-to-fiat exchange data shows that the most popular Mdex currency pair is the MDX to DZD, with for Mdex's currency code being MDX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.

MDX to DZD conversion rate trend

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In the past 1D, Mdex has changed -0.61% to DZD. Based on the trend and price charts, Mdex(MDX) has changed -0.61% to DZD while Algerian Dinar(DZD) has changed % to MDX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ج1.57
0.0200% / 0.0320%vip-iconVIP 7
Binance
د.ج4.61
0.1000% / 0.1000%
Yes
Huobi
د.ج1.59
0.1000% / 0.1000%
Yes
Gate.io
د.ج1.56
0.1000% / 0.1000%
Yes
Last updated 2024/11/18 16:00:17(UTC+0)

How to buy Mdex

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Buy Mdex (MDX)
Use a variety of payment options to buy Mdex on Bitget. We'll show you how.

Buy MDX (or USDT) for DZD (Algerian Dinar) offers

Bitget P2P trading does not currently support direct buying of MDX with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy MDX with USDT via Bitget spot market.
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Low to high
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Sell MDX (or USDT) for DZD (Algerian Dinar) offers

Bitget P2P trading currently does not support direct selling of MDX to DZD. However, you can first exchange MDX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Mdex to Algerian Dinar?

Mdex to Algerian Dinar is falling this week.
Mdex's current market price is د.ج 1.55 per MDX, with a total market cap of د.ج 1,473,518,833.65 DZD based on a circulating supply of 950,246,900 MDX. The trading volume of Mdex has changed by +4.67% (د.ج 1,313,469.87 DZD) in the last 24 hours. Last trading day, MDX's trading volume was د.ج 28,130,512.06.
Market cap
$11.04M
24h volume
$220.51K
Circulating supply
950.25M MDX

Conversion tables

The exchange rate of Mdex is decreasing.
1 MDX is currently valued at د.ج 1.55 DZD , which means buying 5 MDX will cost د.ج 7.75 DZD . Similarly, د.ج1 DZD can be traded for 0.6449 MDX, and د.ج50 DZD can be converted to 32.24 MDX, excluding any platform or gas fees.
The exchange rate of 1 MDX to Algerian Dinar has changed by -37.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.61%, reaching a high of 2.12 DZD and a low of 1.47 DZD . One month ago, the value of 1 MDX was د.ج 1.89 DZD , which represents a -18.07% change from its current value. Over the last year, Mdex has changed by
-د.ج
6.74DZD
, resulting in a change of -81.38% in its value.

MDX to DZD

Amount
16:45 today
0.5 MDX
د.ج0.7753
1 MDX
د.ج1.55
5 MDX
د.ج7.75
10 MDX
د.ج15.51
50 MDX
د.ج77.53
100 MDX
د.ج155.07
500 MDX
د.ج775.33
1000 MDX
د.ج1,550.67

DZD to MDX

Amount16:45 today
0.5DZD0.3224  MDX
1DZD0.6449  MDX
5DZD3.22  MDX
10DZD6.45  MDX
50DZD32.24  MDX
100DZD64.49  MDX
500DZD322.44  MDX
1000DZD644.88  MDX

Today vs. 24 hours ago

Amount16:45 today24 hours ago24h change
0.5 MDX$0.005807$0.005842
-0.61%
1 MDX$0.01161$0.01168
-0.61%
5 MDX$0.05807$0.05842
-0.61%
10 MDX$0.1161$0.1168
-0.61%
50 MDX$0.5807$0.5842
-0.61%
100 MDX$1.16$1.17
-0.61%
500 MDX$5.81$5.84
-0.61%
1000 MDX$11.61$11.68
-0.61%

Today vs. 1 month ago

Amount16:45 today1 month ago1M change
0.5 MDX$0.005807$0.007080
-18.07%
1 MDX$0.01161$0.01416
-18.07%
5 MDX$0.05807$0.07080
-18.07%
10 MDX$0.1161$0.1416
-18.07%
50 MDX$0.5807$0.7080
-18.07%
100 MDX$1.16$1.42
-18.07%
500 MDX$5.81$7.08
-18.07%
1000 MDX$11.61$14.16
-18.07%

Today vs. 1 year ago

Amount16:45 today1 year ago1Y change
0.5 MDX$0.005807$0.03103
-81.38%
1 MDX$0.01161$0.06206
-81.38%
5 MDX$0.05807$0.3103
-81.38%
10 MDX$0.1161$0.6206
-81.38%
50 MDX$0.5807$3.1
-81.38%
100 MDX$1.16$6.21
-81.38%
500 MDX$5.81$31.03
-81.38%
1000 MDX$11.61$62.06
-81.38%

Mdex price prediction

What will the price of MDX be in 2025?

Based on MDX's historical price performance prediction model, the price of MDX is projected to reach $0.02759 in 2025.

What will the price of MDX be in 2030?

In 2030, the MDX price is expected to change by -1.00%. By the end of 2030, the MDX price is projected to reach $0.02302, with a cumulative ROI of +95.88%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Mdex and DZD.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Mdex and DZD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Mdex in DZD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.