


SAR 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.
NEU to SAR conversion rate trend
NEU to SAR market statistics
More info about Neutra Finance on Bitget
Current NEU to SAR exchange rate
Neutra Finance to Algerian Dinar is rising this week.NEU to SAR Conversion tables
The exchange rate of Neutra Finance is decreasing.NEU to SAR
SAR to NEU
NEU to SAR Today vs. 24 hours ago
Amount | 06:04 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 NEU | ر.س0.1095 | ر.س0.1095 | 0.00% |
1 NEU | ر.س0.2191 | ر.س0.2191 | 0.00% |
5 NEU | ر.س1.1 | ر.س1.1 | 0.00% |
10 NEU | ر.س2.19 | ر.س2.19 | 0.00% |
50 NEU | ر.س10.95 | ر.س10.95 | 0.00% |
100 NEU | ر.س21.91 | ر.س21.91 | 0.00% |
500 NEU | ر.س109.53 | ر.س109.53 | 0.00% |
1000 NEU | ر.س219.07 | ر.س219.07 | 0.00% |
NEU to SAR Today vs. 1 month ago
Amount | 06:04 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 NEU | ر.س0.1095 | ر.س0.1118 | -2.00% |
1 NEU | ر.س0.2191 | ر.س0.2235 | -2.00% |
5 NEU | ر.س1.1 | ر.س1.12 | -2.00% |
10 NEU | ر.س2.19 | ر.س2.24 | -2.00% |
50 NEU | ر.س10.95 | ر.س11.18 | -2.00% |
100 NEU | ر.س21.91 | ر.س22.35 | -2.00% |
500 NEU | ر.س109.53 | ر.س111.76 | -2.00% |
1000 NEU | ر.س219.07 | ر.س223.53 | -2.00% |
NEU to SAR Today vs. 1 year ago
Amount | 06:04 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 NEU | ر.س0.1095 | ر.س0.2682 | -59.17% |
1 NEU | ر.س0.2191 | ر.س0.5365 | -59.17% |
5 NEU | ر.س1.1 | ر.س2.68 | -59.17% |
10 NEU | ر.س2.19 | ر.س5.36 | -59.17% |
50 NEU | ر.س10.95 | ر.س26.82 | -59.17% |
100 NEU | ر.س21.91 | ر.س53.65 | -59.17% |
500 NEU | ر.س109.53 | ر.س268.24 | -59.17% |
1000 NEU | ر.س219.07 | ر.س536.49 | -59.17% |
How to convert NEU to SAR



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