


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 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.
WMATIC to DZD conversion rate trend
WMATIC to DZD market statistics
More info about Wrapped Matic on Bitget
Current WMATIC to DZD exchange rate
Wrapped Matic to Algerian Dinar is falling this week.WMATIC to DZD Conversion tables
The exchange rate of Wrapped Matic is decreasing.WMATIC to DZD
DZD to WMATIC
WMATIC to DZD Today vs. 24 hours ago
Amount | 01:16 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 WMATIC | د.ج14.15 | د.ج13.97 | +0.46% |
1 WMATIC | د.ج28.3 | د.ج27.94 | +0.46% |
5 WMATIC | د.ج141.48 | د.ج139.72 | +0.46% |
10 WMATIC | د.ج282.95 | د.ج279.45 | +0.46% |
50 WMATIC | د.ج1,414.76 | د.ج1,397.23 | +0.46% |
100 WMATIC | د.ج2,829.52 | د.ج2,794.46 | +0.46% |
500 WMATIC | د.ج14,147.59 | د.ج13,972.3 | +0.46% |
1000 WMATIC | د.ج28,295.19 | د.ج27,944.6 | +0.46% |
WMATIC to DZD Today vs. 1 month ago
Amount | 01:16 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 WMATIC | د.ج14.15 | د.ج25.48 | -22.81% |
1 WMATIC | د.ج28.3 | د.ج50.96 | -22.81% |
5 WMATIC | د.ج141.48 | د.ج254.78 | -22.81% |
10 WMATIC | د.ج282.95 | د.ج509.56 | -22.81% |
50 WMATIC | د.ج1,414.76 | د.ج2,547.81 | -22.81% |
100 WMATIC | د.ج2,829.52 | د.ج5,095.63 | -22.81% |
500 WMATIC | د.ج14,147.59 | د.ج25,478.14 | -22.81% |
1000 WMATIC | د.ج28,295.19 | د.ج50,956.28 | -22.81% |
WMATIC to DZD Today vs. 1 year ago
Amount | 01:16 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 WMATIC | د.ج14.15 | د.ج19.83 | -12.90% |
1 WMATIC | د.ج28.3 | د.ج39.65 | -12.90% |
5 WMATIC | د.ج141.48 | د.ج198.25 | -12.90% |
10 WMATIC | د.ج282.95 | د.ج396.5 | -12.90% |
50 WMATIC | د.ج1,414.76 | د.ج1,982.51 | -12.90% |
100 WMATIC | د.ج2,829.52 | د.ج3,965.01 | -12.90% |
500 WMATIC | د.ج14,147.59 | د.ج19,825.05 | -12.90% |
1000 WMATIC | د.ج28,295.19 | د.ج39,650.11 | -12.90% |
How to convert WMATIC to DZD



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