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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.70%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$88241.82 (+3.82%)Fear and Greed Index45(Neutral)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.70%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$88241.82 (+3.82%)Fear and Greed Index45(Neutral)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
DMD
DZD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Diamond(DMD) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 DMD at a value of 1 DMD for 194.46 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 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.
Bitget crypto-to-fiat exchange data shows that the most popular Diamond currency pair is the DMD to DZD, with for Diamond's currency code being DMD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.
DMD to DZD conversion rate trend
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In the past 1D, Diamond has changed +2.94% to DZD. Based on the trend and price charts, Diamond(DMD) has changed +2.94% to DZD while Algerian Dinar(DZD) has changed % to DMD in the last 24 hours.
DMD to DZD market statistics
DMD/DZD:
د.ج 194.46
DMD 24h volume:
د.ج 2,537,821.84
DMD market cap:
د.ج 749,909,335.63
DMD circulating supply:
3.86M DMD
More info about Diamond on Bitget
Current DMD to DZD exchange rate
Diamond to Algerian Dinar is rising this week.Diamond's current market price is د.ج 194.46 per DMD, with a total market cap of د.ج 749,909,335.63 DZD based on a circulating supply of 3,856,274 DMD. The trading volume of Diamond has changed by +17.71% (د.ج 381,817.58 DZD) in the last 24 hours. Last trading day, DMD's trading volume was د.ج 2,156,004.27.
DMD to DZD Conversion tables
The exchange rate of Diamond is decreasing.1 DMD is currently valued at د.ج 194.46 DZD , which means buying 5 DMD will cost د.ج 972.32 DZD . Similarly, د.ج1 DZD can be traded for 0.005142 DMD, and د.ج50 DZD can be converted to 0.2571 DMD, excluding any platform or gas fees.
The exchange rate of 1 DMD to Algerian Dinar has changed by +5.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.94%, reaching a high of 196.93 DZD and a low of 188.47 DZD . One month ago, the value of 1 DMD was د.ج 219.92 DZD , which represents a -11.56% change from its current value. Over the last year, Diamond has changed by , resulting in a change of -26.91% in its value.
-د.ج
71.67DZDDMD to DZD
Amount
21:31 today
0.5 DMD
د.ج97.23
1 DMD
د.ج194.46
5 DMD
د.ج972.32
10 DMD
د.ج1,944.65
50 DMD
د.ج9,723.24
100 DMD
د.ج19,446.48
500 DMD
د.ج97,232.38
1000 DMD
د.ج194,464.75
DZD to DMD
Amount21:31 today
0.5DZD0.002571 DMD
1DZD0.005142 DMD
5DZD0.02571 DMD
10DZD0.05142 DMD
50DZD0.2571 DMD
100DZD0.5142 DMD
500DZD2.57 DMD
1000DZD5.14 DMD
DMD to DZD Today vs. 24 hours ago
| Amount | 21:31 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DMD | د.ج97.23 | د.ج94.45 | +2.94% |
| 1 DMD | د.ج194.46 | د.ج188.9 | +2.94% |
| 5 DMD | د.ج972.32 | د.ج944.51 | +2.94% |
| 10 DMD | د.ج1,944.65 | د.ج1,889.03 | +2.94% |
| 50 DMD | د.ج9,723.24 | د.ج9,445.14 | +2.94% |
| 100 DMD | د.ج19,446.48 | د.ج18,890.27 | +2.94% |
| 500 DMD | د.ج97,232.38 | د.ج94,451.35 | +2.94% |
| 1000 DMD | د.ج194,464.75 | د.ج188,902.71 | +2.94% |
DMD to DZD Today vs. 1 month ago
| Amount | 21:31 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DMD | د.ج97.23 | د.ج109.96 | -11.56% |
| 1 DMD | د.ج194.46 | د.ج219.92 | -11.56% |
| 5 DMD | د.ج972.32 | د.ج1,099.6 | -11.56% |
| 10 DMD | د.ج1,944.65 | د.ج2,199.19 | -11.56% |
| 50 DMD | د.ج9,723.24 | د.ج10,995.97 | -11.56% |
| 100 DMD | د.ج19,446.48 | د.ج21,991.94 | -11.56% |
| 500 DMD | د.ج97,232.38 | د.ج109,959.71 | -11.56% |
| 1000 DMD | د.ج194,464.75 | د.ج219,919.42 | -11.56% |
DMD to DZD Today vs. 1 year ago
| Amount | 21:31 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DMD | د.ج97.23 | د.ج133.07 | -26.91% |
| 1 DMD | د.ج194.46 | د.ج266.13 | -26.91% |
| 5 DMD | د.ج972.32 | د.ج1,330.66 | -26.91% |
| 10 DMD | د.ج1,944.65 | د.ج2,661.32 | -26.91% |
| 50 DMD | د.ج9,723.24 | د.ج13,306.61 | -26.91% |
| 100 DMD | د.ج19,446.48 | د.ج26,613.21 | -26.91% |
| 500 DMD | د.ج97,232.38 | د.ج133,066.06 | -26.91% |
| 1000 DMD | د.ج194,464.75 | د.ج266,132.11 | -26.91% |
How to convert DMD to DZD
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert DMD to DZD
Use a variety of payment options to buy Diamond on Bitget. We'll show you how.
Buy DMD (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading does not currently support direct buying of DMD with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy DMD with USDT via Bitget spot market.
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Sell DMD (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading currently does not support direct selling of DMD to DZD. However, you can first exchange DMD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of DMD to DZD?
There are many factors that affect the relationship between Diamond and Algerian Dinar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of DMD/DZD. When there is positive news in the market about the widespread adoption of DMD or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DMD/DZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DMD/DZD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of DMD/DZD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Diamond and adjust their investment strategies accordingly in the evolving market.
Diamond price prediction
What will the price of DMD be in 2026?
Based on DMD's historical price performance prediction model, the price of DMD is projected to reach $1.82 in 2026.
What will the price of DMD be in 2031?
In 2031, the DMD price is expected to change by +38.00%. By the end of 2031, the DMD price is projected to reach $3.32, with a cumulative ROI of +134.11%.
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Popular Diamond Converter
Check out these popular currency conversions of Diamond to several fiat currencies.
DMD to TWD
1 DMD to NT$ 47.97 TWD
DMD to CNY
1 DMD to ¥ 10.54 CNY
DMD to USD
1 DMD to $ 1.45 USD
DMD to DZD
1 DMD to د.ج 194.46 DZD
DMD to EUR
1 DMD to € 1.34 EUR
DMD to CAD
1 DMD to $ 2.08 CAD
DMD to KRW
1 DMD to ₩ 2,131.38 KRW
DMD to JPY
1 DMD to ¥ 218.83 JPY
DMD to GBP
1 DMD to £ 1.12 GBP
DMD to BRL
1 DMD to R$ 8.37 BRL
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1 GOAL to د.ج 1.35 DZD
FLOKI to DZD
1 FLOKI to د.ج 0.009139 DZD
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1 CAKE to د.ج 351.22 DZD
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1 NPC to د.ج 1.91 DZD
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1 ETH.z to د.ج 278,601.9 DZD
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1 ELON to د.ج 0.{4}2146 DZD
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1 CHEEMS to د.ج 0.0002433 DZD
USDT.z to DZD
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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 Diamond 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 Diamond 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 Diamond 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.
