LAY to DZD Converter and calculator


Conversion rates
Convert LAY to DZD
Convert DZD to LAY
LAY to DZD chart
LAY to DZD conversion data: Volatility and price changes of Loomlay in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 2.26 DZD | 3.88 DZD | 3.88 DZD | 6.7 DZD |
Low | 1.88 DZD | 1.88 DZD | 0.8900 DZD | 0.8900 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | -10.53% | -20.84% | +69.66% | +60.94% |
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Loomlay information
LAY to DZD market statistics
Current LAY to DZD exchange rate
Loomlay to Algerian Dinar is falling this week.More info about Loomlay on Bitget
Algerian Dinar 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.
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LAY to DZD Conversion tables
Amount | 06:39 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LAY | د.ج0.9877 | د.ج1.1 | -10.53% |
1 LAY | د.ج1.98 | د.ج2.21 | -10.53% |
5 LAY | د.ج9.88 | د.ج11.05 | -10.53% |
10 LAY | د.ج19.75 | د.ج22.09 | -10.53% |
50 LAY | د.ج98.77 | د.ج110.47 | -10.53% |
100 LAY | د.ج197.54 | د.ج220.95 | -10.53% |
500 LAY | د.ج987.71 | د.ج1,104.73 | -10.53% |
1000 LAY | د.ج1,975.42 | د.ج2,209.47 | -10.53% |
LAY to DZD FAQ
What factors influence the conversion rate of LAY to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Loomlay in the US is $0.01523 USD. Additionally, Loomlay’s price is €0.01303 EUR in the eurozone, £0.01127 GBP in the UK, C$0.02094 CAD in Canada, ₹1.34 INR in India, ₨4.31 PKR in Pakistan, R$0.08270 BRL in Brazil, and more.
The most popular Loomlay currency pair is the LAY to Algerian Dinar(DZD). The price of 1 Loomlay (LAY) in Algerian Dinar (DZD) is د.ج1.98.
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