MVL to DZD Converter and calculator


Conversion rates
Convert MVL to DZD
Convert DZD to MVL
MVL to DZD chart
MVL to DZD conversion data: Volatility and price changes of MVL in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.3921 DZD | 0.4163 DZD | 0.4311 DZD | 0.4674 DZD |
Low | 0.3866 DZD | 0.3826 DZD | 0.3826 DZD | 0.3494 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +0.48% | -2.18% | -6.33% | -10.05% |
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MVL information
MVL to DZD market statistics
Current MVL to DZD exchange rate
MVL to Algerian Dinar is falling this week.More info about MVL 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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MVL to DZD Conversion tables
Amount | 17:26 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MVL | د.ج0.1954 | د.ج0.1944 | +0.48% |
1 MVL | د.ج0.3907 | د.ج0.3889 | +0.48% |
5 MVL | د.ج1.95 | د.ج1.94 | +0.48% |
10 MVL | د.ج3.91 | د.ج3.89 | +0.48% |
50 MVL | د.ج19.54 | د.ج19.44 | +0.48% |
100 MVL | د.ج39.07 | د.ج38.89 | +0.48% |
500 MVL | د.ج195.37 | د.ج194.43 | +0.48% |
1000 MVL | د.ج390.74 | د.ج388.85 | +0.48% |
MVL to DZD FAQ
What factors influence the conversion rate of MVL to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of MVL in the US is $0.003037 USD. Additionally, MVL’s price is €0.002631 EUR in the eurozone, £0.002286 GBP in the UK, C$0.004176 CAD in Canada, ₹0.2677 INR in India, ₨0.8601 PKR in Pakistan, R$0.01649 BRL in Brazil, and more.
The most popular MVL currency pair is the MVL to Algerian Dinar(DZD). The price of 1 MVL (MVL) in Algerian Dinar (DZD) is د.ج0.3907.
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