Bitget converter provides VELVET to DZD real-time exchange rates, making it easy to convert Velvet (VELVET) to Algerian Dinar (DZD). The conversion result is based on real-time data. The conversion result shows that 1 VELVET is currently valued at 8.31 DZD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELVET is currently valued at 8.31 DZD, which means buying 5 VELVET would cost 41.57 DZD. Similarly, د.ج1 DZD can be converted to 0.1203 VELVET, and د.ج50 DZD can be converted to 0.6014 VELVET, excluding any platform or gas fees.
Conversion rates
Convert VELVET to DZD
Convert DZD to VELVET
Velvet
Algerian Dinar
1 VELVET
8.31 DZD
Exchange 1 VELVET for 8.31 DZD
2 VELVET
16.63 DZD
Exchange 2 VELVET for 16.63 DZD
5 VELVET
41.57 DZD
Exchange 5 VELVET for 41.57 DZD
10 VELVET
83.14 DZD
Exchange 10 VELVET for 83.14 DZD
20 VELVET
166.29 DZD
Exchange 20 VELVET for 166.29 DZD
50 VELVET
415.72 DZD
Exchange 50 VELVET for 415.72 DZD
100 VELVET
831.45 DZD
Exchange 100 VELVET for 831.45 DZD
200 VELVET
1,662.9 DZD
Exchange 200 VELVET for 1,662.9 DZD
500 VELVET
4,157.25 DZD
Exchange 500 VELVET for 4,157.25 DZD
1000 VELVET
8,314.49 DZD
Exchange 1000 VELVET for 8,314.49 DZD
5000 VELVET
41,572.46 DZD
Exchange 5000 VELVET for 41,572.46 DZD
10000 VELVET
83,144.92 DZD
Exchange 10000 VELVET for 83,144.92 DZD
In the table above, you'll find a comprehensive VELVET to DZD converter that shows the value of Velvet in Algerian Dinar across commonly used conversion amounts. The list covers conversions from 1 VELVET to DZD, all the way up to 10000 VELVET, providing a clear view of their respective values.
Algerian Dinar
Velvet
1 DZD
0.1203 VELVET
Exchange 1 DZD for 0.1203 VELVET
10 DZD
1.2 VELVET
Exchange 10 DZD for 1.2 VELVET
50 DZD
6.01 VELVET
Exchange 50 DZD for 6.01 VELVET
100 DZD
12.03 VELVET
Exchange 100 DZD for 12.03 VELVET
200 DZD
24.05 VELVET
Exchange 200 DZD for 24.05 VELVET
500 DZD
60.14 VELVET
Exchange 500 DZD for 60.14 VELVET
1000 DZD
120.27 VELVET
Exchange 1000 DZD for 120.27 VELVET
2000 DZD
240.54 VELVET
Exchange 2000 DZD for 240.54 VELVET
5000 DZD
601.36 VELVET
Exchange 5000 DZD for 601.36 VELVET
10000 DZD
1,202.72 VELVET
Exchange 10000 DZD for 1,202.72 VELVET
50000 DZD
6,013.6 VELVET
Exchange 50000 DZD for 6,013.6 VELVET
100000 DZD
12,027.19 VELVET
Exchange 100000 DZD for 12,027.19 VELVET
In the table above, you'll find a comprehensive DZD to VELVET converter that shows the value of Algerian Dinar in Velvet across commonly used conversion amounts. The list covers conversions from 1 DZD to VELVET, all the way up to 100000 DZD, providing a clear view of their respective values.
In the past 1D, Velvet has changed +9.16% to DZD. Based on the trend and price charts, Velvet(VELVET) has changed +9.16% to DZD while Algerian Dinar(DZD) has changed % to VELVET in the last 24 hours.
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VELVET to DZD conversion data: Volatility and price changes of Velvet in DZD
The highest Velvet price in DZD over the past 7 days was 11.38 DZD while the lowest Velvet price in DZD over the past 7 days was 5.86 DZD. The relative change between the highs and lows in Velvet price in DZD over the last 7 days indicates a volatility of %. You can view additional volatility data and VELVET to DZD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
8.66 DZD
11.38 DZD
11.38 DZD
11.38 DZD
Low
7.14 DZD
5.86 DZD
4.17 DZD
4.17 DZD
Average
0 DZD
0 DZD
0 DZD
0 DZD
Volatility
%
%
%
%
Change
+9.16%
-4.77%
+15.54%
-11.73%
Buy
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Buy VELVET (or USDT) for DZD (Algerian Dinar) offers
Velvet's current market price is د.ج8.31 per VELVET, with a total market cap of د.ج2,064,211,115.12 DZD based on a circulating supply of 248,266,670 VELVET. The trading volume of Velvet has changed by +26.04% (د.ج1,010,947,535.46 DZD) in the last 24 hours. Last trading day, VELVET's trading volume was د.ج3,882,958,020.62.
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 Velvet currency pair is the VELVET to DZD, with for Velvet's currency code being VELVET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.
The exchange rate of 1 VELVET to Algerian Dinar has changed by -4.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.16%, reaching a high of 8.66 DZD and a low of 7.14 DZD . One month ago, the value of 1 VELVET was د.ج0.01315 DZD , which represents a +15.54% change from its current value. Over the last year, Velvet has changed by
+د.ج
8.3DZD
, resulting in a change of +27.26% in its value.
24 hours ago1 month ago1 year ago
Amount
18:04 today
24 hours ago
24h change
0.5 VELVET
د.ج4.16
د.ج3.81
+9.16%
1 VELVET
د.ج8.31
د.ج7.62
+9.16%
5 VELVET
د.ج41.57
د.ج38.09
+9.16%
10 VELVET
د.ج83.14
د.ج76.18
+9.16%
50 VELVET
د.ج415.72
د.ج380.89
+9.16%
100 VELVET
د.ج831.45
د.ج761.78
+9.16%
500 VELVET
د.ج4,157.25
د.ج3,808.91
+9.16%
1000 VELVET
د.ج8,314.49
د.ج7,617.81
+9.16%
VELVET to DZD FAQ
How much is 1 Velvet in DZD?
Right now, the price of 1 Velvet (VELVET) in Algerian Dinar (DZD) is د.ج8.31.
How much VELVET can I buy for 1 DZD?
Based on the current exchange rate, you can get 0.1203 VELVET for 1 DZD.
How do I calculate or convert VELVET to DZD?
You can use our VELVET to DZD calculator at the top of this page to convert any amount of VELVET to DZD. We've also included quick-reference tables for the most popular conversions. For example, 5 DZD is equivalent to 0.6014 VELVET, while 5 VELVET will cost around 41.57DZD.
What is the highest price of VELVET/DZD in history?
The all-time high price of 1 VELVET in DZD is د.ج11.38. It remains to be seen if the value of 1 VELVET/DZD will exceed the current all-time high.
What is the price trend of Velvet in DZD?
Over the past 7 days, the exchange rate of Velvet (VELVET) has gone down by 4.77%.
Over the last month, the exchange rate of Velvet (VELVET) has gone up by 15.54% against Algerian Dinar (DZD).
What factors influence the conversion rate of VELVET to DZD?
There are many factors that affect the relationship between Velvet 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 VELVET/DZD. When there is positive news in the market about the widespread adoption of VELVET or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VELVET/DZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VELVET/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.
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 VELVET/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 Velvet and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Velvet currency pairs: VELVET to US Dollar (USD), VELVET to Euro (EUR), VELVET to Pound Sterling (GBP), VELVET to Canadian Dollar (CAD), VELVET to Indian Rupee (INR), VELVET to Pakistani Rupee (PKR), VELVET to Brazilian Real (BRL), VELVET to… The price of Velvet in the US is $0.06389 USD. Additionally, Velvet’s price is €0.05510 EUR in the eurozone, £0.04764 GBP in the UK, C$0.08783 CAD in Canada, ₹5.5 INR in India, ₨18.21 PKR in Pakistan, R$0.3557 BRL in Brazil, and more. The most popular Velvet currency pair is the VELVET to Algerian Dinar(DZD). The price of 1 Velvet (VELVET) in Algerian Dinar (DZD) is د.ج8.31.
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.