CYT to DZD Converter and calculator


Conversion rates
Convert CYT to DZD
Convert DZD to CYT
CYT to DZD chart
CYT to DZD conversion data: Volatility and price changes of Coinary Token in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.08531 DZD | 0.08736 DZD | 0.09165 DZD | 0.1130 DZD |
Low | 0.08404 DZD | 0.08391 DZD | 0.07479 DZD | 0.07479 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +0.37% | -2.14% | -5.91% | -17.50% |
Coinary Token information
CYT to DZD market statistics
Current CYT to DZD exchange rate
Coinary Token to Algerian Dinar is falling this week.More info about Coinary Token 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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How to convert CYT to DZD



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CYT to DZD Conversion tables
Amount | 16:50 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CYT | د.ج0.04218 | د.ج0.04202 | +0.37% |
1 CYT | د.ج0.08435 | د.ج0.08404 | +0.37% |
5 CYT | د.ج0.4218 | د.ج0.4202 | +0.37% |
10 CYT | د.ج0.8435 | د.ج0.8404 | +0.37% |
50 CYT | د.ج4.22 | د.ج4.2 | +0.37% |
100 CYT | د.ج8.44 | د.ج8.4 | +0.37% |
500 CYT | د.ج42.18 | د.ج42.02 | +0.37% |
1000 CYT | د.ج84.35 | د.ج84.04 | +0.37% |
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