VMT to DZD Converter and calculator


Conversion rates
Convert VMT to DZD
Convert DZD to VMT
VMT to DZD chart
VMT to DZD conversion data: Volatility and price changes of Vemate in DZD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.4996 DZD | 0.5945 DZD | 0.8919 DZD | 0.8919 DZD |
Low | 0.4864 DZD | 0.4765 DZD | 0.4390 DZD | 0.3940 DZD |
Average | 0 DZD | 0 DZD | 0 DZD | 0 DZD |
Volatility | % | % | % | % |
Change | +2.71% | -2.21% | +8.63% | +27.50% |
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Vemate information
VMT to DZD market statistics
Current VMT to DZD exchange rate
Vemate to Algerian Dinar is falling this week.More info about Vemate 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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VMT to DZD Conversion tables
Amount | 16:08 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 VMT | د.ج0.2498 | د.ج0.2432 | +2.71% |
1 VMT | د.ج0.4996 | د.ج0.4864 | +2.71% |
5 VMT | د.ج2.5 | د.ج2.43 | +2.71% |
10 VMT | د.ج5 | د.ج4.86 | +2.71% |
50 VMT | د.ج24.98 | د.ج24.32 | +2.71% |
100 VMT | د.ج49.96 | د.ج48.64 | +2.71% |
500 VMT | د.ج249.8 | د.ج243.2 | +2.71% |
1000 VMT | د.ج499.59 | د.ج486.41 | +2.71% |
VMT to DZD FAQ
What factors influence the conversion rate of VMT to DZD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Vemate in the US is $0.003854 USD. Additionally, Vemate’s price is €0.003305 EUR in the eurozone, £0.002870 GBP in the UK, C$0.005405 CAD in Canada, ₹0.3392 INR in India, ₨1.09 PKR in Pakistan, R$0.02084 BRL in Brazil, and more.
The most popular Vemate currency pair is the VMT to Algerian Dinar(DZD). The price of 1 Vemate (VMT) in Algerian Dinar (DZD) is د.ج0.4996.
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