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Maker to Algerian Dinar Converter and calculator

Convert 1Maker (MKR) to Algerian Dinar (DZD) equals د.ج 420,027.16 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Maker(MKR) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 MKR at a value of 1 MKR for 420,027.16 DZD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

DZD 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 Algerias 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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Bitget crypto-to-fiat exchange data shows that the most popular Maker currency pair is the MKR to DZD, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.

MKR to DZD conversion rate trend

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In the past 1D, Maker has changed +4.28% to DZD. Based on the trend and price charts, Maker(MKR) has changed +4.28% to DZD while Algerian Dinar(DZD) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ج421,134.77
0.0001% / 0.0004%vip-iconVIP
Binance
د.ج421,949.05
0.1000% / 0.1000%
Yes
OKX
د.ج421,733.71
0.080% / 0.100%
Yes
Huobi
د.ج421,678.52
0.1000% / 0.1000%
Yes
Gate.io
د.ج421,200.72
0.1000% / 0.1000%
Yes
Bybit
د.ج420,805.01
0.1000% / 0.1000%
Yes
KuCoin
د.ج421,235.71
0.1000% / 0.1000%
Yes
Bitfinex
د.ج420,939.61
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 04:00:40(UTC+0)

What factors influence the conversion rate of Maker to Algerian Dinar?

Maker to Algerian Dinar is rising this week.
Maker's current market price is د.ج 420,027.16 per MKR, with a total market cap of د.ج 388,406,351,716.15 DZD based on a circulating supply of 924,717.25 MKR. The trading volume of Maker has changed by -22.05% (د.ج -3,161,277,593.88 DZD) in the last 24 hours. Last trading day, MKR's trading volume was د.ج 14,336,079,641.36.
Market cap
$2.89B
24h volume
$83.03M
Circulating supply
924.72K MKR

Conversion tables

The exchange rate of Maker is decreasing.
1 MKR is currently valued at د.ج 420,027.16 DZD , which means buying 5 MKR will cost د.ج 2,100,135.81 DZD . Similarly, د.ج1 DZD can be traded for 0.{5}2381 MKR, and د.ج50 DZD can be converted to 0.0001190 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Algerian Dinar has changed by +10.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.28%, reaching a high of 424,988.86 DZD and a low of 402,301.4 DZD . One month ago, the value of 1 MKR was د.ج 444,553.55 DZD , which represents a -5.52% change from its current value. Over the last year, Maker has changed by
+د.ج
58,024.31DZD
, resulting in a change of +352.62% in its value.

MKR to DZD

Amount
04:26 am today
0.5 MKR
د.ج210,013.58
1 MKR
د.ج420,027.16
5 MKR
د.ج2,100,135.81
10 MKR
د.ج4,200,271.61
50 MKR
د.ج21,001,358.06
100 MKR
د.ج42,002,716.12
500 MKR
د.ج210,013,580.59
1000 MKR
د.ج420,027,161.18

DZD to MKR

Amount04:26 am today
0.5DZD0.{5}1190  MKR
1DZD0.{5}2381  MKR
5DZD0.{4}1190  MKR
10DZD0.{4}2381  MKR
50DZD0.0001190  MKR
100DZD0.0002381  MKR
500DZD0.001190  MKR
1000DZD0.002381  MKR
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Today vs. 24 hours ago

Amount04:26 am today24 hours ago24h change
0.5 MKR$1,560.36$1,496.37
+4.28%
1 MKR$3,120.72$2,992.74
+4.28%
5 MKR$15,603.6$14,963.7
+4.28%
10 MKR$31,207.21$29,927.41
+4.28%
50 MKR$156,036.04$149,637.05
+4.28%
100 MKR$312,072.07$299,274.1
+4.28%
500 MKR$1,560,360.35$1,496,370.5
+4.28%
1000 MKR$3,120,720.7$2,992,741
+4.28%

Today vs. 1 month ago

Amount04:26 am today1 month ago1M change
0.5 MKR$1,560.36$1,651.47
-5.52%
1 MKR$3,120.72$3,302.95
-5.52%
5 MKR$15,603.6$16,514.74
-5.52%
10 MKR$31,207.21$33,029.47
-5.52%
50 MKR$156,036.04$165,147.35
-5.52%
100 MKR$312,072.07$330,294.7
-5.52%
500 MKR$1,560,360.35$1,651,473.5
-5.52%
1000 MKR$3,120,720.7$3,302,947
-5.52%

Today vs. 1 year ago

Amount04:26 am today1 year ago1Y change
0.5 MKR$1,560.36$344.81
+352.62%
1 MKR$3,120.72$689.61
+352.62%
5 MKR$15,603.6$3,448.06
+352.62%
10 MKR$31,207.21$6,896.11
+352.62%
50 MKR$156,036.04$34,480.57
+352.62%
100 MKR$312,072.07$68,961.13
+352.62%
500 MKR$1,560,360.35$344,805.65
+352.62%
1000 MKR$3,120,720.7$689,611.3
+352.62%

FAQ

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.