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base info Optimism

Optimism to Algerian Dinar Converter and calculator

Convert 1Optimism (OP) to Algerian Dinar (DZD) equals د.ج 313.92 | Bitget

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 Optimism currency pair is the OP to DZD, with for Optimism's currency code being OP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.

OP to DZD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Optimism has changed +11.79% to DZD. Based on the trend and price charts, Optimism(OP) has changed +11.79% to DZD while Algerian Dinar(DZD) has changed % to OP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ج299.87
0.0001% / 0.0004%vip-iconVIP
Binance
د.ج299.8
0.1000% / 0.1000%
Yes
Coinbase Exchange
د.ج300.2
0.1000% / 0.1000%
Yes
OKX
د.ج299.99
0.080% / 0.100%
Yes
Huobi
د.ج299.96
0.1000% / 0.1000%
Yes
Gate.io
د.ج299.89
0.1000% / 0.1000%
Yes
Bybit
د.ج300.06
0.1000% / 0.1000%
Yes
KuCoin
د.ج299.8
0.1000% / 0.1000%
Yes
Bitfinex
د.ج299.09
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 22:00:38(UTC+0)

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

Optimism to Algerian Dinar is falling this week.
Optimism's current market price is د.ج 313.92 per OP, with a total market cap of د.ج 315,852,388,543.59 DZD based on a circulating supply of 1,006,141,600 OP. The trading volume of Optimism has changed by -19.30% (د.ج -16,164,837,318.85 DZD) in the last 24 hours. Last trading day, OP's trading volume was د.ج 83,771,693,634.77.
Market cap
$2.35B
24h volume
$501.98M
Circulating supply
1.01B OP

Conversion tables

The exchange rate of Optimism is decreasing.
1 OP is currently valued at د.ج 313.92 DZD , which means buying 5 OP will cost د.ج 1,569.62 DZD . Similarly, د.ج1 DZD can be traded for 0.003185 OP, and د.ج50 DZD can be converted to 0.1593 OP, excluding any platform or gas fees.
The exchange rate of 1 OP to Algerian Dinar has changed by -25.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.79%, reaching a high of 315.37 DZD and a low of 278.23 DZD . One month ago, the value of 1 OP was د.ج 510.1 DZD , which represents a -38.46% change from its current value. Over the last year, Optimism has changed by
-د.ج
53.38DZD
, resulting in a change of -14.53% in its value.

OP to DZD

Amount
22:49 today
0.5 OP
د.ج156.96
1 OP
د.ج313.92
5 OP
د.ج1,569.62
10 OP
د.ج3,139.24
50 OP
د.ج15,696.22
100 OP
د.ج31,392.44
500 OP
د.ج156,962.2
1000 OP
د.ج313,924.4

DZD to OP

Amount22:49 today
0.5DZD0.001593  OP
1DZD0.003185  OP
5DZD0.01593  OP
10DZD0.03185  OP
50DZD0.1593  OP
100DZD0.3185  OP
500DZD1.59  OP
1000DZD3.19  OP
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Today vs. 24 hours ago

Amount22:49 today24 hours ago24h change
0.5 OP$1.17$1.04
+11.79%
1 OP$2.33$2.09
+11.79%
5 OP$11.65$10.43
+11.79%
10 OP$23.31$20.85
+11.79%
50 OP$116.54$104.25
+11.79%
100 OP$233.09$208.5
+11.79%
500 OP$1,165.44$1,042.51
+11.79%
1000 OP$2,330.87$2,085.02
+11.79%

Today vs. 1 month ago

Amount22:49 today1 month ago1M change
0.5 OP$1.17$1.89
-38.46%
1 OP$2.33$3.79
-38.46%
5 OP$11.65$18.94
-38.46%
10 OP$23.31$37.87
-38.46%
50 OP$116.54$189.37
-38.46%
100 OP$233.09$378.75
-38.46%
500 OP$1,165.44$1,893.74
-38.46%
1000 OP$2,330.87$3,787.48
-38.46%

Today vs. 1 year ago

Amount22:49 today1 year ago1Y change
0.5 OP$1.17$1.36
-14.53%
1 OP$2.33$2.73
-14.53%
5 OP$11.65$13.64
-14.53%
10 OP$23.31$27.27
-14.53%
50 OP$116.54$136.36
-14.53%
100 OP$233.09$272.72
-14.53%
500 OP$1,165.44$1,363.61
-14.53%
1000 OP$2,330.87$2,727.23
-14.53%

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.