SOV
DZD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Sovryn(SOV) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 SOV at a value of 1 SOV for 162.95 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 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.
Bitget crypto-to-fiat exchange data shows that the most popular Sovryn currency pair is the SOV to DZD, with for Sovryn's currency code being SOV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.
SOV to DZD conversion rate trend
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In the past 1D, Sovryn has changed -1.99% to DZD. Based on the trend and price charts, Sovryn(SOV) has changed -1.99% to DZD while Algerian Dinar(DZD) has changed % to SOV in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ج162.95 | 0.0001% / 0.0004%  VIP | |
Gate.io | د.ج163.15 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 20:00:18(UTC+0)
How to buy Sovryn
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Buy Sovryn (SOV)
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What factors influence the conversion rate of Sovryn to Algerian Dinar?
Sovryn to Algerian Dinar is falling this week.Sovryn's current market price is د.ج 162.95 per SOV, with a total market cap of د.ج 10,055,281,967.35 DZD based on a circulating supply of 61,709,260 SOV. The trading volume of Sovryn has changed by -0.59% (د.ج -129,267.01 DZD) in the last 24 hours. Last trading day, SOV's trading volume was د.ج 21,787,799.17.
Market cap
$74.83M
24h volume
$161.19K
Circulating supply
61.71M SOV
Conversion tables
The exchange rate of Sovryn is decreasing.1 SOV is currently valued at د.ج 162.95 DZD , which means buying 5 SOV will cost د.ج 814.73 DZD . Similarly, د.ج1 DZD can be traded for 0.006137 SOV, and د.ج50 DZD can be converted to 0.3068 SOV, excluding any platform or gas fees.
The exchange rate of 1 SOV to Algerian Dinar has changed by -15.32% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.99%, reaching a high of 169.29 DZD and a low of 160.86 DZD . One month ago, the value of 1 SOV was د.ج 244.88 DZD , which represents a -33.46% change from its current value. Over the last year, Sovryn has changed by , resulting in a change of +200.72% in its value.
+د.ج
108.77DZDSOV to DZD
Amount
20:28 today
0.5 SOV
د.ج81.47
1 SOV
د.ج162.95
5 SOV
د.ج814.73
10 SOV
د.ج1,629.46
50 SOV
د.ج8,147.3
100 SOV
د.ج16,294.61
500 SOV
د.ج81,473.04
1000 SOV
د.ج162,946.08
DZD to SOV
Amount20:28 today
0.5DZD0.003068 SOV
1DZD0.006137 SOV
5DZD0.03068 SOV
10DZD0.06137 SOV
50DZD0.3068 SOV
100DZD0.6137 SOV
500DZD3.07 SOV
1000DZD6.14 SOV
Today vs. 24 hours ago
| Amount | 20:28 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOV | $0.6063 | $0.6187 | -1.99% |
| 1 SOV | $1.21 | $1.24 | -1.99% |
| 5 SOV | $6.06 | $6.19 | -1.99% |
| 10 SOV | $12.13 | $12.37 | -1.99% |
| 50 SOV | $60.63 | $61.87 | -1.99% |
| 100 SOV | $121.27 | $123.73 | -1.99% |
| 500 SOV | $606.35 | $618.67 | -1.99% |
| 1000 SOV | $1,212.7 | $1,237.33 | -1.99% |
Today vs. 1 month ago
| Amount | 20:28 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOV | $0.6063 | $0.9112 | -33.46% |
| 1 SOV | $1.21 | $1.82 | -33.46% |
| 5 SOV | $6.06 | $9.11 | -33.46% |
| 10 SOV | $12.13 | $18.22 | -33.46% |
| 50 SOV | $60.63 | $91.12 | -33.46% |
| 100 SOV | $121.27 | $182.25 | -33.46% |
| 500 SOV | $606.35 | $911.24 | -33.46% |
| 1000 SOV | $1,212.7 | $1,822.49 | -33.46% |
Today vs. 1 year ago
| Amount | 20:28 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOV | $0.6063 | $0.2016 | +200.72% |
| 1 SOV | $1.21 | $0.4032 | +200.72% |
| 5 SOV | $6.06 | $2.02 | +200.72% |
| 10 SOV | $12.13 | $4.03 | +200.72% |
| 50 SOV | $60.63 | $20.16 | +200.72% |
| 100 SOV | $121.27 | $40.32 | +200.72% |
| 500 SOV | $606.35 | $201.6 | +200.72% |
| 1000 SOV | $1,212.7 | $403.2 | +200.72% |
Sovryn price prediction
What will the price of SOV be in 2025?
Based on SOV's historical price performance prediction model, the price of SOV is projected to reach $1.5 in 2025.
What will the price of SOV be in 2030?
In 2030, the SOV price is expected to rise by -11.00%. By the end of 2030, the SOV price is projected to reach $1.67, with a cumulative ROI of +37.45%.
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Popular Sovryn conversions
Check out these popular currency conversions of Sovryn to several fiat currencies.
Sovryn to USD
1 SOV to $ 1.21 USD
Sovryn to GBP
1 SOV to £ 0.9521 GBP
Sovryn to EUR
1 SOV to € 1.12 EUR
Sovryn to KRW
1 SOV to ₩ 1,677.27 KRW
Sovryn to CAD
1 SOV to $ 1.66 CAD
Sovryn to AUD
1 SOV to $ 1.82 AUD
Sovryn to JPY
1 SOV to ¥ 190.7 JPY
Sovryn to BRL
1 SOV to R$ 6.36 BRL
Sovryn to CNY
1 SOV to ¥ 8.8 CNY
Sovryn to TWD
1 SOV to NT$ 39.39 TWD
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1 MEW to د.ج 0.5727 DZD
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1 BRETT to د.ج -- DZD
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1 PEPE to د.ج 0.001884 DZD
Ondo to DZD
1 ONDO to د.ج 180.53 DZD
JasmyCoin to DZD
1 JASMY to د.ج 5.06 DZD
Bitcoin to DZD
1 BTC to د.ج 9,077,580.49 DZD
Toncoin to DZD
1 TON to د.ج 885.27 DZD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Sovryn and DZD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Sovryn and DZD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Sovryn in DZD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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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.
