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Treasure to Algerian Dinar Converter and calculator

Convert 1Treasure (MAGIC) to Algerian Dinar (DZD) equals د.ج 118.91 | 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 Treasure(MAGIC) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 MAGIC at a value of 1 MAGIC for 118.91 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 Treasure currency pair is the MAGIC to DZD, with for Treasure's currency code being MAGIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.

MAGIC to DZD conversion rate trend

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In the past 1D, Treasure has changed +4.17% to DZD. Based on the trend and price charts, Treasure(MAGIC) has changed +4.17% to DZD while Algerian Dinar(DZD) has changed % to MAGIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ج120.28
0.0001% / 0.0004%vip-iconVIP
Binance
د.ج120.03
0.1000% / 0.1000%
Yes
OKX
د.ج120.14
0.080% / 0.100%
Yes
Huobi
د.ج120.07
0.1000% / 0.1000%
Yes
Gate.io
د.ج120.31
0.1000% / 0.1000%
Yes
Bybit
د.ج120.29
0.1000% / 0.1000%
Yes
KuCoin
د.ج120.39
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 16:00:20(UTC+0)

How to buy Treasure

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Treasure (MAGIC)
Use a variety of payment options to buy Treasure on Bitget. We'll show you how.

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

Treasure to Algerian Dinar is rising this week.
Treasure's current market price is د.ج 118.91 per MAGIC, with a total market cap of د.ج 30,535,385,950.56 DZD based on a circulating supply of 256,802,610 MAGIC. The trading volume of Treasure has changed by +96.34% (د.ج 3,109,771,684.27 DZD) in the last 24 hours. Last trading day, MAGIC's trading volume was د.ج 3,227,745,793.
Market cap
$227.25M
24h volume
$47.17M
Circulating supply
256.80M MAGIC

Conversion tables

The exchange rate of Treasure is increasing.
1 MAGIC is currently valued at د.ج 118.91 DZD , which means buying 5 MAGIC will cost د.ج 594.53 DZD . Similarly, د.ج1 DZD can be traded for 0.008410 MAGIC, and د.ج50 DZD can be converted to 0.4205 MAGIC, excluding any platform or gas fees.
The exchange rate of 1 MAGIC to Algerian Dinar has changed by +5.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.17%, reaching a high of 121.65 DZD and a low of 114.36 DZD . One month ago, the value of 1 MAGIC was د.ج 101.41 DZD , which represents a +17.27% change from its current value. Over the last year, Treasure has changed by
-د.ج
22.37DZD
, resulting in a change of -15.85% in its value.

MAGIC to DZD

Amount
16:57 today
0.5 MAGIC
د.ج59.45
1 MAGIC
د.ج118.91
5 MAGIC
د.ج594.53
10 MAGIC
د.ج1,189.06
50 MAGIC
د.ج5,945.3
100 MAGIC
د.ج11,890.61
500 MAGIC
د.ج59,453.03
1000 MAGIC
د.ج118,906.06

DZD to MAGIC

Amount16:57 today
0.5DZD0.004205  MAGIC
1DZD0.008410  MAGIC
5DZD0.04205  MAGIC
10DZD0.08410  MAGIC
50DZD0.4205  MAGIC
100DZD0.8410  MAGIC
500DZD4.21  MAGIC
1000DZD8.41  MAGIC
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Today vs. 24 hours ago

Amount16:57 today24 hours ago24h change
0.5 MAGIC$0.4425$0.4248
+4.17%
1 MAGIC$0.8849$0.8496
+4.17%
5 MAGIC$4.42$4.25
+4.17%
10 MAGIC$8.85$8.5
+4.17%
50 MAGIC$44.25$42.48
+4.17%
100 MAGIC$88.49$84.96
+4.17%
500 MAGIC$442.47$424.78
+4.17%
1000 MAGIC$884.94$849.55
+4.17%

Today vs. 1 month ago

Amount16:57 today1 month ago1M change
0.5 MAGIC$0.4425$0.3774
+17.27%
1 MAGIC$0.8849$0.7547
+17.27%
5 MAGIC$4.42$3.77
+17.27%
10 MAGIC$8.85$7.55
+17.27%
50 MAGIC$44.25$37.74
+17.27%
100 MAGIC$88.49$75.47
+17.27%
500 MAGIC$442.47$377.37
+17.27%
1000 MAGIC$884.94$754.74
+17.27%
Buy Treasure for 1 DZD
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Today vs. 1 year ago

Amount16:57 today1 year ago1Y change
0.5 MAGIC$0.4425$0.5257
-15.85%
1 MAGIC$0.8849$1.05
-15.85%
5 MAGIC$4.42$5.26
-15.85%
10 MAGIC$8.85$10.51
-15.85%
50 MAGIC$44.25$52.57
-15.85%
100 MAGIC$88.49$105.14
-15.85%
500 MAGIC$442.47$525.7
-15.85%
1000 MAGIC$884.94$1,051.4
-15.85%

Treasure price prediction

What will the price of MAGIC be in 2025?

Based on MAGIC's historical price performance prediction model, the price of MAGIC is projected to reach $1.41 in 2025.

What will the price of MAGIC be in 2030?

In 2030, the MAGIC price is expected to rise by +1.00%. By the end of 2030, the MAGIC price is projected to reach $2.67, with a cumulative ROI of +202.19%.
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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 Treasure 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 Treasure 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 Treasure 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.