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1 Moroccan Dirhams to Algerian Dinars Today at Square Port-Saïd Black Market

Easily Convert MAD to DZD at the informal market exchange rate

Enter amount in Moroccan Dirhams

Amount in Algerian Dinar

Current Rate:
1 MAD = 23.82 DZD (informal)
En Centimes: 2 milles
En Lettres: vingt-trois dinars

Historical data of MAD to DZD in the Algerian Parallel Market

Our chart offers a clear overview of MAD and the Algerian Dinar exchange rate trends, highlighting economic shifts and fluctuations. It's a valuable tool for understanding Dinar market movements and financial dynamics.

1 MAD = 23.82 DZD

DZD +73.17 (41.93%)

Taux le plus bas

174.50 DZD

2016-01-01

The lowest rate from DZD to MAD was recorded on 2016-01-01.

Taux le plus élevé

257.33 DZD

2024-12-12

The highest rate from DZD to MAD was recorded on 2024-12-12.

Taux moyen μ

216.89 DZD

The average rate from DZD to MAD over the selected period.

Écart-type σ

22.215915

The standard deviation of DZD to MAD rates, indicating the volatility.

Variation du taux Δ

41.93%

The percentage change in the rate from DZD to MAD from the start to the end of the selected period.

Volatilité σ

0.102427

The volatility of DZD to MAD rates, calculated as the standard deviation divided by the mean.

EXDZ Index

The EXDZ Index measures the difference between the informal and official exchange rates of the Algerian Dinar (DZD). It provides insights into market dynamics, currency valuation disparities, and economic conditions influencing the foreign exchange market in Algeria.

Current Difference

106.67 DZD

(75.65%)

22 Dec 2024

Smallest Gap

39.28 DZD

(25.85%)

15 Aug 2020

Largest Gap

116.72 DZD

(83.01%)

12 Dec 2024

Average Difference

54.30%

The average percentage difference over the selected period.

MAD to DZD


Square Port Said Exchange Rate Analysis:

•   30-Day Exchange Rate Overview

In the last 30 days, the black market exchange rate of MAD to DZD showed , with a change of NaN% from Invalid Date to Invalid Date.

The highest rate was 0 on Invalid Date, while the lowest rate was 0 on Invalid Date.

With an average rate of 0.00 and a fluctuation of 0.00, these figures highlight the volatile nature of the forex and informal markets, particularly in areas like Square Port Said where parallel markets significantly influence currency distribution.

•  90-Day Exchange Rate Overview

Over the past 90 days, the exchange rate experienced , reflecting a NaN% change between Invalid Date and Invalid Date.

The peak rate reached was 0 on Invalid Date, while the lowest rate was 0 on Invalid Date.

The average rate over this period was 0.00, with a fluctuation of 0.00. This underscores the impact of both the forex and informal markets, especially in Square Port Said, where parallel markets offer alternative channels for currency exchange and influence overall market stability.

Recap of Stats

  • •  30-Day Highest Rate: 0 on Invalid Date
  • •  30-Day Lowest Rate: 0 on Invalid Date
  • •  30-Day Average Rate: 0.00
  • •  30-Day Fluctuation: 0.00
  • •  90-Day Highest Rate: 0 on Invalid Date
  • •  90-Day Lowest Rate: 0 on Invalid Date
  • •  90-Day Average Rate: 0.00
  • •  90-Day Fluctuation: 0.00

Frequently Converted Amounts
from MAD to DZD

MAD MAD
DZD DZD
1 MAD 24 DZD
5 MAD 119 DZD
10 MAD 238 DZD
25 MAD 596 DZD
50 MAD 1,191 DZD
100 MAD 2,382 DZD
500 MAD 11,911 DZD
1,000 MAD 23,822 DZD
5,000 MAD 119,110 DZD
10,000 MAD 238,219 DZD
50,000 MAD 1,191,095 DZD
DZD DZD
MAD MAD
100 DZD 4.12 MAD
500 DZD 20.58 MAD
1,000 DZD 41.16 MAD
2,000 DZD 82.31 MAD
5,000 DZD 205.78 MAD
10,000 DZD 411.55 MAD
50,000 DZD 2,057.76 MAD
100,000 DZD 4,115.51 MAD
500,000 DZD 20,577.57 MAD
1,000,000 DZD 41,155.14 MAD
5,000,000 DZD 205,775.71 MAD

How to use the EXDZ Currency Converter?

1

Select Your Currency

Begin by choosing the currency you want to convert from using the dropdown menu. Enter the amount you wish to convert in the input field next to the selected currency. For quick access, you can also use the predefined quick selection buttons to automatically fill in common amounts.

2

View the Converted Amount

After entering the amount, the converter will display the equivalent value in Algerian Dinar (DZD) or your chosen currency, depending on the conversion direction. Additionally, the current exchange rate is shown below the converter, providing you with up-to-date information on how much one unit of your selected currency is worth in DZD or vice versa.

3

Switch Conversion Direction

If you need to reverse the conversion direction, simply click the switch button located between the input sections. This will toggle the converter to switch from converting to DZD to converting from DZD, or the other way around. The interface will update accordingly, allowing you to enter a new amount or use the quick selection buttons again for convenience.