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1 Nigerian Naira to Algerian Dinars Today at Square Port-Saïd Black Market

Easily Convert NGN to DZD at the informal market exchange rate

Enter amount in Nigerian Naira

Amount in Algerian Dinar

Current Rate:
1 NGN = 0.14 DZD (informal)
En Lettres: zéro dinars

Historical data of NGN to DZD in the Algerian Parallel Market

Our chart offers a clear overview of NGN 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 NGN = 0.14 DZD

DZD +70.50 (40.40%)

Lowest Rate

174.50 DZD

2016-01-01

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

Highest Rate

248.80 DZD

2024-10-09

The highest rate from DZD to NGN was recorded on 2024-10-09.

Average Rate μ

211.23 DZD

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

Standard Deviation σ

19.023360

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

Rate Change Δ

40.40%

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

Volatility σ

0.090061

The volatility of DZD to NGN 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

99.94 DZD

(68.89%)

19 Oct 2024

Smallest Gap

39.28 DZD

(25.85%)

15 Aug 2020

Largest Gap

103.17 DZD

(70.85%)

09 Oct 2024

Average Difference

50.57%

The average percentage difference over the selected period.

NGN to DZD


Square Port Said Exchange Rate Analysis:

•   30-Day Exchange Rate Overview

In the last 30 days, the black market exchange rate of NGN 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 NGN to DZD

NGN NGN
DZD DZD
1 NGN 0 DZD
5 NGN 1 DZD
10 NGN 1 DZD
25 NGN 3 DZD
50 NGN 7 DZD
100 NGN 14 DZD
500 NGN 69 DZD
1,000 NGN 137 DZD
5,000 NGN 687 DZD
10,000 NGN 1,374 DZD
50,000 NGN 6,870 DZD
DZD DZD
NGN NGN
100 DZD 713.78 NGN
500 DZD 3,568.88 NGN
1,000 DZD 7,137.76 NGN
2,000 DZD 14,275.52 NGN
5,000 DZD 35,688.79 NGN
10,000 DZD 71,377.59 NGN
50,000 DZD 356,887.94 NGN
100,000 DZD 713,775.87 NGN
500,000 DZD 3,568,879.37 NGN
1,000,000 DZD 7,137,758.74 NGN
5,000,000 DZD 35,688,793.72 NGN

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.