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1 Norwegian Krone to Algerian Dinars Today at Square Port-Saïd Black Market

Easily Convert NOK to DZD at the informal market exchange rate

Enter amount in Norwegian Krone

Amount in Algerian Dinar

Current Rate:
1 NOK = 20.63 DZD (informal)
En Centimes: 2 milles
En Lettres: vingt dinars

Historical data of NOK to DZD in the Algerian Parallel Market

Our chart offers a clear overview of NOK 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 NOK = 20.63 DZD

DZD +70.50 (40.40%)

Lowest Rate

174.50 DZD

2016-01-01

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

Highest Rate

248.80 DZD

2024-10-09

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

Average Rate μ

211.23 DZD

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

Standard Deviation σ

19.023360

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

Rate Change Δ

40.40%

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

Volatility σ

0.090061

The volatility of DZD to NOK 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.

NOK to DZD


Square Port Said Exchange Rate Analysis:

•   30-Day Exchange Rate Overview

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

NOK NOK
DZD DZD
1 NOK 21 DZD
5 NOK 103 DZD
10 NOK 206 DZD
25 NOK 516 DZD
50 NOK 1,032 DZD
100 NOK 2,063 DZD
500 NOK 10,316 DZD
1,000 NOK 20,631 DZD
5,000 NOK 103,157 DZD
10,000 NOK 206,314 DZD
50,000 NOK 1,031,570 DZD
DZD DZD
NOK NOK
100 DZD 4.75 NOK
500 DZD 23.76 NOK
1,000 DZD 47.52 NOK
2,000 DZD 95.04 NOK
5,000 DZD 237.6 NOK
10,000 DZD 475.19 NOK
50,000 DZD 2,375.96 NOK
100,000 DZD 4,751.93 NOK
500,000 DZD 23,759.63 NOK
1,000,000 DZD 47,519.26 NOK
5,000,000 DZD 237,596.29 NOK

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.