1 DZD to MVR - Convert Algerian Dinar to Maldivian Rufiyaa

Looking at the 30-day window, the DZD/MVR pair traded in a range of 0.113300 to 0.120600. The monthly average was 0.116608 with 1.8% volatility. This upward movement of 3% suggests significant momentum in the DZD/MVR exchange rate.

The current mid-market exchange rate is 1 DZD = 0.115972 MVR, updated as of July 3, 2026, 2:32 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Algerian Dinar to Maldivian Rufiyaa Exchange Rate

The DZD/MVR exchange rate tells you how many Maldivian Rufiyaa (MVR) you receive for every Algerian Dinar (DZD). At the current mid-market rate of 1 DZD = 0.115972 MVR, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Historical DZD/MVR Trends

The DZD/MVR exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Using the DZD/MVR Calculator

The free calculator at the top of this page converts any amount between Algerian Dinar and Maldivian Rufiyaa instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse MVR/DZD rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Algerian Dinar Overview

The Algerian Dinar (DZD) is the official currency of Algeria. Oil and natural gas exports account for the vast majority of government revenue and foreign exchange earnings. Understanding the fundamentals behind DZD helps contextualize its exchange rate movements against MVR and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 DZD = 0.115972 MVR shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.