Currencies Algeria – many Algerians go to the parallel market (black market) to change currency because of the total absence of exchange offices in Algeria.
The European currency (euro) recorded, in recent days, a record outbreak against the Algerian dinar (DZD), on the black market, in particular that of the Square Port-Saïd in Algiers.
However, whether at Square Port Said or at the central bank of Algeria, the Algerian dinar (DZD) remains in difficulty against these currencies.
Euro/dollar quotation on the official market
The European currency (euro) seems to be regaining its strength little by little against the Algerian dinar (DZD) and the US dollar ($), in the quotations of the central bank of Algeria.
Indeed, the official quotations of the central bank of Algeria show that the single European currency, the euro, is exchanged against 147.72 Algerian dinars (DZD) for purchase and against 147.77 Algerian dinars for sale.
For its part, the single American greenback, the US dollar ($), is bought at 135.43 Algerian dinars (DZD) and sold at 135.45 Algerian dinars, and this, on the same official market, namely that of the bank. from Algeria.
In addition to the euro and the US dollar, the quotations of the official currency market of the central bank of Algeria, display the single pound sterling (£) at 167.74 Algerian dinars for purchase and 167.80 Algerian dinars for sale.
Currencies Algeria: exchange rate of the Algerian dinar (DZD) on the black market
The single European currency (€) is widely exchanged against the Algerian dinar (DZD) on the various informal financial centers (currency black market, Square Port-Saïd) in Algeria.
Concerning the informal currency market, traders in Square Port Said in Algiers exchange the euro against 220.00 Algerian dinars for purchase and against 221.00 Algerian dinars for sale.
Still on the parallel currency market, traders sell the single US dollar against 202.00 Algerian dinars for buying and against 204.00 Algerian dinars for selling.
In addition, the currency of the United Kingdom, the pound sterling (£), is exchanged against 249.00 Algerian dinars for purchase and against 251.00 Algerian dinars for sale on the parallel currency market.
While the single Canadian dollar ($) is bought at 152.00 Algerian dinars and sold at 149.00 Algerian dinars on the same market.
Also Read: Currency Converter – follow
Square Port-Saïd (Algiers)/ Bank of Algeria: exchange rate of €100
100€ are exchanged today against 22000 Algerian dinars (DZD) for purchase and against 22100 Algerian dinars (DZD) for sale on the black market.
100€ are exchanged today against 14772 Algerian dinars (DZD) for purchase and against 14777 Algerian dinars (DZD) for sale on the official market of the Bank of Algeria.