record surge of the euro against the Algerian dinar on the black market

Currencies Algeria: record surge of the euro once morest the Algerian dinar on the black market

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 once morest 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 once morest these currencies.

the quotations of the central bank of Algeria
the quotations of the central bank of Algeria

Euro/dollar quotation on the official market

The European currency (euro) seems to be regaining its strength little by little once morest 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 once morest 147.72 Algerian dinars (DZD) for purchase and once morest 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.

parallel market
parallel market

Currencies Algeria: exchange rate of the Algerian dinar (DZD) on the black market

The single European currency (€) is widely exchanged once morest 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 once morest 220.00 Algerian dinars for purchase and once morest 221.00 Algerian dinars for sale.

Still on the parallel currency market, traders sell the single US dollar once morest 202.00 Algerian dinars for buying and once morest 204.00 Algerian dinars for selling.

In addition, the currency of the United Kingdom, the pound sterling (£), is exchanged once morest 249.00 Algerian dinars for purchase and once morest 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

Exchange rate of the Moroccan dirham once morest foreign currencies at Bank Al Maghrib for this Sunday, January 29, 2023

Exchange rate of the Moroccan dirham  once morest foreign currencies at Bank Al Maghrib
Exchange rate of the Moroccan dirham once morest foreign currencies at Bank Al Maghrib

Square Port-Saïd (Algiers)/ Bank of Algeria: exchange rate of €100

100€ are exchanged today once morest 22000 Algerian dinars (DZD) for purchase and once morest 22100 Algerian dinars (DZD) for sale on the black market.

100€ are exchanged today once morest 14772 Algerian dinars (DZD) for purchase and once morest 14777 Algerian dinars (DZD) for sale on the official market of the Bank of Algeria.

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