The opening trade quotations of the Algerian dinar at the Bank of Algeria from February 20 to 22, 2023 indicate that the single European currency is trading against 146.12 Algerian dinars for purchase and against 146.19 Algerian dinars for sale.
In addition, official exchange market quotations show the single American currency at 136.60 Algerian dinars for purchase and 136.61 Algerian dinars for sale.
In addition to the euro and the US dollar, the quotations of the Bank of Algeria also communicate the exchange rate of other foreign currencies, like the Canadian dollar or the pound sterling.
Moreover, the single Canadian dollar is bought at 101.43 Algerian dinars and sold at 101.47 Algerian dinars. While the currency of the United Kingdom stood at 164.54 Algerian dinars for purchase and 164.62 Algerian dinars for sale.
The dinar against currencies on the black market
At the same time, traders on the black exchange market in Square Port Saïd in Algiers sell the single euro for 221.50 Algerian dinars to buy and 223.50 Algerian dinars to sell.
On the American side, the greenback is exchanged against 206.50 Algerian dinars for purchase and against 210.00 Algerian dinars for sale on the informal exchange market.
Also at Square d’Alger, traders exchange the single Canadian dollar for 152.00 Algerian dinars for purchase and 155.00 Algerian dinars for sale. While they still offer the pound sterling at 247.00 Algerian dinars for purchase and 250.00 Algerian dinars for sale.
