Do you want to know the latest information on exchange rates in Algeria? Whether in the Bank or on the parallel market, find out how the national currency is positioned against the main foreign currencies this Tuesday, May 16, 2023.
According to the opening commercial quotations of the Algerian dinar in the Bank from May 15 to 17, 2023, the euro unit is exchanged against 147.77 Algerian dinars for purchase and against 147.84 Algerian dinars for sale. For its part, the American currency remains at 135.92 Algerian dinars for purchase and 135.93 Algerian dinars for sale, and this, on the official market of the Bank of Algeria.
According to the same source, the rate of purchase of Canadian currency amounts to 100.59 Algerian dinars and its rate of sale to 100.63 Algerian dinars. While the British currency, the pound sterling, is bought at 169.64 Algerian dinars and sold at 169.72 Algerian dinars.
In addition, the official market exchange rates of the Bank of Algeria show the purchase of the Emirati dirham at 37.01 Algerian dinars and its sale at 37.02 Algerian dinars. The same source indicates that it is possible to buy and sell the Saudi riyal against 36.24 Algerian dinars on the official exchange market.
Algerian dinar quotes: what are the exchange rates on the black market?
On the other hand, on the black exchange market of the Square of Algiers, traders still sell the single euro against 224.00 Algerian dinars for purchase and against 226.00 Algerian dinars for sale. In addition, they offer the purchase of the single US dollar at 204.00 Algerian dinars and its sale at 206.00 Algerian dinars.
At the level of the informal exchange market, the purchase of the unit of Canadian currency was established at 146.00 Algerian dinars and its sale at 148.00 Algerian dinars. In addition, it should also be noted that the exchange rate of the pound sterling remains at 250.00 Algerian dinars for purchase and 252.00 Algerian dinars for sale.
Moreover, the exchange rates of the informal stock market show the purchase of the Saudi riyal at 52.50 Algerian dinars and its sale at 54.50 Algerian dinars. But also, the purchase of the Emirati currency at 54.00 Algerian dinars and its sale at 56.00 Algerian dinars.
Finally, the table below summarizes the exchange rates of the Algerian dinar against the main foreign currencies in the Bank and on the black market for this Tuesday, May 16, 2023:
