The exchange rates of the Bank of Algeria from May 10 to 12, 2023 indicate that the single European currency is bought at 148.38 Algerian dinars and sold at 148.42 Algerian dinars. But also, that the dollar of the United States of America is exchanged against 135.51 Algerian dinars for purchase and against 135.53 Algerian dinars for sale.
In addition, the commercial quotations of the Algerian dinar in the Bank show the purchase of the British currency at 171.02 Algerian dinars and its sale at 171.10 Algerian dinars. At the official market of the Bank of Algeria, it is possible to buy the Emirati dirham at 36.90 Algerian dinars and sell it at 36.91 Algerian dinars.
However, traders on the black market in the Square d’Alger still exchange the unit of the euro for 224.00 Algerian dinars when buying and against 226.00 Algerian dinars when selling. In addition, they sell the single US dollar at 204.00 Algerian dinars for buying and selling at 206.00 Algerian dinars for sale.
In addition, the purchase of the pound sterling remains at 250 Algerian dinars and its sale at 252.00 Algerian dinars at the level of the informal stock market. While the rate of purchase of the Emirati currency was established at 54.00 Algerian dinars and its rate of sale at 56.00 Algerian dinars, and this, on the same exchange market.
Bank of Algeria and black market: dinar exchange rate on May 11
Finally, it should be noted that the table below summarizes the exchange rates of the national currency against the main foreign currencies in the Bank and on the parallel market for this Thursday, May 11, 2023:
