The dinar against bank currencies and the parallel market on August 1

In Algeria, the national currency has been suffering for several years, this has worsened in recent months. The Algerian dinar no longer weighs against the main currencieswhether on the side of the Bank of Algeria or on the side of the parallel market.

For this Monday, August 1, 2022, only one Euro is exchanged this morning at Square Port-Saïd, against 208 dinars Algerians for sale and 210 Algerian dinars for purchase.

On the American side, a single American dollar is exchanged against 203 Algerian dinars for sale and 205 Algerian dinars for purchase. The Canadian dollar, meanwhile, is exchanged for 150 Algerian dinars to buy and 153 Algerian dinars to sell.

As for the Pound Sterling, for Monday, August 1, only one Pound was sold by currency traders against 245 Algerian dinars for sale and 242 Algerian dinars for purchase.

On the side of the Bank of Algeria

At the Bank of Algeria, the Algerian Dinar remains in difficulty in front of the main currencies. For this Monday, August 1, 2022, a single Euro is sold at the counters of the Bank of Algeria for 148.81 Algerian dinars for purchase and 148.88 Algerian dinars for sale.

The US dollar is trading against 145.42 Algerian dinars for buying and 145.44 Algerian dinars for selling. The Canadian dollar, meanwhile, is trading at 113.76 Algerian dinars for purchase and 113.78 Algerian dinars for sale.

Finally for the Pound Sterling, a single Pound is exchanged at the Bank of Algeria against 177.39 Algerian dinars for purchase and 177.43 Algerian dinars for sale.

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