The value of currencies is constantly changing. Up or down, the main foreign currencies show daily variations in their values, and this, on the two exchange markets, official and parallel.
For this Wednesday, February 8, 2023, the official quotations of the Bank of Algeria indicate that the single European currency, the euro, is exchanged against 146.35 Algerian dinars for purchase and against 146.42 Algerian dinars for sale.
The euro is gaining ground against its US counterpart. Indeed, the single US dollar stood at 136.41 Algerian dinars for purchase and 136.42 Algerian dinars for sale on the official market of the Bank of Algeria.
Besides the euro and the US dollar, the pound sterling is bought at 164.03 Algerian dinars and sold at 164.07 Algerian dinars on the same market. While the Canadian dollar is exchanged against 101.60 Algerian dinars for purchase and against 101.64 Algerian dinars for sale, and this, on the official market of the Bank of Algeria.
What is the black market dinar exchange rate?
In addition, traders on the black currency market in Square Port Said in Algiers exchange the unit of the euro against 222.00 Algerian dinars for purchase and against 224.00 Algerian dinars for sale.
For its part, the single greenback lost ground on the black currency market. Square forex traders sell it at 204.00 Algerian dinars to buy and 206.00 Algerian dinars to sell.
Finally, as regards the pound sterling, the currency of the United Kingdom, it is exchanged against 249.00 Algerian dinars for purchase and against 251.00 Algerian dinars for sale on the informal currency market. While the single Canadian currency stood at 149.00 Algerian dinars for purchase and 152.00 Algerian dinars for sale.
