Algeria: Exchange rate of the Algerian dinar in the Bank and the informal market this Tuesday, September 5

  • 06 September 2023 / News / 306 / Hejer


Algeria: Exchange rate of the Algerian dinar in the Bank and the informal market this Tuesday, September 5

According to the opening commercial quotations of the Algerian dinar in the Bank from September 4 to 6, 2023, the euro unit is bought at 147.51 Algerian dinars and sold at 147.58 Algerian dinars. For its part, the purchase of the American dollar was established in the Bank at 136.59 Algerian dinars and its sale at 136.61 Algerian dinars.

In addition, the exchange rates on the official market of the bank of algeria indicate that it is possible to buy the British currency at 172.42 Algerian dinars and sell it at 172.49 Algerian dinars. In addition, it should be noted that the official foreign exchange market quotes show the purchase of the Canadian dollar at 100.49 Algerian dinars and its sale at 100.54 Algerian dinars.

However, the value of major foreign currencies differs on the black currency market. Indeed, the European currency is still exchanged against 223.0 Algerian dinars for purchase and against 225.00 Algerian dinars for sale. While the purchase rate of the unit of American currency remains at 205.00 Algerian dinars and its sale rate at 207.00 Algerian dinars, at the level of the informal exchange market.

In addition, traders on the informal stock exchange sell the unit of the pound sterling at 255.00 Algerian dinars for purchase and against 257.00 Algerian dinars for sale. While they offer the Canadian currency unit at 148.00 Algerian dinars for purchase and 150.00 Algerian dinars for sale.                                                                    The Algerian dinar versus foreign currencies in the Bank and on the black market                             Thus, the table below summarizes the exchange rates of the Algerian dinar against the main foreign currencies in the Bank and the informal exchange market:
CurrenciesOfficial / purchaseOfficial / saleBlack market / purchaseBlack market / sale
Euro (€)147.51147.58223.00225.00
US Dollar ($)136.59136.61205.00207.00
Pound Sterling (₤)172.42172.49255.00257.00
CAN Dollar ($C)100.49100.54148.00150.00
UAE Dirham (AED)37.1837.1951.0054.00


source: https://www.algerie360.com/

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