Foreign exchange traders operating at the level of informal market in Square d’Algiers offer the euro unit at 248.00 Algerian dinars for purchase and at 251.00 Algerian dinars for sale. Thus, at the start of the week, 100 euros are bought at 24,800 Algerian dinars and sold at 25,100 Algerian dinars.
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HAS the Bank of Algeriathe value of the euro remains relatively stable, with a buying rate of 144.68 Algerian dinars and a selling rate of 144.72 Algerian dinars. This means that in the bank, 100 euros are exchanged against 14,468 Algerian dinars when buying and against 14,472 Algerian dinars when selling.
Exchange rate in Algeria: the Canadian dollar up this Sunday!
This Sunday, October 20, the Canadian dollar shows a slight increase on the informal market currencies. Indeed, the Canadian currency is now trading at 165.00 Algerian dinars for purchases and at 168.00 Algerian dinars for sales.
On the other hand, official quotations at the Bank of Algeriavalid from October 18 to 22, demonstrate the stability of the Canadian dollar, which remains at a buying rate of 96.66 dinars and a selling rate of 96.68 Algerian dinars.
Bank of Algeria and the black market: what are the exchange rates for October 20?
In addition to the euro and the Canadian dollar, the American dollar continues to be actively traded on the informal market. This Sunday, the greenback is bought at 224.00 Algerian dinars and sold at 227.00 Algerian dinars. On the official market side, the Bank of Algeria sets the purchase rate of the dollar at 133.30 dinars and its sale rate at 133.32 Algerian dinars.
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As for the pound sterlingit continues its rise on the black market, where it stands at 291.00 dinars for purchase and 293.00 dinars for sale. In the official banking system, the British currency is exchanged at 174.03 dinars for purchase and 174.14 dinars for sale.
