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Despite the significant difference between the official exchange rate and the informal market rate, the currency exchange rate in Algeria seems to maintain a certain stability. Official data from the Central Bank of Algeria from July 4 to 8, 2024 illustrate this trend. In this article, find out what the currency exchange rate will be this Monday!
according to Commercial offer of Algerian banksthe euro maintained its exchange rate, buying at 144.89 Algerian dinars and selling at 144.94 Algerian dinars. The dollar was of similar value, buying at 134.24 Algerian dinars and selling at 134.94 Algerian dinars.
Similarly, the British Pound is currently buying at 171.20 Algerian Dinars and selling at 171.31 Algerian Dinars. The Canadian Dollar is buying at 98.51 Algerian Dinars and selling at 98.57 Algerian Dinars.
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At the same time, at the level Informal market at Port Said Square in Algiersthe euro maintained its position, with buy transactions reaching 238.00 Algerian dinars and sell transactions reaching 240.00 Algerian dinars.
The US dollar was bought at 222.00 Algerian dinars and sold at 223.00 Algerian dinars. In addition, black market currency traders sold the British pound at a buy price of 276.00 Algerian dinars and a sell price of 278.00 Algerian dinars. For its part, the Canadian dollar was bought at 159.00 Algerian dinars and sold at 161.00 Algerian dinars.
What was the currency exchange rate on July 8?
To get an overview of the exchange rates of the main foreign currencies in Algeria on Monday, July 8, 2024, consult the table below. It provides data from the foreign exchange market, including official values and data from the parallel market:
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