The euro resumes its upward curve against the Algerian dinar on the black currency market. After a lull of several days where courses have hardly evolved, the European single currency recorded this Sunday a slight increase in the Port-Said square in Algiers where a euro is sold to 261 dinars per unit, against 260.5 DZD last Wednesday.
The European single currency thus reduces the gap with its historic record of 265 dinars which it reached on July 10.
For the dollar, its course also changed this Sunday, August 17 on the black market. The greenback is offered at 227 Algerian dinars per unit against 226.5 DZD last Wednesday. The dollar, which is the second most exchanged foreign currency on the black market in Algeria after the dollar, remains far from the historic record of 248 dinars The unit recorded on December 9.
Algerian dinar: the euro reduces the gap with its historic record
On the official market, nothing noticeable has happened. Euro and dollar values remain stable. On August 15, the single European currency was worth 151.49 dinars per unit while the dollar was listed at 129.68 dinars.
The drop in the dinar against the euro and the dollar occurs in a context of uncertainty for the black currency market. Due to a demand always increasing and the rarefaction of the supply, the prices of these two main currencies are maintained at very high levels, which adds imports of goods and services carried out by individuals. A situation that may worsen from September where demand on the euro and the dollar traditionally increase strongly, notably from importers.
