The euro is heading straight for a new record on the black market in Algeria

The parallel foreign exchange market in Algeria is experiencing a new surge in exchange rates, with the euro approaching the 260 dinar mark on sale. This upward trend is fuelled by growing demand and the expectation of a government measure on the planned but not implemented tourist allowance. At the Square Port Said, the cambists adjust their tariffs according to rumours, making the situation more volatile than ever. On Wednesday, April 16, 2025…

Exchange rates – The Algerian euro dinar exchange rates continue to fly on the parallel market. On Monday, the European currency has crossed a new historical threshold in the famous square of the Port Said Square in Algiers, the center of informal exchange in Algeria. It is an unprecedented level, which confirms the persistent upward trend of the euro vis-à-vis the dinar in the unofficial circuit. According to the quotations observed, 100 euros …