DistantNews
Support us
🇩🇿 Algeria /Economy & Trade

Euro climbs further against Algeria’s dinar on the parallel market

From Algérie360 · () French

Translated from French and summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified Context piece
  • The euro rose to 27,700 Algerian dinars per 100 euros for sale on the parallel market on September 5, 2026, while the buying rate held at 27,400.
  • The selling rate increased by 50 dinars from the previous day after several weeks of relative stability.
  • The article links the movement to reduced euro supply after summer travel and stronger demand ahead of the academic year.

The euro is gaining ground again against Algeria’s dinar on the parallel currency market. On Saturday, September 5, 2026, currency dealers offered 27,700 dinars for a 100-euro note and paid 27,400 dinars to buy it.

The selling rate rose by 50 dinars from the previous day, when the same note traded at about 27,650 dinars. The buying rate remained unchanged at 27,400 dinars. The move follows several weeks of relative stability and puts currency trading back at the center of economic concerns in Algeria.

The article points to a gradual decline in supply as summer ends. Members of the Algerian diaspora are beginning to return to their countries of residence, reducing the euros available on the parallel market after the summer period, which generally brings significant currency inflows.

At the same time, demand is expected to increase as the new school year approaches and as Algerian students leave for studies abroad. The changing balance between supply and demand could place additional pressure on the euro’s rate in the parallel market.

About this summary

Originally published by Algérie360 in French. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

More Stories

From Our Blog