Dollar reaches 246 dinars on Algiers parallel market
By the AFREEQUE newsroom, based on Algérie 360
The dollar is trading at 246 dinars for sale on Algiers’ parallel market, compared with 135.91 dinars at the Bank of Algeria’s official rate. The euro remains around 278 dinars on the parallel market, or 152.07 dinars at the official rate, according to figures published on Wednesday 4 November by Algérie360.
The US dollar was trading at 246 Algerian dinars for sale at Square Port-Saïd in Algiers on Wednesday 4 November 2026, according to Algérie 360. Currency dealers were buying it at 243 dinars. The euro remained stable at 278 dinars for sale and 276 dinars for purchase.
At the official rate set by the Bank of Algeria, the dollar was worth 135.91 dinars and the euro 152.07 dinars. For $100, the gap between the parallel market and the official rate was about 11,000 dinars, or nearly 81%. For €100, it was about 12,193 dinars, or nearly 83%.
Sterling was trading at between 320 and 325 dinars at the Square, compared with an official rate of 182.39 dinars. The Canadian dollar was worth between 172 and 175 dinars on the parallel market, while the Bank of Algeria quoted it at 97.21 dinars. The dollar was therefore nearing the 250-dinar threshold after reaching 242.50 dinars on 27 October, according to the tracking of Algeria’s parallel market.
