Euro reaches 277 dinars on Algiers black market
By the AFREEQUE newsroom, based on Observ'Algérie
The euro was trading at 277 dinars to sell and 274 dinars to buy on the parallel market at Square Port-Saïd in Algiers on 16 October 2026. The Bank of Algeria’s official rate stood at 151.0816 dinars, widening the gap between the two markets, reports Observ’Algérie.
The euro was trading at 277 Algerian dinars to sell and 274 dinars to buy at Square Port-Saïd, Algiers’ main informal currency exchange, on Friday 16 October, according to Observ’Algérie.
These rates were up by one dinar compared with the previous day. At the same time, the official euro rate at the Bank of Algeria also rose, widening the gap with the parallel market, Observ’Algérie reports.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
