Algerian Dinar Hits Record Low Against US Dollar

The US dollar has reached a record high against the Algerian dinar, driven by its global appreciation. On November 9, 2026, the dollar traded at 136.13 dinars, surpassing its previous high. This significant increase is attributed to the fluctuations in the global market, particularly the dollar's strengthening against the euro. The Banque d'Algérie adjusts the official exchange rate weekly, based on the international market trends.

The euro also saw a significant exchange rate on November 9, 2026, trading at 152.90 dinars per euro. Although this rate is high, it is still far from its record high of 162.77 dinars in January 2021. The dollar's rise against the dinar is part of a broader trend, with the dollar strengthening against several currencies. Economists point to the US Federal Reserve's interest rate decisions and global events as contributing factors.

The global market trends are influencing the Algerian economy, with the dollar's appreciation affecting the dinar's value. The economist Brahim Guendouzi noted that the 2027 finance law forecasts an exchange rate of 131 dinars per dollar. The current rate surpasses this projection, indicating potential implications for Algeria's economy. The government's economic policies and global market fluctuations will likely continue to impact the dinar's value.

In contrast to the official market, the parallel market in Algeria has not followed the same trend. The euro and dollar exchange rates have remained relatively stable, with a slight decrease in their values. On November 9, 2026, the euro traded at 276 dinars, down from 278 dinars on November 4, 2026. The dollar also decreased slightly, from 246 dinars to 245.5 dinars.

The difference in exchange rates between the official and parallel markets is notable. While the official market reflects the global trends, the parallel market has its own dynamics. The government's efforts to regulate the parallel market and manage the dinar's value continue. The impact of these efforts on the economy remains to be seen.

The fluctuations in exchange rates have implications for Algeria's economy, particularly for imports and exports. A weaker dinar can make imports more expensive, potentially affecting inflation and economic growth. The government's economic policies and global market trends will continue to influence the dinar's value.

The current exchange rates may have significant implications for Algeria's economic future. The government's ability to manage the dinar's value and navigate global market trends will be crucial. As the global economy continues to evolve, Algeria's economic policies will need to adapt to these changes.

Key points

• The US dollar reached a record high against the Algerian dinar on November 9, 2026, at 136.13 dinars per dollar.
• The exchange rate difference between the official and parallel markets in Algeria remains notable.
• The fluctuations in exchange rates may have significant implications for Algeria's economy, particularly for imports and exports.