The US dollar has continued its upward trend against the Algerian dinar on the official exchange market. As of Monday, November 9, 2026, the American currency is trading at 136.13 dinars, according to the exchange rates published by the Banque d'Algérie. This new threshold represents a record for the dollar, which has been strengthening over several months. In January 2026, the dollar was trading at 129.78 dinars.
The progression of the dollar is attributed to its appreciation on international markets, as well as in official Algerian quotations. The European currency, the euro, is trading at 152.90 dinars, which is below its historical record of 162.77 dinars recorded in January 2021. The current exchange rate is influenced by the anticipation of future decisions by the US Federal Reserve on interest rates and recent US economic data, particularly employment figures.
The global economic context, marked by tensions and uncertainties in energy markets, also contributes to the dollar's rise. As the dollar plays a central role in international hydrocarbon transactions, particularly oil, its value remains supported. In Algeria, the Banque d'Algérie adjusts the official dollar quotations weekly, taking into account the evolution of the exchange rate between the two currencies on international markets.
The 2027 finance bill project sets a exchange rate of 131 dinars per dollar, which is lower than the current rate displayed by the central bank. This highlights the difference between official and projected exchange rates. The evolution of the dollar and euro exchange rates has significant implications for the Algerian economy, particularly in terms of imports and exports.
In contrast to the official market, the parallel exchange market in Algeria shows a different trend. The euro and dollar exchange rates have not followed the same upward trend as the official quotations. In Algiers' Port-Saïd square, the euro is trading around 276 dinars, representing a decline of two dinars compared to the previous week.
The dollar is also experiencing a slight decline on the parallel market, trading at 245.50 dinars, compared to 246 dinars at the end of the previous week. This difference in trends between the official and parallel markets highlights the complexities of Algeria's exchange rate dynamics.
The ongoing fluctuations in exchange rates underscore the challenges faced by the Algerian economy in managing its currency. As the government and central bank navigate these changes, they must balance the need to maintain economic stability with the pressures of a globalized market.
Key points
- The dollar has surpassed 136 dinars in Algerian banks, reaching a new record.
- The 2027 finance bill project sets a exchange rate of 131 dinars per dollar, lower than the current rate.
- The parallel exchange market in Algeria shows a different trend, with the euro and dollar experiencing a decline.
