Euro prices in Algeria on Thursday, March 11, 2021

The euro rose against the Algerian dinar in early trading Thursday (March 11th) on the unofficial parallel market (black).

The european currency on the unofficial market was 214.68 dinars for purchase and 217.07 dinars for sale, according to local media.

In banking and exchange transactions, the euro was 159.07 dinars for purchase and 159.10 dinars for sale.

On the black market, the price of the dollar was 180 dinars for purchase and 182 dinars for sale.

The central bank of Algeria’s dollar rate was 133.87 dinars for purchase and 133.89 dinars for sale.

The pound was priced at 250.78 dinars for purchase and 253.56 dinars for sale.

In bank transactions, sterling was 185.70 dinars for purchase and 185.78 dinars for sale.

The price of the rial and dirham
The price of the Uae dirham on the black market was 49.01 dinars for purchase and 49.55 for sale, and in banks the dirham was 36.44 dinars for purchase and 36.45 for sale.

The price of the Saudi riyal on the black market was 47.99 dinars for purchase and 48.52 dinars for sale, and the Central Bank of Algeria recorded 35.68 dinars for purchase and 35.69 dinars for sale.

The Coved-19 epidemic caused growth to drop by 6.5% in Algeria in 2020.

The OPEC member country has been under pressure for years, due to weak global oil prices, given that its oil and gas export revenues account for 60% of the state budget and 94% of total export revenues.