Euro declines on Algeria's parallel currency market

The Euro saw a slight decrease of 50 dinars on Algeria's informal currency market this Wednesday, November 11, 2026. A 100-euro note is currently trading at 27,600 dinars for sellers and 27,300 dinars for buyers. This downturn follows a period of appreciation earlier in the month and subsequent stability. Currency traders in Algiers and Bejaia attribute the price drop to a contraction in demand, while supply levels remain constant. This imbalance has pressured rates downward. While the market remains volatile, experts suggest a likely stabilization in the near term, noting that the currency has maintained a relatively consistent value since the end of the summer season.