Black market: Euro continues to slide against the Algerian dinar

The European currency continues to lose value on the Algerian informal market this Thursday, November 12, 2026, following a previous drop on Wednesday. A 100-euro note is currently trading at 27,550 dinars for sale and 27,650 dinars for purchase, marking a 50-dinar decrease from the previous day. According to currency dealers in Algiers, this decline is driven by weakening demand coupled with stable supply, which puts pressure on prices. This trend contradicts expectations from market professionals who anticipated an autumn surge in demand. Ultimately, the expected seasonal rise has failed to materialize, leaving traders unable to explain the lack of upward momentum in the current market.