Core Insights - The Algerian parallel (informal) foreign exchange market has stabilized as of February 2026, with major foreign currencies like the Euro continuing to trade at high levels, indicating a dual-track system where official and parallel market rates coexist [1] Exchange Rates - In major trading points like Square Port-Sa d in Algiers, the buying price for the Euro is approximately 282.5 Dinars, while the selling price is around 278.5 Dinars, consistently remaining above the 280 Dinar mark, reflecting active market demand [1] - The official exchange rate for 100 Euros is about 15,360 Dinars, maintaining a significant gap compared to the parallel market [1] - The US Dollar shows relative stability in the parallel market, with a buying price of about 24,100 Dinars and a selling price of approximately 23,800 Dinars; the British Pound also remains at high levels, indicating a tight supply structure in the informal market [1] Market Dynamics - Analysts suggest that due to ongoing demand from travel and trade settlements, the parallel market is likely to continue experiencing high-level fluctuations in the short term [1]