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]

Core Viewpoint - The unofficial foreign exchange market in Algeria is experiencing volatility, with the euro rising to 280 Algerian dinars on December 14, indicating a continued upward trend despite previous fluctuations [1] Exchange Rate Movements - The euro had previously approached 300 dinars at the end of November, causing widespread concern, but fell to 279 dinars in early December before rising again [1] - The US dollar has slightly decreased in the unofficial market, quoted at 240.50 dinars per dollar, showing a minor decline from the previous trading day while maintaining a high level of fluctuation [1] - In the official market, the Algerian central bank reported a slight increase in the euro to 152.10 dinars and a decrease in the dollar to 129.58 dinars, widening the gap between official and black market rates [1] Regulatory Actions - The Algerian government has intensified its regulation of foreign exchange usage, with nine individuals detained for the illegal use of 750 euros in travel foreign exchange subsidies, reflecting the government's strict enforcement of foreign exchange policies [1]