Exchange Rate in Algeria

Algeria Exchange Rate | Economic News & Forecasts

Algeria - Exchange Rate

Q1 ushered in an economic recovery, with growth returning for the first time since the start of the pandemic amid improvements in private consumption, fixed capital investment and exports. Falling imports and heftier government spending also contributed. Looking at the breakdown by industry, the energy sector was the key driver. However, the reading was flattered by a base effect, while weak wage growth and elevated unemployment will have kept a lid on domestic demand. Looking beyond Q1, looser restrictions from late March and the reopening of borders from June should have aided activity. Moreover, oil output continued to rise through July. However, the nightly curfew was extended in July and August amid a rock-bottom vaccination rate and steadily rising Covid-19 cases. Lastly, recent wildfires could stoke ongoing social discontent and threaten economic and political stability.

Algeria - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)107.1  110.4  114.8  118.3  119.1  

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Algeria Exchange Rate Chart

Algeria Exchange Rate
Note: Algerian dinar (DZD) per U.S. dollar.
Source: Thomson Reuters.

Algeria Facts

Value Change Date
Exchange Rate119.1-0.11 %Jan 01

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