Exchange Rate in Algeria

Algeria Exchange Rate | Economic News & Forecasts

Algeria - Exchange Rate

The economy is likely to have been severely impaired in the first half of the year, as the combined weight of pandemic-related containment measures and low oil prices dragged on activity. Oil production for May tumbled following the latest round of OPEC+ cuts that came into force early in the month, adding further pressure on the struggling energy sector. Consequently, government revenues will be particularly hard hit, with fears that lower public spending will reignite the year-long anti-corruption protests that had been halted by the arrival of Covid-19 earlier in the year. This comes amid an easing of lockdown conditions in June, with the resumption of some economic activities and the reopening of certain small businesses boding well for household spending.

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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