The Bank of Algeria has released its official commercial exchange rates for the upcoming week, covering the period from August 24 to August 30, 2025.

The Algerian Dinar (DZD) exhibits a high degree of stability against the Euro, US Dollar, and British Pound Sterling, with minor differences noted between physical banknotes and traveler’s checks.

The rates, which govern official transactions, show the continued relative strength of the European and British currencies compared to the US Dollar in Dinar terms.

The Euro and Pound Maintain Their High Valuation

The Euro remains firmly above the 150 Dinar mark for banks selling the currency.

• Banknotes: The Euro is bought at 148.99 DZD and sold at 158.11 DZD.
• Traveler’s Checks: The rate for traveler’s checks is slightly more favorable for the holder, with banks buying them at 150.50 DZD.

The British Pound Sterling continues to be the most expensive currency among the majors listed, reflecting a buying rate over 170 DZD.

• Banknotes: The Pound is bought at 172.04 DZD and sold at 182.59 DZD.
• Traveker’s checks: The rate rises to 173.79 DZD when exchanging traveler’s checks.

US Dollar Exchange Rate

 

The US Dollar maintains its position below the Euro and Pound, trading at a lower rate against the Dinar.

• Banknotes: The Dollar is bought at 127.90 DZD and sold at 135.70 DZD.
• Traveler’s Checks: Similar to the other currencies, traveler’s checks offer a marginally better rate, bought by banks at 129.19 DZD.

The minor premium offered on traveler’s checks where the bank buys the currency at a higher Dinar value is a standard banking practice, reflecting the slightly reduced handling and security costs compared to physical cash