Algerian dinar converter: official rate and parallel market
Convert the euro, the US dollar and eight other currencies to Algerian dinars (DZD) and back. The official rate is the Bank of Algeria reference rate; the informal parallel market is shown separately, dated, and purely as an indication.
Result
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Official rate and parallel market: two different references
The official rate is the one published by the Bank of Algeria. It is the reference for bank operations, accounting and customs formalities. The parallel market, also called the black market or "square", means currency exchanges outside bank channels: its euro rate is much higher and it is not a legal rate.
This tool shows both, each with its date and source and without mixing them: the official rate for invoice or accounting work, the parallel rate only as a market reference.
How to read the rates shown
The official rate comes from the Bank of Algeria reference rates relayed by the open Frankfurter API. That source follows the bank monthly rhythm, so the date shown can be several weeks old: this is normal and we state it. For currencies other than the euro we compute a cross rate.
The parallel rate comes from a snapshot published by Square Algérie, used as is, with two values per currency that we show as a range. It is dated and embedded when the site is published: for today figure, follow the link to the source.
Why the rate matters for a freelancer
If you invoice in foreign currency, the rate you use changes your income in dinars a lot, because the gap between the two rates is wide. Our freelancer net-income calculator takes both rates so you can see the gap, and our guide to the foreign-currency account explains what the rules allow.
Frequently asked questions
What is the official euro rate in Algerian dinars?
It is shown in the "Official rate" card above with its date. It is the Bank of Algeria reference rate and moves with the bank publications.
Why is the black-market rate different from the official rate?
They are two separate markets: one is the bank reference rate, the other is the price of informal currency exchanges set by supply and demand. The tool shows the gap as a percentage.
Is the parallel rate legal or reliable?
It is not a legal exchange channel and we do not verify it independently. It is shown as an indication, with its source and date.
How often is the official rate updated?
The source publishes the Bank of Algeria reference rates monthly; the page tries to refresh it each time it opens and shows the date of the rate used.
Can I use another rate, such as my bank rate?
Yes: open "Your own rate" and enter the rate from your bank or platform to compare.
Is my data sent anywhere?
No. Amounts stay in your browser. The page only asks the public source for the official rate, without sending it your amounts.