Euro at the Square: Understanding the EUR/DZD Rate
Read a euro–dinar rate, distinguish buying from selling, and use a dated reference value in your calculations.
This page covers the euro’s value against the Algerian dinar in the context of the market known as the “Square” in Algiers. The EUR/DZD pair indicates how many dinars correspond to one euro. To read a rate correctly, keep the currency, the direction of the transaction, and the date of the displayed value together.
How to read the rates
The buying price and selling price are two separate values. The spread is the difference, in dinars, between the selling rate and the buying rate. A single value therefore cannot describe every possible transaction.
EXCHANGE RATE REFERENCE
Currency exchange rates
EUR
Euro- Buy
- 274.00
- Sell
- 276.00
USD
US dollar- Buy
- 236.00
- Sell
- 240.00
GBP
British pound- Buy
- 311.00
- Sell
- 316.00
CAD
Canadian dollar- Buy
- 168.00
- Sell
- 170.00
Buy: the dealer buys foreign currency from you. Sell: the dealer sells foreign currency to you. Indicative rates, excluding fees.
These values were captured from the source website. Their market observation date is unverified; they are not live exchange rates.
Check the source and reference date in the table. A value retained from an earlier observation is not a new quotation for today.
Converting euros to dinars
The basic calculation is straightforward: amount in euros × EUR/DZD rate = amount in dinars. To calculate the equivalent of 100, 500, or 1,000 euros, select EUR and enter the amount in the converter.
CALCULATE YOUR AMOUNT
Currency converter
Convert between foreign currency and Algerian dinars.
Enter the amount to convert.
The converter uses the buy rate when you sell foreign currency and the sell rate when you buy it. Results are rounded to two decimal places, excluding fees.
These values were captured from the source website. Their market observation date is unverified; they are not live exchange rates.
Understanding the Square context
Observations from the informal market should be distinguished from the rates offered by official institutions. Currency supply and demand, travel and import needs, and the economic context are factors discussed when explaining these differences.
The calculation gives an indicative result. To find out the amount that would actually apply to a transaction, check the rate, any fees, and the terms with your institution.