DZD Market Update
21 Mar 2026 • 01:13 GMT
The Algerian dinar (DZD) remains relatively stable against major currencies this week, despite some recent swings in oil and gas prices that influence the local economy. against the US dollar (USD), the DZD at 0.007562 is about 1.5% below its three-month average, trading within a narrow range. The currency has not shown significant volatility, staying within a tight 3.1% band from 0.007524 to 0.007755.
Meanwhile, the DZD has also held steady versus the euro (EUR) and pound (GBP), trading just below their respective three-month averages, indicating no major shifts in those markets. The currency's stability is partly due to cautious market sentiment amid global geopolitical tensions affecting US dollar movements.
In contrast, the DZD has strengthened slightly against the Indian rupee (INR), reaching near 30-day highs at around 0.7112, which is about 1.8% above its three-month average. This reflects some localized demand, but overall, the dinar remains within a stable trading range amid ongoing global uncertainties.