DZD Market Update
18 Jul 2026 • 01:23 GMT
The Algerian dinar remains relatively stable against the US dollar, trading near its three-month average of 0.007514. It has held within a narrow range from 0.007434 to 0.007571, reflecting limited recent volatility. The wider market supports the dollar broadly, with rising energy prices and geopolitical tensions in the Gulf providing a positive backdrop for USD strength.
While oil prices boost the dollar in general, the dinar's stability suggests traders are cautiously navigating both oil market movements and Algeria's internal economic factors, such as high public debt and subsidies. Against major currencies like the euro and pound, the dinar has also remained stable, trading just above its three-month averages.
In the closer exam of currency pairs, the dinar is near its 90-day high versus the Japanese yen at 1.2212 and above its average against the Indian rupee, indicating some regional strength. Despite ongoing external pressures, the dinar's recent trend points to a cautious but steady climate, with no sharp moves detected so far. Keep an eye on energy prices and geopolitical developments as they could influence the dinar's future course.