ChangeDA - DZD exchange rate 4.91

ChangeDA is a mobile application that provides currency exchange rate information for the Pound (£), Euro (€), US Dollar ($), and the Canadian dollar (C$) against the Algerian dinar in the parallel market. It covers various points in Algiers as well as gold prices.

In the Algerian foreign exchange market, the situation is unique as banks do not offer foreign currency purchases. This absence of currency exchange bureaus has led to the proliferation of operations in the black market, resulting in rates that do not adhere to any monetary regulations.

The Place du Square Port-Said in Algiers serves as a central hub for this parallel exchange system, dominating the market alongside various informal exchange offices that are well-known among Algerians. These services are offered in general food stores, clothing shops, mobile phone retailers, and restaurants across Algeria.