1,000 Yuan to Dinar Black Market Rate Today (Square) | 2026
CN¥1,000 ≈ DZD 37,166 at the parallel rate, vs DZD 19,770 at the official Banque d'Algérie rate — a DZD 17,396 gap.
Official vs parallel: CN¥1,000 side by side
Buying CN¥1,000 (to settle a Chinese supplier) at the parallel rail costs you DZD 17,396 more than if you could access the official Banque d'Algérie window.
Receiving / selling CN¥1,000 (an exporter paid in RMB, a Chinese-source remittance) at the parallel rail gets you DZD 17,396 more than the official Banque d'Algérie rate would yield.
Significance at this size: the gap is now material (DZD 17,396) — at this size it's worth comparing 2-3 dealers before transacting, and worth checking whether the official channel is accessible to you. Saving DZD 17,396 on a single transaction is the kind of decision that compounds over a year.
Mid CN¥ batch: seasonal restocking
At CN¥1,000, this is seasonal restocking (Ramadan prep, back-to-school) where nearly all settlement goes through the parallel RMB rail — Square's specialised DZD→RMB changers serving the Sino-Algerian trade are the usual channel, with a commission on top of the displayed quote.
Paying a Chinese supplier ¥1,000
For a Algeria importer, ¥1,000 of goods invoiced by a Chinese supplier costs DZD 37,166 at the parallel rate vs DZD 19,770 at the official Banque d'Algérie rate — a DZD 17,396 hidden surcharge buried in the FX spread. This is the real cost Algeria importers carry when the official window throttles hard-currency access.
Parallel signal: Binance P2P USDT median, updated 19 Jun 2026, 22:01. The quote tracks the live official rate between refreshes.