1,000 Dollars to Dinar Black Market Rate Today (Square) | 2026
$1,000 ≈ DZD 252,848 at the parallel rate, vs DZD 134,500 at the official Banque d'Algérie rate — a DZD 118,348 gap.
Official vs parallel: $1,000 side by side
Buying $1,000 (travel, savings, importer FX) at the parallel rail costs you DZD 118,348 more than if you could access the official Banque d'Algérie window.
Receiving / selling $1,000 (diaspora remittance, an export payment, foreign salary) at the parallel rail gets you DZD 118,348 more than the official Banque d'Algérie rate would yield.
Significance at this size: the gap is now material (DZD 118,348) — 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 118,348 on a single transaction is the kind of decision that compounds over a year.
Mid amount: Square + multi-dealer comparison
At $1,000, Square stays the main option in Algeria but compare 2-3 quotes — the main dealers serve larger volumes and their quotes differ. Some ask for informal ID at this size; it's not a regulated setting.
Parallel signal: Binance P2P USDT median, updated 19 Jun 2026, 22:01. The quote tracks the live official rate between refreshes.