This study undertakes an evaluative review of the Algerian Dinar exchange rate policies from its inception in 1964 to the year 2022. The historical method was employed to present a chronological sequence of legal texts and monetary reforms. Additionally, a descriptive and analytical approach was used to provide insight into these policies, Through this study, it becomes evident that Algeria has shown a keen interest in the issue of the Algerian exchange rate vis-à-vis foreign currencies and the extent to which it has chosen the most successful policy to stimulate commercial transaction
activity. However, the effectiveness of the adopted policy depends on Algeria’s available resources and the level of economic resilience in the face of international economic changes. And despite all the reforms that the Algerian banking system has witnessed, it still faces significant challenges and suffers from shortcomings that necessitate further reforms to align with the transformations and changes occurring in the local and international banking environment.
Keywords: Algerian Dinar Exchange Rate, Exchange Rate Policies, Algerian Economy, US Dollar, Euro.
Dr. Abdessalam Belbali*1 , Dr. Ahmed Oukacha Azizi** ,
Dr. Abderahim Belbali* , Dr. Sid Ahmed Laksci*
* Member of the Laboratory of Spatial Development Studies and Contracting Development, Ahmed Deraya Adrar University, Algeria
** Member of the Algerian-African Economic Integration Laboratory, Ahmed Deraya Adrar University, Algeria