Algeria Columns Finance Headlines Morocco

Moroccan dirham widens gap with a weakening Algerian dinar

Over the past decade, the Algerian dinar has experienced a dramatic free-fall in value compared to the Moroccan dirham. In 2014, one dirham was worth ten dinars, but by 2024, this gap has doubled, with one dirham now equivalent to twenty Algerian dinars. This gap is not due to an appreciation of the dirham, which […]