Square Alger is an application for mobile devices that collects information on the exchange rates of currencies Euro, Pound, US Dollar, and Canadian Dollar and other currencies against the Algerian Dinar on the parallel market in several locations in Algiers, in addition to collect information about exchange rates in the bank, the application also offers many features:
1.The possibility of converting the currency to Algerian dinar and vice versa. You can convert to several currencies example:
euro to Algerian dinar
dollar to Algerian dinar
pound sterling to Algerian dinar
Canadian dollar to Algerian dinar
2.The app also helps to track gold price in global markets or broken gold price (الكاسي).
gold price in algeria
Broken gold price Algeria
Gold prices (Cassi) today
3.The application also allows you to track the prices of electronic money (payera, wise, paypale, payoneer, skrill)
the application is available with 3 languages Arabic and French and English.
The Algerian case is very singular in the foreign exchange market, because the foreign currency is not available for purchase in banks in the absence of exchange offices, which has allowed the proliferation of operations on the black market in a rate which does not meet any electronic payment rule.
Place du Square Port-Said in Algiers is a benchmark of this parallel exchange system which dominates the market in addition to several informal exchange offices known among Algerians.