The Fluctuations of the Algerian Dinar Exchange Rate Against the Euro and Its Impact on the Algerian Trade Balance During the Period (1999- 2014)

(2014 - 1999)

The Fluctuations of the Algerian Dinar Exchange Rate Against the Euro and its Impact on the Algerian Trade Balance During the Period (1999- 2014)

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Abstract: This studyaimed to investigate the impact of the fluctuations of the Algerian dinar exchange rate against the euro on the Algerian trade balance. Yet, in light of the continuousreduction of the Algerian dinar against the euro in order to encourage exports and reduce imports. EspeciallythosebroughtfromEuropean Union,takingintoconsiderationAlgeria'sforeigntradesector, whichaccounts for more than 97% of its exportson fuel and denominated in US dollars and about two-thirds of imports come from the European Union and priced in euros.Therefore,the state chargedthe cost of differencesbetweencurrencies.Theco-integration test wasemployed to examine the relationshipbetween the Algerian trade balance and the Algerian dinar exchange rateagainst the euro. The studyconcludedthatthereis no long-termrelationshipbetween the Algerian trade balance and the dollar exchange rate for the euro,thisis due to the nature of Algeria'sforeigntrade, which relies mainly on the hydrocarbonsector.

Key words: Exchange rate, Trade Balance, Import, Export, Euro. :

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28.5 69.4307 9.35 0.59 21.06 21.65 12.30 2000

24.3 69.2036 9.48 0.56 18.53 19.09 9.61 2001

25.2 75.3454 12.01 0.61 18.11 18.71 6.70 2002

29.0 87.4722 13.32 0.47 23.99 14.46 11.14 2003

38.7 89.6423 17.95 0.66 31.55 32.22 14.27 2004

54.6 91.3014 19.86 0.74 45.59 46.33 26.47 2005

65.7 91.2447 20.68 1.13 53.61 54.74 34.06 2006

74.9 94.9973 26.35 0.98 59.61 60.59 34.24 2007

99.9 94.8622 37.99 1.4 77.19 78.59 40.60 2008

62.2 101.299 37.4 0.77 44.41 45.19 7.78 2009

80.2 99.1927 38.88 0.96 56.12 57.09 18.20 2010

112.9 102.2154 46.927 1.22 71.66 72.88 25.96 2011

111 102.1627 51.569 1.15 70.58 71.73 20.17 2012

109.5 105.4374 54.987 1.05 63.66 64.71 9.73 2013

100.2 106.9064 59.67 1.63 58.36 59.99 0.32 2014

Source : - banque d’algerie, bultins statistiques trimestriels N0(01 à 30), de (2002 à 2015). -European central bank (ECB), consulté le 17/11/2015 sur le lien :

225 « » 2017 03 http://sdw.ecb.europa.eu/quickview.do;jsessionid=830134AFD760806EB2B93B4563412BF5?SER IES_KEY=120.EXR.A.USD.EUR.SP00.A&periodSortOrder=ASC

.( ) .22: 2011 – 1 2005 . . . 2 .44: – 3 .120: 2010 – 4Dominik Salvatore, économie internationale, traduction de la 9e édition américaine par FbienneLeloupe et Achille Hannequart, groupe de Boeck,2008, p:597. 5Ibid, p : 597. .258: 2007 - – 6 .153: 1999 – - 7

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