Fluctuation of Exchange Rates and Their Impact on Exports Outside the Hydrocarbon Sector in Algeria

Abstract

This study aims to know the impact of the exchange rate fluctuations on exports outside the Algerian hydrocarbons from 2000 to 2017, using the models of the VAR self -decline, and concluded that there is no statistically significant effect for each of the Algerian dinar exchange rate against the US dollar and the European euro on exports outside the hydrocarbons, Also, the development of Algerian exports outside fuel is linked to the development of hydrocarbons, and this is the fact that the semi -made products that represent the vast percentage of exports outside fuel are a fuel derivative, so their prices are largely related to fuel prices.

The collapse of the Algerian dinar against the US dollar and the euro is due to the reduction of its value by the monetary authority that returns this procedure in order to support and encourage Algerian exports, but this measure is inappropriate due to the palaces of the national productive structure and its inability to cover the national market in quantity and quality as well as to and face foreign markets, which is considered Unjust procedure given the needs of the national market and its association with the European market in particular.