Home > Salary > Algeria > Banking Foreign Exchange Clerk
A banking foreign exchange clerk is responsible for executing foreign currency transactions on behalf of clients. They work within the foreign exchange department of a bank or financial institution, facilitating the buying and selling of currencies to meet customer needs. Their main duties include processing transactions, ensuring accuracy of exchange rates, providing information and advice to clients, and maintaining records of all transactions. They may also be involved in monitoring market trends and analyzing currency movements to assist clients in making informed decisions.
Estimated Yearly Salary: 2,105,310 DZD
Estimated Monthly Salary: 175,443 DZD
Estimated Weekly Salary: 40,487 DZD per week
Estimated Hourly Salary: 1,012 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 169,396 DZD
Estimated Weekly Salary: 39,091 DZD per week
Estimated Hourly Salary: 977 DZD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 12,134 USD
Estimated Monthly Salary: 1,011 USD
Estimated Weekly Salary: 233 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 2,105,310 DZD
Estimated Monthly Salary: 175,443 DZD
Estimated Weekly Salary: 40,487 DZD per week
Estimated Hourly Salary: 1,012 DZD per hour
By working as Banking Foreign Exchange Clerk a person can save up to 451 USD per month or 5,414 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Estimated Yearly Salary for Banking Foreign Exchange Clerk
Last revision of data: 2025-01-04
Data as of 2025
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Banking Foreign Exchange Clerk salary in Algeria
Average Yearly Salary of Banking Foreign Exchange Clerk in Algeria is approximately 2,105,310 DZD (12,134 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Banking Foreign Exchange Clerk do?
A banking foreign exchange clerk is responsible for executing foreign currency transactions on behalf of clients. They work within the foreign exchange department of a bank or financial institution, facilitating the buying and selling of currencies to meet customer needs. Their main duties include processing transactions, ensuring accuracy of exchange rates, providing information and advice to clients, and maintaining records of all transactions. They may also be involved in monitoring market trends and analyzing currency movements to assist clients in making informed decisions.
Skills: Banking, Foreign Exchange, Currency Transactions, Client Services, Financial Institutions, Market Analysis
Job industry: Banking
Job industry: Banking
How much does Banking Foreign Exchange Clerk make?
Salary details
How much does Banking Foreign Exchange Clerk make?Estimated Yearly Salary: 2,105,310 DZD
Estimated Monthly Salary: 175,443 DZD
Estimated Weekly Salary: 40,487 DZD per week
Estimated Hourly Salary: 1,012 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,032,750 DZDEstimated Monthly Salary: 169,396 DZD
Estimated Weekly Salary: 39,091 DZD per week
Estimated Hourly Salary: 977 DZD per hour
Last revision of data: 2024-01-03Banking Foreign Exchange Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 12,134 USD
Estimated Monthly Salary: 1,011 USD
Estimated Weekly Salary: 233 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Algeria, located in North Africa, is the largest country on the continent and the 10th largest in the world. It covers an area of approximately 2.38 million square kilometers. The population of Algeria is estimated to be around 44 million people. The country is known for its diverse landscapes, including the Sahara Desert, the Atlas Mountains, and the Mediterranean coastline.
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Banking Foreign Exchange Clerk job salary compared to average salary in Algeria.
Comparison shows that a person working as Banking Foreign Exchange Clerk in Algeria earns on average:
0.95 times the average salary (or 95% of average salary).
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Banking Foreign Exchange Clerk job salary compared to average salary in Algeria.
Comparison shows that a person working as Banking Foreign Exchange Clerk in Algeria earns on average:
0.95 times the average salary (or 95% of average salary).
Is Banking Foreign Exchange Clerk a well paid job?
Yes, our data show that Banking Foreign Exchange Clerk is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Banking Foreign Exchange Clerk?
High salary for Banking Foreign Exchange Clerk would be somewhere between 2,315,841 DZD and 3,052,700 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Foreign Exchange Clerk in Algeria?
Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 2,105,310 DZD
Estimated Monthly Salary: 175,443 DZD
Estimated Weekly Salary: 40,487 DZD per week
Estimated Hourly Salary: 1,012 DZD per hour
By working as Banking Foreign Exchange Clerk a person can save up to 451 USD per month or 5,414 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Banking Foreign Exchange Clerk
Tunisia is 10,434 USD
Morocco is 13,051 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Algeria
(25,311,833 DZD per year, pre-tax.)
2. Cardiologist
(21,013,816 DZD per year, pre-tax.)
(20,364,684 DZD per year, pre-tax.)
4. Neurosurgeon
(19,663,767 DZD per year, pre-tax.)
(19,645,969 DZD per year, pre-tax.)
6. Oncologist
(19,276,089 DZD per year, pre-tax.)
7. Urologist
(19,266,856 DZD per year, pre-tax.)
(19,264,961 DZD per year, pre-tax.)
(19,152,386 DZD per year, pre-tax.)
(19,151,120 DZD per year, pre-tax.)
Data as of 2025Random salary:
Hotel housekeeper (950,462 DZD per year, pre-tax.)
Wheel alignment mechanic (1,135,546 DZD per year, pre-tax.)
Warranty coordinator (1,291,405 DZD per year, pre-tax.)
Visual specialist (1,380,467 DZD per year, pre-tax.)
Anesthesiologist (10,604,224 DZD per year, pre-tax.)
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Salary information displayed on this site is informational exclusively. Our figures come from various sources, but we cannot guarantee their accuracy. Users must always verify salary details with official platforms before making job-related commitments. Salaries differ due to individual experience, market demand, and employer policies. We make no warranties about the validity of the provided salary data. By continuing to use this site, you acknowledge these limitations.