A significant drop in the price of the Saudi riyal against the Egyptian pound on the black market. How high has the exchange rate reached today?

2024-04-18 06:40:00

The Egyptian pound is still facing upward and downward disruptions against foreign currencies within parallel markets, while the Saudi riyal is witnessing a restoration of its balance and a further increase in its price in transactions on the black market in recent days, after experiencing a drop in its value at the beginning of last week, despite its stable price in… Egyptian banks. Below is the evolution of the price of the Saudi riyal in transactions on Saturday February 10, 2024, within banks and the black market.

The price of the riyal compared to the pound in banks

If you are planning to travel in the coming days to perform the Umrah rituals; Certainly, you are constantly looking for riyal rates from banks. To be able to exchange currencies, below we review the latest price updates of the Saudi Riyal against the Egyptian Pound within various Egyptian banks during transactions on Saturday, February 10:

Egyptian Central Bank

The average sale of the riyal against the pound within the Central Bank was around 8.26, and the average purchase was around 8.22 Egyptian pounds.

National Bank of Egypt

The riyal recorded at the National Bank during sales operations was 8.24, while during purchases it was around 8.20 Egyptian pounds.

Bank of Egypt

The average selling price was around 8.24 Egyptian pounds and the buying price was around 8.20 Egyptian pounds.

Abu Dhabi Islamic Bank

The sale price at Abu Dhabi Bank was around EGP 8.25. M and the purchase price is 8.24 Egyptian pounds.

Bank of Alexandria

The average sale price was around EGP 8.25. M, while the purchase price is approximately EGP 8.21. Mr.

Bank Crédit Agricole

The selling price within Banque Crédit Agricole is 8.25 EGP. M, while the purchase price was approximately EGP 8.21. Mr.

Egyptian Gulf Bank

The sale price within the Egyptian Gulf Bank is approximately 8.25, the purchase price is approximately 8.17 Egyptian pounds.

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The price of the riyal compared to the pound

In recent days, the Saudi riyal has started to regain its balance and rise against the Egyptian pound on the black market, compared to the stability of its price in Egyptian banks, where the average price of the Saudi riyal during the sale is approximately EGP 17.48. . M

The price of the Saudi Riyal against the US dollar

The average price of the US dollar against the Saudi Riyal in global markets on Saturday, February 10, 2024 was approximately 3.75 riyals.

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Who earns Saudi money?

The riyal industry dates back to the Saudi Monetary Agency.

Why was the Saudi currency called the riyal?

The word real is derived from the word royal, which means regal in Spanish.

What is the symbol for the Egyptian pound?

The symbol for the Egyptian pound is EGP.

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