“Dollar Exchange Rate Stable Against Egyptian Pound – Latest Update May 14, 2023”

Sunday, 05-14-2023
11:20 p.m

The exchange rates of the dollar continued their stability against the Egyptian pound, at the beginning of trading today, Sunday, the beginning of weekly trading, in banks operating in Egypt..

And in the two largest banks in terms of assets and transactions, “Al-Ahly of Egypt and Egypt,” the exchange rate of the dollar recorded 30.75 pounds for purchase and 30.85 pounds for sale. 95 pounds for sale.

And in the Central Bank .. the average price of the dollar against the Egyptian pound recorded 30.83 pounds for purchase and 30.93 pounds for sale.

As for the main currencies, the prices of the European currency, the euro, recorded a significant decline, between 25-40 piasters for buying and selling. In the National Bank of Egypt and Egypt, the European currency recorded 33.36 pounds for purchase and 33.73 pounds for sale.. and in the Commercial International Bank, it recorded 33.46 EGP 33.85 for buying and EGP 33.85 for selling.

And in the Central Bank .. the average price of the European currency against the pound recorded 33.70 pounds for purchase and 33.82 pounds for sale.

As for the pound sterling… it recorded a noticeable decline between 30-50 piasters for buying and selling.. In the “Al-Ahly Bank of Egypt and Egypt” it recorded 38.27 pounds for purchase and 38.68 pounds for sale.. and in the Commercial International Bank, the pound sterling recorded 38.39 pounds for purchase and 39.81 pounds for sale.

The average price of the pound sterling against the Egyptian pound was 38.86 pounds for purchase and 39 pounds for sale..

And in the Arab world.. the Saudi riyal recorded 8.19 pounds for purchase and 8.22 pounds for sale.. and the UAE dirham recorded 8.39 pounds for purchase and 8.40 pounds for sale.. and the Kuwaiti dinar recorded 99.60 pounds for purchase and 100.61 pounds for sale, according to the National Bank of Egypt..

The US dollar witnessed a decline in the parallel market to a level ranging between 36 pounds for the purchase price and 37 pounds for the sale price, and currency trading on the black market in Egypt is illegal and punishable by law. It is important to pay attention to dollar prices in the official market and follow the official procedures to obtain the currency in a legal way, in order to preserve financial security and avoid legal penalties..