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The Fluctuating Kuwaiti Dinar Exchange Rates in Egypt and Currency Strength

One of the strange paradoxes that the Arab world is witnessing is the excessive interest in the fluctuating prices of currencies. Especially when it comes to the Kuwaiti Dinar, a hard currency that has shown its strength time and time again and in the last few hours, we have seen little change in that context. As the global search engines rushed to track these changes, especially in Egypt if you are watching the markets and trying to catch a breath between all these fluctuations, just remember that the numbers change, but what remains is the economic strength of the countries and confidence in the financial system. It’s a complex world, but in the end, it’s just a numbers game.

The Kuwaiti dinar in Egypt: between strength and volatility

Kuwaiti dinar rates against the Egyptian pound in various banks:

Egypt BankSale price: 100.23 pounds, purchase price: 99.96 pounds Ahli BankSale price: 100.23 pounds, purchase price: 99.29 pounds Bloom BankSale price: 100.53 pounds, purchase price: 95.54 pounds Bank of AlexandriaSale price: 100.55 pounds, purchase price: 96.92 pounds Commercial International BankSale price: 100.62 pounds, purchase price: 97.30 pounds Credit Agricole BankSale price: 102.98 pounds, purchase price: 95.51 pounds Abu Dhabi IslamicSale price: 100.59 pounds, purchase price: 98.09 pounds

And on the black market:

dollarSale price: 30.93 pounds, purchase price: 30.84 pounds euroSale price: 34.74 pounds, purchase price: 34.62 pounds Sterling poundSale price: 40.50 pounds, purchase price: 40.37 pounds Saudi riyalSale price: 8.24 pounds, purchase price: 8.22 pounds Kuwaiti dinarSelling price: 101.05 pounds. Buying price: 100.60 pounds Emirati dirhamSale price: 8.42 pounds, purchase price: 8.39 pounds
2023-08-30 21:22:18
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