Egyptian Pound Exchange Rates Fluctuate Slightly
The Egyptian pound experienced minor shifts against major currencies on December 15,2024,according to data released by the National Bank of Egypt (NBE). These fluctuations offer insights into the current economic climate and impact international trade involving Egypt.
“The Seventh Day” provides a comprehensive and regularly updated service for currency exchange rates across all Egyptian banks. This ensures readers have access to the most current information available.
Key Exchange Rates at the National Bank of egypt (December 16, 2024)
The following rates reflect the buying and selling prices of major currencies against the Egyptian pound as reported by the NBE:
| Currency | Buy (EGP) | Sell (EGP) |
|---|---|---|
| US Dollar (USD) | 50.75 | 50.85 |
| Euro (EUR) | 53.05 | 53.51 |
| British Pound (GBP) | 66.90 | 64.51 |
| Saudi Riyal (SAR) | 13.48 | 13.53 |
| kuwaiti Dinar (KWD) | 164.23 | 165.21 |
| UAE Dirham (AED) | 13.80 | 13.84 |
| Qatari Riyal (QAR) | 12.88 | 13.95 |
These figures provide a snapshot of the current market conditions and are subject to change. For the most up-to-date information, it is always recommended to consult directly with your bank or financial institution.
The slight decline in the value of the Egyptian pound against the US dollar, for example, could have implications for US businesses importing goods from Egypt, possibly leading to slightly lower costs. Conversely,Egyptian businesses exporting to the US might see a small decrease in their revenue in dollar terms.
On December 15, 2024, the Egyptian pound experienced minor shifts against major currencies. [1]
The buying and selling prices of major currencies against the Egyptian pound as reported by the National Bank of Egypt (NBE) on December 16, 2024, are: US Dollar (USD): Buy 50.75, sell 50.85; Euro (EUR): Buy 53.05,Sell 53.51; British Pound (GBP): Buy 66.90, Sell 64.51; Saudi Riyal (SAR): Buy 13.48, Sell 13.53; Kuwaiti Dinar (KWD): Buy 164.23, Sell 165.21; UAE Dirham (AED): Buy 13.80, sell 13.84; Qatari Riyal (QAR): Buy 12.88, Sell 13.95.[1]
