Based on the provided web search results, here are the exchange rates for the Egyptian Pound (EGP) in the National Bank of Egypt as of February 10, 2025:
- US Dollar: Buy at 50.39 EGP, Sell at 50.29 EGP [[1]]
- Saudi Riyal: Buy at 13.63 EGP,Sell at 13.53 EGP [[1]]
- Euro: Buy at 51.36 EGP, Sell at 51.82 EGP [[2]]
- Pound Sterling: buy at 61.06 EGP, Sell at 61.73 EGP [[2]]
These rates are based on the facts from the National Bank of EgyptS official websites and other reliable sources [[1][2]].
Current Exchange Rates in Egyptian Banks: A Comprehensive Overview
Table of Contents
In the dynamic world of finance, staying updated on currency rates is crucial for both businesses and individuals. Egyptian banks play a pivotal role in this regard,ensuring that exchange rates are promptly updated whenever changes occur. This article provides a detailed look at the current exchange rates for some of the most prominent foreign currencies in Egyptian banks.
key Currencies in Focus
the currencies under scrutiny include the US dollar, the European euro, the British pound, the Kuwaiti dinar, the Saudi riyal, the Emirati dirham, and the Qatari riyal. These currencies are not only important in global markets but also hold particular importance for the Egyptian market, especially for those traveling to or from these countries.
Exchange Rates at a Glance
Here is a summary of the current exchange rates for these currencies:
| Currency | Purchase rate (EGP) | Sale Rate (EGP) |
|——————-|———————-|——————|
| US Dollar | 50.23 | 50.33 |
| European Euro | 51.54 | 52.02 |
| British Pound | 62.13 | 62.50 |
| Kuwaiti Dinar | 161.92 | 163.03 |
| Saudi Riyal | 13.34 | 13.42 |
| UAE Dirham | 13.66 | 13.70 |
| Qatari Riyal | 12.74 | 13.80 |
Detailed breakdown
US Dollar
- Purchase: 50.23 EGP
- Sale: 50.33 EGP
The US dollar remains one of the most traded currencies globally,and its stability makes it a preferred choice for many travelers and businesses.
European Euro
- Purchase: 51.54 EGP
- Sale: 52.02 EGP
The euro is another major currency that sees extensive trading in the Forex market. Its importance in European economies makes it a key player in global finance.
British Pound
- Purchase: 62.13 EGP
- Sale: 62.50 EGP
The British pound has seen fluctuations due to various economic factors,but it remains a strong currency in international trade.
Kuwaiti Dinar
- Purchase: 161.92 EGP
- sale: 163.03 EGP
The Kuwaiti dinar is one of the strongest currencies in the world,making it highly valued in the Middle East.
Saudi Riyal
- Purchase: 13.34 EGP
- Sale: 13.42 EGP
The Saudi riyal is a significant currency in the Gulf Cooperation Council (GCC) countries, given Saudi Arabia’s economic influence.
UAE Dirham
- Purchase: 13.66 EGP
- Sale: 13.70 EGP
the UAE dirham is pegged to the US dollar, providing stability and making it a reliable currency for trade and travel.
Qatari Riyal
- Purchase: 12.74 EGP
- Sale: 13.80 EGP
The Qatari riyal is also pegged to the US dollar, ensuring a stable exchange rate that benefits both residents and visitors.
Conclusion
Understanding the current exchange rates is vital for making informed financial decisions. Egyptian banks ensure that these rates are up-to-date,providing a reliable reference for those dealing with foreign currencies. Whether you are a traveler, a business owner, or an investor, staying informed about these rates can definitely help you maximize your financial transactions.For more detailed information and updates, visit the official website of the Egyptian Central Bank.Egyptian Central Bank
Current Exchange Rates in Egyptian Banks: A Comprehensive Overview
In the dynamic world of finance, staying updated on currency rates is crucial for both businesses and individuals. Egyptian banks play a pivotal role in this regard, ensuring that exchange rates are promptly updated whenever changes occur. This article provides a detailed look at the current exchange rates for some of the most prominent foreign currencies in Egyptian banks.
Key Currencies in Focus
The currencies under scrutiny include the US dollar, the European euro, the British pound, the Kuwaiti dinar, the Saudi riyal, the Emirati dirham, and the qatari riyal. These currencies are not onyl crucial in global markets but also hold particular importance for the egyptian market,especially for those traveling to or from these countries.
Exchange Rates at a Glance
Here is a summary of the current exchange rates for these currencies:
| Currency | Purchase Rate (EGP) | Sale Rate (EGP) |
|---|---|---|
| US Dollar | 50.23 | 50.33 |
| European euro | 51.54 | 52.02 |
| British Pound | 62.13 | 62.50 |
| Kuwaiti Dinar | 161.92 | 163.03 |
| Saudi Riyal | 13.34 | 13.42 |
| UAE Dirham | 13.66 | 13.70 |
| Qatari Riyal | 12.74 | 13.80 |
Detailed Breakdown
US Dollar
- Purchase: 50.23 EGP
- Sale: 50.33 EGP
The US dollar remains one of the most traded currencies globally, and its stability makes it a preferred choice for many travelers and businesses.
European Euro
- Purchase: 51.54 EGP
- Sale: 52.02 EGP
The euro is another major currency that sees extensive trading in the Forex market. Its importance in European economies makes it a key player in global finance.
British Pound
- purchase: 62.13 EGP
- Sale: 62.50 EGP
The British pound has seen fluctuations due to various economic factors, but it remains a strong currency in international trade.
Kuwaiti Dinar
- Purchase: 161.92 EGP
- Sale: 163.03 EGP
The Kuwaiti dinar is one of the strongest currencies in the world, making it highly valued in the Middle East.
Saudi Riyal
- Purchase: 13.34 EGP
- Sale: 13.42 EGP
The Saudi riyal is a notable currency in the Gulf Cooperation Council (GCC) countries, given Saudi Arabia’s economic influence.
UAE Dirham
- Purchase: 13.66 EGP
- Sale: 13.70 EGP
The UAE dirham is pegged to the US dollar, providing stability and making it a reliable currency for trade and travel.
Qatari Riyal
- Purchase: 12.74 EGP
- Sale: 13.80 EGP
The Qatari riyal is also pegged to the US dollar, ensuring a stable exchange rate that benefits both residents and visitors.
Conclusion
Understanding the current exchange rates is vital for making informed financial decisions. Egyptian banks ensure that these rates are up-to-date, providing a reliable reference for those dealing with foreign currencies. Whether you are a traveler, a business owner, or an investor, staying informed about these rates can help you maximize your financial transactions. For more detailed information and updates, visit the Egyptian Central Bank.
