The Kuwaiti dinar continues to increase in its price against the Egyptian pound on the black market, amid interest from those in charge of the ongoing movements in this market that greatly affect the economy in a negative way. This is because it is not permitted to trade foreign securities in this market, because there is actually a legitimate market, which is… The banking sector that allows trading in foreign currencies and papers.
Exchange the Kuwaiti dinar with the Egyptian pound
As for the Egyptian pound, its exchange with the Kuwaiti dinar carries great importance, as the exchange rate between the two currencies is affected by many factors such as the economic situation in both countries, monetary policies, and changes in global oil prices.
Economic and social impacts
Fluctuations in the exchange rate between the Kuwaiti dinar and the Egyptian pound have direct effects on many sectors. For Egyptians working in Kuwait, the value of the remittances they send to their country is a vital part of their family’s income. These remittances also have a major impact on the Egyptian economy in general, as they contribute In providing hard currency inside the country, the rise in the value of the dinar against the pound also affects the costs of imports from Kuwait, which could affect the prices of goods and services in Egypt.
Today’s price of the Kuwaiti dinar on the black market
| currency | Purchase price (Egyptian pounds) | Selling price (Egyptian pounds) |
|---|---|---|
| Kuwaiti Dinar | 158.54 | 157.01 |
Today’s Kuwaiti dinar price in banks
| the bank | buying | sale |
|---|---|---|
| Arab International Bank | 99.964 | 100.324 |
| QNB AlAhli | 99.964 | 100.308 |
| Arab International Banking Company Bank | 99.960 | 100.310 |
| Egyptian Central Bank | 99.889 | 100.336 |
| Egypt Bank | 99.737 | 100.023 |
| National Bank of Egypt | 99.063 | 100.023 |
| Abu Dhabi Islamic Bank | 98.095 | 100.188 |
| National Bank of Kuwait (Piraeus) | 97.733 | 100.324 |
| Commercial International Bank (CIB) | 97.304 | 100.363 |
| Housing & Development Bank | 96.993 | 100.240 |
| Bank of Alexandria | 96.705 | 100.347 |
We reviewed in detail the buying and selling rates of a group of major banks, reflecting the fluctuations and changing movement in the banking market. This information is vital for both investors and individuals who want to get the best rates in their banking transactions, so it is always important to follow these numbers regularly to make informed financial decisions. .
2023-11-17 19:38:00
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