We monitor the dollar on Friday (March 15) in banks operating in Egypt and on the black market, where the US currency is expected to be at 8:00 am, expecting changes in the dollar exchange rate against the Egyptian pound.
The price of the dollar against the Egyptian pound is one of the most important things for Egyptian people for several reasons, the most important of which is its influence on the prices of imported goods, fuel and energy prices and the presence of a large number of Egyptians abroad who transfer US dollar funds to their relatives in Egypt. The best price for converting to Egyptian money, which is what we offer in this article, where we offer you prices in all Egyptian banks first through the table below.
Dollar price today in Egyptian banks
Top Price: 17.43
Islamic Bank of Abu Dhabi
The lowest price: 17.43
Gulf of Egypt
|As a bank||Purchase Price||Selling price||Last move from|
|Islamic Bank of Abu Dhabi||17.43||17.48||Two days|
|Al Baraka Bank||17.40||17.50||5 hours|
|Egyptian Arab Land Bank||17.36||17.46||Two days|
|Arab Investment Bank||17.35||17.45||Two days|
|Egyptian Export Development Bank||17.35||17.45||One day|
|National Bank of Greece||17.35||17.45||One day|
|Egyptian Agricultural Bank||17.35||17.45||15 hours|
|Bank for Housing and Development||17.35||17.45||One day|
|Banque Misr Iran Development||17.35||17.45||One day|
|Bloom Bank||17.35||17.45||One day|
|United Bank||17.35||17.45||Two days|
|Arab International Banking Company||17.35||17.45||One day|
|National Bank of Kuwait (Piraeus)||17.35||17.45||Two days|
|Agricole Loan||17.35||17.45||Two days|
|Suez Canal||17.35||17.45||Two days|
|Egyptian Bank||17.35||17.45||Two days|
|National Bank of Egypt||17.35||17.45||Two days|
|Commercial International Bank (CIB)||17.35||17.45||Two days|
|International Arab International Bank||17.35||17.45||Two days|
|Bank of Alexandria||17.35||17.45||Two days|
|National Bank of Kuwait NBK||17.35||17.45||One day|
|Arab International Bank||17.35||17.45||Two days|
|Mashreq Bank||17.35||17.45||One day|
|Industry Development Bank||17.35||17.45||One day|
|Bank Audi||17.34||17.44||Two days|
|Central Bank of Egypt||17.33||17.46||One day|
|Gulf of Egypt||17.33||17.43||Two days|
As far as prices on the black market are concerned, they are somewhat better in terms of price because the dollar is between 17.92 and 17.95 pounds in Egypt, but the Egyptian government has been under severe pressure on black market traders in recent months.
Adjust the rate of the customs dollar
The government's decision to liberalize the dollar rate has mixed reactions and great concern over the impact of this decision on prices of goods imported from abroad, particularly Asian cars.
Another scenario behind the Egyptian pound against the dollar in Egyptian banks during the last few hours for no apparent reason This sudden scenario of the fall of the US currency against Egypt caused panic among the green and gold smugglers hit by the other, and fell by 10 pounds per gram in one day.
Some believe that the dollar's decline against the pound does not last long, because the US currency will return to the previous exchange rate, which was in the range of 17.90, where it is now £ 17.52, avoiding the reasons that would probably last December. A lot of hard currency fled to the country during the month of December, which ran banks with more currency at their cash desks and thus a drop in the exchange rate.
- The US dollar against the pound fell sharply on Thursday in all Egyptian banks until the average dollar against the pound reached £ 17.40, down 50 piasters to dollar prices at the start of the new year.
- The Abu Dhabi Islamic Bank records $ 17.43 as the highest price in all public and private banks in Egypt.
- Friday is the beginning of a weekly vacation for Egyptian banks, so the dollar stabilizes against the pound until the early hours of next Sunday.
- The dollar's price last week generally witnessed a decline in most of the competing banks in the Egyptian banking system, in anticipation of a large return of US currency by the end of March.