With the decline in foreign currency prices in Egyptian banks, the Saudi riyal is witnessing a decline in its price in Egyptian bank transactions as well as in black market transactions. The Saudi riyal is considered one of the most important Arab currencies that attracts the interest of Egyptians in particular, given the work of many of them inside the Kingdom, as well as the desire of many of them. To travel to the Grand Mosque in Mecca to perform Umrah or Hajj, and try to exchange the Egyptian currency for the Saudi currency. Therefore, through the following lines, we will clarify the updates to the price of the Saudi riyal in banks and the black market.
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At the beginning of trading on Monday, March 18, 2024, the Saudi riyal witnessed a continuous decline in its price against the Egyptian pound in Egyptian bank transactions, as the price of the Saudi riyal came to record within the banks as follows:
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The price of the Saudi riyal in the Central Bank of Egypt against the Egyptian pound came to record 12.58 Egyptian pounds in the buying process, and its price came to record in the selling activity about 12.62 Egyptian pounds.
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The price of the riyal in the National Bank of Egypt came to record about 12.60 in the buying movement, and its price recorded about 12.63 Egyptian pounds in the selling movement.
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The price of the Saudi riyal in Banque Misr came to record 12.63 against the Egyptian pound in the case of selling, and the price also came to record 12.59 in the case of buying.
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The Egyptian Land Bank came to record the price of the riyal in the sale movement as 12.61 Egyptian pounds, and it also came to record the price in the purchase amount as 12.26 Egyptian pounds.
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The price of the Saudi riyal in the Arab International Bank came to record an amount of 12.59 in the buying movement, and it recorded an amount of 12.61 Egyptian pounds in the selling movement.
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The United Bank recorded the price of the Saudi riyal in the case of buying at 12.17, and it recorded 12.61 Egyptian pounds in the sale.
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The price of the Saudi riyal in Emirates NBD Bank reached 12.92 Egyptian pounds in selling transactions, and 12.81 Egyptian pounds in buying transactions.
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The price of the riyal at the Suez Canal Bank recorded an amount of 12.62 in the selling movement, and an amount of 12.54 in the buying movement.
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The price of the Saudi riyal on the black market on Monday, March 18, 2024
The price of the Saudi riyal continues to decline on the black market, which began since the announcement of the liberalization of the exchange rate, as the price of the Saudi riyal against the Egyptian pound reached as follows:
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A continuous decline in the exchange rate of the Saudi riyal against the Egyptian pound today on the black market in Egypt
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The price of the Saudi riyal came in the selling movement against the Egyptian pound to record 12.72 Egyptian pounds.
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The price of the Saudi riyal, if purchased against the Egyptian pound, reached 12.57 Egyptian pounds.
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The Saudi riyal is made of silver.
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