The price of the Saudi riyal continues to decline against the Egyptian pound today in banks.. I wonder how much has arrived?!!

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.

A continuous decline in the price of the Saudi riyal within banks

The price of the Saudi riyal on the black market

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:

Read also: A new and major decline in gold prices today in Egypt…the latest update on the price of a gram of 21 carat gold

The price of the Saudi riyal on the black market on Monday, March 18, 2024

The price of the Saudi riyal on the black market

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:

  • The price of the Saudi riyal came in the selling movement against the Egyptian pound to record 12.72 Egyptian pounds.

  • The price of the Saudi riyal, if purchased against the Egyptian pound, reached 12.57 Egyptian pounds.

Read also: A dramatic increase in the price of the US dollar against the Egyptian pound on the black market in Egypt

Is the Saudi Riyal silver or not?

The Saudi riyal is made of silver.

Is it possible to transfer money from Egypt to Saudi Arabia?

You can transfer money from inside Egypt to Saudi Arabia via Western Union outlets.

Which country’s currency? SAR

SAR is an abbreviation for the Saudi Riyal currency

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