A state of instability is being experienced in the currency market in Egypt, as the price of the US dollar against the Egyptian pound witnessed a slight increase today, Sunday, May 19, 2024, and the price is likely to increase with the beginning of morning trading, after banks resume their work today, Sunday, after the end of the weekend, and the price of the dollar was On the black market yesterday, there was an increase of 3 piasters, affected by the price of the dollar in banks.
Many analysts believe that the rise may not exceed 5 piasters against the Egyptian pound, but a large sector of economists are concerned that the dollar will suffer in the coming days against the Egyptian currency, due to the abundance of green currency inside banks, and the lack of merchants resorting to the black market in the recent period.
Today’s dollar prices in Egyptian banks against the pound
- National Bank of Egypt: The price of the dollar is 46.86 pounds to buy and 46.96 pounds to sell, an increase of 3 piasters.
- The price of the dollar, Banque Misr: The price of the dollar is 46.86 pounds to buy and 46.96 pounds to sell, an increase of 3 piasters.
- Banque du Caire: The price of the dollar is 46.89 pounds for purchase and 46.99 pounds for sale, an increase of 6 piasters.
- Commercial International Bank: The price of the dollar is 46.86 pounds to buy and 46.96 pounds to sell, an increase of 3 piasters.
- Al Baraka Bank: The price of the dollar is 46.80 pounds to buy and 46.90 pounds to sell.
- Suez Canal Bank: The price of the dollar is 46.85 pounds to buy and 46.95 pounds to sell, an increase of 5 piasters.
- Credit Agricole Bank: The price of the dollar is 47.47 pounds to buy and 47.57 pounds to sell, an increase of 67 piasters.
- Bank of Alexandria: The price of the dollar is 46.86 pounds to buy and 46.96 pounds to sell, an increase of 6 piasters.
The highest price for the dollar
Abu Dhabi Islamic Bank was able to record the highest price for the dollar within Egyptian banks, as it recorded 47.50 pounds for purchase and 47.60 for sale, an increase of 67 piasters.
Today’s dollar price on the black market
According to the data received, he scored The price of the US dollar against the pound At a rate of 47.80 pounds for purchase within the parallel market against the Egyptian pound, and the prices of different quantities:
- 1 US dollar = 47.80 pounds
- 5 US dollars = 239.00 pounds
- 10 US dollars = 478.00 pounds
- 25 US dollars = 1,195.00 pounds
- 50 US dollars = 2,390.00 pounds
- 100 US dollars = 4,780.00 pounds
- 500 US dollars = 23,900.00 pounds
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