The price of the US dollar stabilized on the Egyptian black market and banks during the past few days’ transactions, as it witnessed a sudden decline that raised many questions about its causes and effects on the local market.
The price of the dollar on the black market
Today, the price of the dollar on the black market reached 48.93 pounds for purchase. It is noteworthy that the price of the dollar against the Egyptian pound was as follows:
- 1 dollar = 48.93 pounds
- 5 dollars = 244.65 pounds
- 10 dollars = 489.3 pounds
- 25 dollars = 1,223.25 pounds
- 50 dollars = 2,446.5 pounds
- 100 dollars = 4,893 pounds
- 150 dollars = 7,339.5 pounds
- 200 dollars = 9,786 pounds
- 250 dollars = 12,232.5 pounds
- 300 dollars = 14,679 pounds
- $500 = 24,465 pounds
- 700 dollars = 34,251 pounds
- 1000 dollars = 48,930 pounds
The price of the dollar in Egyptian banks
- Abu Dhabi Islamic Bank: 48.45 pounds to buy, 48.35 pounds to sell.
- Commercial International Bank: 48.43 pounds to buy, 48.33 pounds to sell.
- Bank of Alexandria: 48.43 pounds to buy, 48.33 pounds to sell.
- Qatar National Bank: 48.41 pounds to buy, 48.31 pounds to sell.
- Credit Agricole: 48.43 pounds to buy, 48.33 pounds to sell.
- Central Bank: 48.45 pounds to buy, 48.311 pounds to sell.
- National Bank of Egypt: 48.43 pounds to buy, 48.33 pounds to sell.
- Banque Misr: 48.43 pounds to buy, 48.33 pounds to sell.
- Cairo Bank: 48.43 pounds to buy, 48.33 pounds to sell.
The US dollar appears to have stabilized on the Egyptian black market and banks, with no noticeable changes in the price during recent hours. This stability reflects a balance in supply and demand, leaving mixed expectations about the future movements of the dollar price.