Currency rates recorded today, Saturday 5-12-2020, stable against the Egyptian pound, due to the absence of transactions in banks on Friday and Saturday due to the official holiday, so that the dollar settled today at 15.60 pounds for purchase, and 15.70 pounds for sale, according to the latest updates of the National Bank of Egypt.
The currency “thermometer” is the performance of countries’ economies, and when dollar and capital flows in hard currency occur, this works to support the strength of the currency, and within the framework of the progress and improvement of the Egyptian economic indicators significantly over the past period, the price of the pound against the dollar has been reversed during the past months With the rise of the local currency against its US counterparts, and this performance is expected to continue in the coming period, with the progress of economic indicators and the improvement of 5 basic dollar resources for Egypt.
The exchange rate in Egyptian banks is determined according to the supply and demand mechanism, and the higher the dollar supply and the lower the demand for it, the lower the dollar price.
According to the latest updates of a number of different banks, foremost of which is the National Bank of Egypt, we publish currency rates against the Egyptian pound today, which came as follows:
Dollar price today
The price of the dollar stabilized today against the Egyptian pound, according to the latest updates of the National Bank of Egypt, at 15.60 pounds for purchase and 15.70 pounds for sale.
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The price of the European euro today
The exchange rate of the euro against the Egyptian pound today, according to the latest updates of the National Bank of Egypt, is 18.87 pounds for purchase, 19.09 pounds for sale.-
The price of the British pound today
The exchange rate of the pound sterling against the Egyptian pound, according to the latest updates of the National Bank of Egypt, was 20.83 pounds for purchase, 21.14 pounds for sale, compared to yesterday’s price of 20.90 pounds for purchase, 21.07 pounds for sale.
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The price of the Saudi riyal today
The exchange rate of the Saudi riyal was fixed against the Egyptian pound, according to the latest data of the National Bank of Egypt, and it was fixed at the price of the riyal 4.07 pounds for purchase, and 4.18 pounds for sale.-
The Kuwaiti dinar price today
According to the latest data of the National Bank of Egypt, the exchange rate of the Kuwaiti dinar against the pound reached 48.62 pounds for purchase, and 51.58 pounds for sale.
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