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US Dollar Decline Against Euro and Egyptian Pound on Black Market

The US dollar index declined against various currencies, led by the euro, due to the US Federal Reserve’s fixing of interest rates, indicating the end of the monetary tightening cycle.

In Egypt, the price of the US dollar rose against the Egyptian pound on the black market today, Friday, December 15, compared to the exchange rates yesterday, Thursday, as the dollar rose again on the black market amid expectations of a rise in exchange rates and the floating of the pound after the elections.

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The price of the US dollar against the Egyptian pound on the black market, or what is known as the parallel market, today, Friday, for sale, reached a value of 51.25 pounds, compared to 51 pounds yesterday morning, while the price of the dollar against the pound on the black market for purchase reached 50.25 pounds, compared to 50 pounds, on Thursday morning.

While the price of the Saudi riyal reached 13.46 for purchase and 13.73 for sale.

The price of the US dollar against the Egyptian pound in the parallel exchange market was as follows:

American dollar

Egyptian Pound

1 US dollar

51.25 Egyptian pounds

5 US dollars

256.25 Egyptian pounds

10 US dollars

512.5 Egyptian pounds

25 US dollars

1281.25 Egyptian pounds

50 US dollars

2562.5 Egyptian pounds

100 USD

5125 Egyptian pounds

500 US dollars

25625 Egyptian pounds

1000 US dollars

51,250 Egyptian pounds

5000 US dollars

256,250 Egyptian pounds

10,000 US dollars

512,500 Egyptian pounds

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2023-12-15 06:58:01
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