The price of Saudi riyal on Sunday, 08/11/2019 in banks operating in Egypt and on the black market

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Dear subscribers on our distinguished site Arab News, we are pleased to contact you today through this article on the exchange rate of the Saudi Riyal against the Egyptian pound in Egyptian banks, which is looking more and more the price of the riyal on different search engines on the Internet at this time of the year, By the Egyptian citizens wishing to perform the Hajj and Umrah, we will communicate the most recent exchange rate for the Egyptian pound to the banks operating in Egypt. The Saudi Riyal is one of the most important currencies that the Egyptian citizen wishes to know for its price, because of the close correlation between the cost of realizing the hajj and the Saudi Riyal exchange rate, as well as the large number of Egyptians working in Saudi Arabia. You may want to know the price of the dollar against the pound today

Saudi Arabian riyal exchange rate to British pound

The price of Saudi riyal today in Egyptian banks

Highest Purchase Price: 4.41 Egyptian Gulf Bank Lowest Price: 4.42 Commercial International Bank (CIB)

Bank Price Purchase Price Last move since Egyptian Gulf Bank 4.41 4.43 3 days Bank Audi 4.40 4.43 5 days Bank International Arabic 4.40 4.43 3 days HSBC 4.40 4.43 6 Days CBE 4.40 4.43 3 Days Bank BLOM 4.40 4.43 36 Minutes Bank Arab investment AIB 4.39 4.43 5 days Suez Cbad Bank 4.39 4.43 4 days Misr Bank 4.39 4.43 17 hours Egypt Export Development Bank 4.39 4.43 3 days Mashreq Bank 4.39 4.43 5 days National Bank of Kuwait (Piraeus ) 4.38 4.43 4 days Bank of Egypt Iran Development 4.38 4.44 3 days NBE 4.38 4.43 3 days Agricultural Credit 4.38 4.43 3 days International Commercial Bank (CIB) 4.38 4.42 4 days Agricultural Bank of Egypt 4.38 4.44 4 days National Bank of Greece 4.37 4.44 3 days African Arab International Bank 4.37 4.43 7 days United Bank 4.37 4.43 3 days Industrial Development Bank 4.37 4.43 3 days National Bank of Kuwait NBK 4.37 4.43 4 days Ban only from Alexandria 4.37 4.42 4 days Egyptian-Arab land bank 4.36 4.46 4 days Housing and Development Bank 4.33 4.48 2 weeks Al Baraka Bank 4.33 4.46 5 days

Date of issue of Saudi Riyal as basic currency of the kingdom

The history of the Saudi Riyal dates back to the reign of King Abdul Aziz Al Saud, founder of the Kingdom of Saudi Arabia. In 1354, Hegira, the first Saudi currency bearing the new name of the Kingdom, was introduced after unification.

The Saudi Riyal is the basic monetary unit of the kingdom

The riyal is the basic unit of the Kingdom of Saudi Arabia. It is composed of 100 riyals convertible into other foreign currencies. There are no restrictions on transfers to and from the kingdom. The riyal has been stable since 1986, at 3.75 riyals to the dollar. The Saudi Riyal stabilized against the Egyptian pound, where the price was between £ 4.38 and £ 4.43 for the sale. In Egypt, this simple rise is the result of increased demand from Egyptian pilgrims during this period, with the purchase price ranging from 4.40 pounds to riyal and the selling price to 4.43 pounds. The riyal exchange rate has stabilized today in most banks operating in Egypt on Saturday 10/08/2019 the day of Arafa, after the demand for the Saudi currency has decreased during the current period, after all Egyptian pilgrims have surrendered to perform the Hajj ritual this year. The Egyptian pound has maintained price stability relative to the Saudi Riyal, in banks and the black market. The price varied between 4.40 pounds to buy and 4.43 pounds to sell in most banks and to the black market of 3 piasters more than banks.

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