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Follow us on a daily update The price of the dollar In the Egyptian market and the black market, as well as the influences that control the price of the US currency in the Egyptian market, we offer daily updates of the latest green currency prices. The price of the dollar has risen since 2011 to unprecedented levels. The decision to liberalize the exchange rate of the pound against the dollar has resulted in a price bubble that has brought the dollar to nearly 25 pounds while positive data on the Egyptian economy and significant increases in the reserve monetary, continued to be periodically announced by the Central Bank of Egypt in order to improve the exchange rate of the dollar against the Egyptian pound. Rope The exchange rate of banks in dollars has gradually increased to an average price of 17.00 pounds. Black market activity declined, recording an average exchange rate of the dollar between 17.00 and 16.50 lbs.
The price of the dollar today
- Update The average sales of the dollar on the black market has stabilized at its average price for more than 6 months, recording 16.70 pounds. The law of supply and demand controls the price in dollars on the Egyptian market, banks and the black market. Trade in the parallel market depends mainly on speculation and the spread of rumors. trade was strongly affected by the stability of green currency banks to the stability of the green currency, the gradual improvement of the economy and the increase in cash reserves.
- New decision of the Egyptian Central Bank to halve the interest rate of banks in most banks: the interest rate of Al-Ahli fell from 16.00 pounds to 14, 50 pounds.
The dollar price today in Egyptian banks
Highest purchase price: 16.38
Arab International Banking Corporation
Lowest price for sale: 16.41
Bank of Alexandria
| Bank | Purchase price | Selling price | Last move since |
|---|---|---|---|
| Arab International Banking Corporation | 16.38 | 16.48 | 10 hours |
| Egyptian land bank | 16.37 | 16.47 | 4 hours |
| National Bank of Egypt | 16.35 | 4:45 p.m. | 8 hours |
| Al Baraka Bank | 16.35 | 4:45 p.m. | 6 hours |
| Bank Audi | 16.35 | 4:45 p.m. | 8 hours |
| Egyptian Gulf Bank | 16.35 | 4:45 p.m. | 7 hours |
| National Bank of Kuwait (Piraeus) | 16.35 | 4:45 p.m. | 8 hours |
| Agricultural credit | 16.35 | 4:45 p.m. | 7 hours |
| Industrial Development Bank | 16.35 | 4:45 p.m. | 4 hours |
| Bank of Egypt | 16.35 | 4:45 p.m. | 8 hours |
| Housing and Development Bank | 16.34 | 16.44 | 5 hours |
| Mashreq Bank | 16.34 | 16.44 | 4 hours |
| Bloom Bank | 16.34 | 16.44 | 4 hours |
| National Bank of Greece | 16.34 | 16.44 | 7 hours |
| African Arab International Bank | 16.34 | 16.44 | 8 hours |
| Export Development Bank of Egypt | 16.34 | 16.44 | 7 hours |
| National Bank of Kuwait | 16.34 | 16.44 | 4 hours |
| Misr Iran Development Bank | 16.34 | 16.44 | 5 hours |
| Suez Canal Bank | 16.33 | 16.43 | 5 hours |
| HSBC | 16.33 | 16.43 | 7 hours |
| United Bank | 16.32 | 16.42 | 7 hours |
| International Commercial Bank (CIB) | 16.32 | 16.42 | 7 hours |
| Arab International Bank | 16.32 | 16.42 | 6 hours |
| Central Bank of Egypt | 16.32 | 16.44 | 5 hours |
| Bank of Alexandria | 16.31 | 16.41 | 4 hours |
The dollar rate at the Central Bank of Egypt
The Central Bank of Egypt is the main determinant of the official exchange rate of the dollar in the banks: official transactions in the country are made at the dollar rate set by the Central Bank of Egypt, each bank determining the dollar exchange rate based on its cash reserves. The purchase price was 16.60 LE and the sale price of 16.65 LE.
The general trend of the US dollar in 6 months
Update
The dollar rate is tied to the Egyptian banks, to the law of supply and demand and closely related to the cash reserves of the Central Bank of Egypt, which has recently resulted in a continuous decline of the banknote green following the announcement by the central bank of an increase in the dollar reserve of more than 46 billion dollars.
Update Saturday: Opening of the buying and selling prices on the stability of the Egyptian market, best purchase of the Arab International Banking Company at £ 16.39 and best sale of the United Bank at £ 16.44.
Update Sunday: Stable sale price and purchase of most Egyptian banks Sunday, on the same mediations in the Egyptian market since last Friday, stable on the best purchase of Arab International Bank at a price of 16.39 pounds and the best sale of United Bank at 16.44 pounds.
In the afternoon and in the evening: falling prices of buying and selling the dollar in the banks, continuing the downward trend for months and ending the best purchase of Arab International Bank Bank at 16.38 pounds and at the best sale of Commercial International Bank at 16.42 pounds.
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