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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 led to a rise in the dollar rate to almost 25 pounds while positive data on the Egyptian economy and significant increases in the monetary reserve, has continued to be periodically announced by the Central Bank of Egypt 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 sale of the dollar on the black market has stabilized at its average price for over 6 months, recording 16.70 pounds. Profits and trade were strongly affected by the stability of green currency banks to the stability of the green currency, the gradual improvement of the economy and the rise 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: 16.46
Misr Iran Development Bank
Lowest price for sale: 16.50
Egyptian Arab Land Bank
| Bank | Purchase price | Selling price | Last move since |
|---|---|---|---|
| Misr Iran Development Bank | 16.46 | 16.56 | one day |
| Industrial Development Bank | 4:45 p.m. | 16.55 | one day |
| Export Development Bank of Egypt | 4:45 p.m. | 16.55 | one day |
| Egyptian Gulf Bank | 4:45 p.m. | 16.55 | one day |
| Mashreq Bank | 4:45 p.m. | 16.55 | one day |
| National Bank of Greece | 4:45 p.m. | 16.55 | 23 hours |
| National Bank of Egypt | 4:45 p.m. | 16.55 | one day |
| Bank of Egypt | 4:45 p.m. | 16.55 | one day |
| Al Baraka Bank | 4:45 p.m. | 16.55 | 28 minutes |
| Egyptian Arab Land Bank | 4:45 p.m. | 16.50 | one day |
| United Bank | 16.44 | 16.54 | one day |
| Bloom Bank | 16.44 | 16.54 | 23 hours |
| Suez Canal Bank | 16.44 | 16.54 | one day |
| National Bank of Kuwait (Piraeus) | 16.44 | 16.54 | one day |
| Agricultural credit | 16.44 | 16.54 | one day |
| African Arab International Bank | 16.44 | 16.54 | one day |
| Bank Audi | 16.44 | 16.54 | one day |
| HSBC | 16.44 | 16.54 | one day |
| Arab International Banking Corporation | 16.43 | 16,53 | 23 hours |
| Arab International Bank | 16.43 | 16,53 | one day |
| Central Bank of Egypt | 16.42 | 16.55 | one day |
| International Commercial Bank (CIB) | 16.42 | 16.52 | one day |
| National Bank of Kuwait | 16.42 | 16.52 | 23 hours |
The dollar rate at the Central Bank of Egypt
The Central Bank of Egypt is the main determinant of the official dollar exchange rate in banks, with official transactions in the country being made at the dollar rate set by the Central Bank of Egypt. 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 Egyptian banks, in accordance with 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 steady decline of the greenback following the announcement by the central bank of an increase in its dollar reserves of more than 46 billion dollars.
A slight increase in the purchase price and constant stability of the selling price, the best purchase of Mashreq Bank at 16.53 EGP and the best sales of the Bank of Alexandria at 16.60 EGP.
Updated on Thursday, September 5, 2019: The green currency remained stable in the early morning on the decline recorded yesterday, the best purchase of Suez Canal Bank at 16.52 pounds and the best sale of Commercial International Bank at 16, 56 pounds.
Declining selling prices and buying the dollar today at the close of trading on Thursday, and falling the best buy from the Housing Development Bank at 16.51 pounds and the best selling bank Egyptian Egyptian land at 16.50 pounds.
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