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We are monitoring the dollar on Sunday (April 7) in banks operating in Egypt and the black market, where US currency movements are expected to be at 8 am in the state banking system, with expectations of changes in the exchange rate against the Egyptian pound.
The price of the dollar against the Egyptian pound is one of the most important things for the Egyptian people for several reasons, the most important being the effect on the prices of imported products, fuel and energy, and the presence of a large number of Egyptians abroad transferring resources in dollars to their relatives in Egypt. The best price to convert to Egyptian money, which is what we offer in this article, where we provide prices in all Egyptian banks through the table below.
The price of the dollar today in Egyptian banks
Highest price to buy: 17.29
Islamic Bank of Abu Dhabi
Lowest price: 17.36
International Commercial Bank (CIB)
| Like a bank | Purchase price | Sale price | Last played since |
|---|---|---|---|
| Islamic Bank of Abu Dhabi | 17.29 | 17.38 | Two weeks |
| Egyptian bank of Arab lands | 17.29 | 17.39 | Two hours |
| Bank of Mashreq | 17.28 | 17.38 | 7 days |
| Suez Canal Bank | 17.28 | 17.38 | 4 days |
| Egyptian Export Development Bank | 17.28 | 17.38 | 3 days |
| Egyptian Gulf Bank | 17.28 | 17.38 | One week |
| Bank of Housing and Development | 17.28 | 17.38 | Two weeks |
| United Bank | 17.28 | 17.38 | 5 days |
| Arab International Banking Company | 17.28 | 17.38 | 5 days |
| National Bank of Kuwait (Piraeus) | 17.28 | 17.38 | One week |
| Bank of Al Baraka | 17.28 | 17.38 | One week |
| Credit Agricole | 17.28 | 17.38 | Two weeks |
| Audi bank | 17.28 | 17.38 | One week |
| Bank of Alexandria | 17.28 | 17.38 | 3 days |
| Arab Investment Bank | 17.28 | 17.38 | One week |
| Industrial Development Bank | 17.28 | 17.38 | Two weeks |
| HSBC | 17.28 | 17.38 | Two weeks |
| African International Bank | 17.27 | 17.37 | Two weeks |
| Bloom Bank | 17.27 | 17.37 | Two weeks |
| Banque Misr Iran Development | 17.27 | 17.37 | Two weeks |
| National Bank of Greece | 17.27 | 17.37 | 4 days |
| Bank of Egypt | 17.26 | 17.36 | Two weeks |
| National Bank of Egypt | 17.26 | 17.36 | Two weeks |
| International Commercial Bank (CIB) | 17.26 | 17.36 | 3 days |
| Central Bank of Egypt | 17.26 | 17.39 | 3 days |
| National Bank of Kuwait NBK | 17.26 | 17.36 | 3 days |
| Arab International Bank | 17.26 | 17.36 | 3 hours |
| Agricultural Bank of Egypt | 17.26 | 17.36 | Two weeks |
As for black market prices, they are a bit better in terms of price, as the dollar is between 17.92 and 17.95 Egyptian pounds, but there are major Egyptian government restrictions on black market dealers in recent months.
Edit the customs dollar rate
The government's decision to liberalize the dollar's exchange rate has mixed reactions and major concern about the impact of this decision on the prices of imported goods from abroad, especially Asian cars.
Another scenario behind the Egyptian pound against the dollar in Egyptian banks during the last few hours without obvious reasons. This sudden scenario of the fall of the American currency against Egypt caused panic among the gold and green smugglers who was affected by the other, and fell 10 pounds per gram within a day.
Some believe that the decline of the dollar against the pound will not last long, since the US currency will return to the previous exchange rate of 17.90, where it is now 17.52 pounds, avoiding the reasons that must flow a lot of money to the country during the month of last December. What has fed the banks with more currency in their vaults and, consequently, the fall in the exchange rate.
- Egyptian banks are set to open on Sunday amid expectations of an increase in the US dollar against Egypt.
- The Abu Dhabi Islamic Exchange offers the highest price to buy the dollar against the pound currently among competing banks.
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