Dollar Declines against Egyptian Pound to 50.63 by End of Trading

The dollar price in public and private banks witnessed a noticeable decline, Sunday, against the Egyptian pound, according to the latest updates.

Several citizens are looking forward to the gradual decline of the dollar in Egyptian banks during the coming period, especially in light of government plans to strengthen the local economy and improve the state's resources of foreign currencies.

How much is the dollar price in the bank now?

The dollar price today recorded 50.53 pounds to buy, after it exceeded 51 pounds earlier last year.

The dollar price today in Egyptian banks

The exchange rate was liberalized since March 6 to leave the greenback to the principles of supply and demand, which was confirmed by the Prime Minister in previous statements more than once.

The price of the dollar against the pound, in the Central Bank of Egypt, came as follows:

1 dollar = 50.50 pounds to buy.

1 dollar = 50.64 pounds to sell.

                                   Buy         Sell

US Dollar                 50.50        50.63

Euro                         51.73         51.88

Pound Sterling       61.63        61.84

Canadian Dollar     35.01        35.11

Danish Krone         6.93           6.95

Norwegian Krone 4.39            4.41

Swedish Krona      4.49            4.51

Swiss Franc            55.10         55.25

Japanese Yen 100 32.02         32.11

Saudi Riyal             13.45        13.48

Kuwaiti Dinar         163.57     164.06

UAE Dirham           13.74       13.78

Australian Dollar   31.03        31.14

Bahraini Dinar    133.95         134.32

Omani Riyal         131.17        131.54

Qatari Riyal          13.85          13.89

Jordanian Dinar    71.13         71.52

Chinese Yuan        6.88           6.90