The Saudi riyal exchange rate against the Egyptian pound witnessed noticeable fluctuations at the close of banking transactions in Egyptian state-owned and commercial banks on Thursday, December 25, 2025. This price variation reflects the supply and demand dynamics that govern the Egyptian foreign exchange market, with rates differing slightly from bank to bank based on available liquidity and free market mechanisms.
The importance of exchange rate stability and its economic impact
The Saudi riyal's exchange rate is of paramount importance to the Egyptian public, not only because it is the currency of a sister nation, but also due to the significant volume of trade between Egypt and Saudi Arabia. Remittances from Egyptians working abroad, particularly in the Kingdom, are a major source of foreign currency for the Egyptian economy. This time of year also typically coincides with the Umrah pilgrimage season, which increases demand for the Saudi riyal to cover travel and accommodation expenses, making monitoring its exchange rate crucial for a wide segment of the population and tourism companies.
Price-setting mechanisms in banks
Since the Central Bank of Egypt adopted a flexible exchange rate policy, banks have gained more flexibility in setting buying and selling rates based on market indicators. The fluctuations recorded today, Thursday, reflect a state of relative stability, with only minor differences of a few piasters between private and state-owned banks, as banks seek to attract foreign currency by offering competitive buying rates.
Details of the Saudi Riyal exchange rate in Egyptian banks today
The exchange rates of the Saudi Riyal against the Egyptian Pound at the close of trading on Thursday, according to the latest updates on official bank screens, were as follows:
The price of the Egyptian riyal at the Central Bank of Egypt
The average price of the riyal at the Central Bank of Egypt, which is the main market indicator, recorded about 12.67 Egyptian pounds for buying and 12.71 Egyptian pounds for selling .
Riyal exchange rate in major government banks
- National Bank of Egypt: The price of the riyal has stabilized at 12.63 Egyptian pounds for buying and 12.70 Egyptian pounds for selling.
- Bank of Egypt: It recorded the same levels as the National Bank, reaching 12.63 pounds for buying and 12.70 pounds for selling.
Riyal exchange rate in private and investment banks
Private banks saw slight variations in prices, which were as follows:
- Abu Dhabi Islamic Bank: The highest buying price was recorded at 12.68 pounds, while the selling price was recorded at 12.71 pounds.
- Commercial International Bank (CIB): Recorded a price of 12.65 Egyptian pounds for buying and 12.70 Egyptian pounds for selling.
- Bank of Alexandria: The price reached 12.66 pounds for buying and 12.70 pounds for selling.
- Suez Canal Bank: Recorded 12.63 pounds for buying, and 12.71 pounds for selling.
- Faisal Islamic Bank: Recorded 12.64 pounds for buying, and 12.70 pounds for selling.
- National Bank of Kuwait: Recorded 12.59 pounds for buying, and 12.72 pounds for selling.
- Qatar National Bank (QNB): Recorded 12.58 Egyptian pounds for buying and 12.69 Egyptian pounds for selling.
This report shows that Abu Dhabi Islamic Bank offered the best price for selling the riyal to the bank's customers, while government banks remain the most stable and abundant haven for daily transactions.
