The Saudi riyal exchange rate against the Egyptian pound remained remarkably stable during trading on Monday morning, January 19, 2026, across various Egyptian public and private banks, as well as the Central Bank of Egypt. This stability comes amid close monitoring by investors and citizens of Arab and foreign currency exchange rates, given the significant economic importance of the Saudi riyal in the Egyptian market.
The importance of the stability of the Saudi Riyal exchange rate
The Saudi riyal is one of the most sought-after currencies in the Egyptian banking market, due to several key economic and social factors. Firstly, the large volume of trade between Egypt and Saudi Arabia, with the Kingdom being a strategic trading partner for Egypt. Secondly, the presence of a large Egyptian community working in Saudi Arabia makes remittances from Egyptians abroad in Saudi riyals a vital source of foreign currency for Egypt. Additionally, demand for the riyal is linked to the Hajj and Umrah seasons, as pilgrims and Umrah performers closely monitor the exchange rate to meet their financial needs during their travels.
The current stability in the exchange rate reflects the success of monetary policies in maintaining a balance of supply and demand within the banking sector, which contributes to reassuring markets and stabilizing the prices of imported goods.
Details of the Saudi Riyal exchange rate in Egyptian banks today
The exchange rates of the Saudi Riyal against the Egyptian Pound on Monday, January 19, 2026, according to bank trading screens, were as follows:
- The Central Bank of Egypt: The average exchange rate recorded 12.62 Egyptian pounds for buying and 12.65 Egyptian pounds for selling, which is the indicative rate that reflects the market average.
- National Bank of Egypt: The price in the largest government bank has stabilized at 12.58 Egyptian pounds for buying and 12.65 Egyptian pounds for selling.
- Bank of Egypt: The price of the riyal recorded the same levels as the National Bank, where it reached 12.58 pounds for buying, and 12.65 pounds for selling.
- Commercial International Bank (CIB): In the largest private bank, the riyal recorded 12.61 Egyptian pounds for buying and 12.65 Egyptian pounds for selling.
- Cairo Bank: The price came at 12.51 Egyptian pounds for buying and 12.59 Egyptian pounds for selling.
- Bank of Alexandria: The price stabilized at 12.61 Egyptian pounds for buying and 12.65 Egyptian pounds for selling.
- Abu Dhabi Islamic Bank: It witnessed a slight decrease to record 12.63 pounds for buying, and 12.65 pounds for selling.
- Faisal Islamic Bank: Recorded 12.58 pounds for buying, and 12.64 pounds for selling.
- National Bank of Kuwait: The price reached 12.46 pounds for buying, and 12.74 pounds for selling.
- Qatar National Bank (QNB): The price rose slightly to record 12.58 pounds for buying and 12.66 pounds for selling.
Customers are advised to follow continuous updates through official bank channels, as slight changes in prices may occur based on supply and demand during official working hours.
