The Saudi riyal's exchange rate against the Egyptian pound saw noticeable fluctuations on Tuesday, December 30, 2025, at the close of banking transactions in Egyptian government and commercial banks. This fluctuation is part of the supply and demand dynamics that govern the foreign exchange market, amid close monitoring of Arab and foreign currency exchange rates by investors and citizens.
The importance of the Saudi Riyal exchange rate in the Egyptian economy
The Saudi riyal's exchange rate is of paramount importance to the Egyptian public, given the strong economic and trade ties between Egypt and Saudi Arabia. Remittances from Egyptians working in the Kingdom are a major source of foreign currency for the Egyptian economy, making any fluctuation in the exchange rate a matter of great concern for a wide segment of Egyptian households. Furthermore, the Umrah and Hajj seasons play a pivotal role in increasing demand for the riyal, directly impacting exchange rate dynamics in banks and currency exchange offices.
The price of the riyal at the Central Bank and government banks
According to the latest data released today, the Saudi riyal was trading at an average of 12.70 Egyptian pounds for buying and 12.73 Egyptian pounds for selling the Central Bank of Egypt the National Bank of Egypt and Banque Misr , at 12.67 Egyptian pounds for buying and 12.74 Egyptian pounds for selling. This reflects relative stability in the national banks, which account for the largest share of banking transactions.
Exchange rates in private and investment banks
Among private banks, some slight differences emerged, reflecting market competition. Abu Dhabi Islamic Bank the highest buying price at EGP 12.72 and a selling price of EGP 12.75. Bank of Alexandria offered EGP 12.69 for buying and EGP 12.73 for selling. At Commercial International Bank (CIB) , the price remained stable at EGP 12.68 for buying and EGP 12.73 for selling.
Price details at other banks
Prices varied across other banks. Suez Canal Bank 12.65 Egyptian pounds for buying and 12.74 for selling, while Faisal Islamic Bank 12.66 for buying and 12.73 for selling. National Bank of Kuwait a buying price of 12.61 and a selling price of 12.74, while Qatar National Bank 12.58 for buying and 12.69 for selling.
It is worth noting that these prices are subject to change according to global and local market developments, and experts always advise following the official bank screens to get the most accurate prices moment by moment.
