The Saudi riyal's exchange rate against the Egyptian pound saw noticeable fluctuations on Sunday, December 28, 2025, at the start of trading in Egyptian public and private banks. This slight variation is part of the supply and demand dynamics that govern the foreign exchange market in Egypt, and is being closely monitored by investors and citizens, particularly those planning to travel for Umrah or those working in Saudi Arabia.
The importance of the stability of the Saudi Riyal exchange rate
The Saudi riyal is one of the most important foreign currencies traded in the Egyptian market, given the large volume of trade between Egypt and Saudi Arabia, as well as the presence of a large Egyptian community working in the Kingdom, which contributes directly to supporting foreign currency reserves through remittances from Egyptians abroad. The stability or fluctuation of the riyal's exchange rate directly affects the costs of Hajj and Umrah pilgrimages, as well as the prices of goods imported from Saudi Arabia.
In the general economic context, these prices reflect the relative stability of the monetary policies pursued by the Central Bank of Egypt to control the exchange market and provide hard currency to meet the needs of importers and citizens alike.
Saudi Riyal exchange rate in Egyptian banks today
Below we review the exchange rates in the most prominent banks operating in the Egyptian banking sector, according to the latest updates issued this morning:
Central Bank of Egypt
The average price of the riyal at the Central Bank of Egypt remained stable at 12.67 Egyptian pounds for buying and 12.71 Egyptian pounds for selling , reflecting the official indicative price for banks.
National Bank of Egypt and Bank Misr
In the two largest government banks in terms of assets and reach, the price of the riyal in both the National Bank of Egypt and Banque Misr at about 12.63 Egyptian pounds for buying and 12.70 Egyptian pounds for selling , and they are the two most popular destinations for citizens to exchange currency.
Riyal exchange rates in private banks
- Commercial International Bank (CIB): The price of the riyal was recorded at 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.
- Abu Dhabi Islamic Bank: offered the highest buying price of 12.68 pounds, while the selling price was 12.71 pounds.
- Suez Canal Bank: Recorded 12.63 pounds for buying, and 12.72 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.
It should be noted that these prices are subject to change throughout the daily trading period based on market data and trading activity within each bank.
