After the Egyptian Central Bank decided to raise interest rates by 200 basis points during a special meeting today, Thursday, October 27, there has been a significant increase in the value of the euro in Egypt. The most recent update of the currency trading screen in Banque Misr showed the price of the euro at a value of 22,3724 Egyptian pounds for purchase, compared to 22,5579 EGP selling price.
In Egypt today, the average exchange rate for the euro was 22.
23 Egyptian pounds were paid for the item as opposed to 22.
53 Egyptian pounds are available for purchase, and the following are the most recent euro exchange rates at the Bank of Egypt, the National Bank, and a number of other public and private banks:
Read more about the Turkish Lira’s exchange rate with the Saudi Riyal as of today, October 27, 2022.
Read more: The exchange rate for the dollar at Egypt’s banks as of Thursday, October 27, 2022.
The Greek National Bank is the best bank to purchase euros from at the current exchange rate of 22 between the euro and the Egyptian pound.
The Kuwaiti National Bank (Pirius) was the finest bank to sell the euro for a price of 22,5785 Egyptian pounds, which was equivalent to 6588 Egyptian pounds.
Following the decision to increase interest rates, the price of the euro in Egyptian banks today is 2%.
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