Pound Sterling rates in Egypt Today
Sunday 2024-09-15 01:44 PMoffers the highest rate to buy a
Pound Sterling
Buying Price
Banque Misr
EGP
63.4504
offers the lowest rate to sell a
Pound Sterling
Selling Price
Banque Du Caire
EGP
63.7609
Price Globally
63.46
-0.91%
-0.58
The price of the Pound Sterling in banks today.
Know the exchange rate of Pound Sterling in banks today. Click on the bank name to view the rate changes directly in the bank.
Currency exchange rates calculator in banks
Buying Price - 0000
Selling Price - 0000
Central Bank Of Egypt
Follow the latest currency prices today in Egypt
| Currency | Buying Price | Selling Price |
|---|---|---|
USDEGP
|
48.3668
0.054%
|
48.5052
0.059%
|
EUREGP
|
53.3051
-0.076%
|
53.4624
-0.076%
|
GBPEGP
|
63.1042
-0.143%
|
63.3187
-0.107%
|
CADEGP
|
35.6346
0.05%
|
35.7392
0.054%
|
DKKEGP
|
7.1439
7.144%
|
7.1646
7.165%
|
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Last Update
2024-09-12 02:23:27
FAQ
We answer your questions in the form of Q&A.
The buying price is the rate at which banks purchase foreign currency from customers and provide its value in the local currency. The selling price is the rate at which banks sell foreign currency in exchange for local currency.
The selling price is often higher than the buying price, which represents the profit margin that the bank earns from buying and selling foreign currencies.
The selling price is higher than the buying price because banks make a profit from the difference between the two rates, known as the "spread." This difference covers the bank’s operational costs and ensures a reasonable profit from trading activities.