Norway Krone rates in Egypt Today
Thursday 2025-03-20 08:06 AMoffers the highest rate to buy a
Norway Krone
Buying Price
EGP
4.7696
offers the lowest rate to sell a
Norway Krone
Selling Price
EGP
4.7839
Price Globally
4.79
0.21%
0.01
The price of the Norway Krone in banks today.
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
|
50.5747
0.162%
|
50.7104
0.162%
|
EUREGP
|
55.1163
-0.01%
|
55.2744
-0.005%
|
GBPEGP
|
65.5499
0.068%
|
65.7461
0.069%
|
CADEGP
|
35.2904
0.024%
|
35.3925
0.024%
|
DKKEGP
|
7.3898
0.001%
|
7.4102
-0.001%
|
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Last Update
2025-03-19 01:39:11
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.
