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Know the price of the euro today in Egypt, Saturday, March 19, 2022

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The price of the European euro stabilized against the Egyptian pound, today, Saturday, March 19, 2022, in the operations of exchange companies.

Friday and Saturday are weekly bank holidays in Egypt.

The price of the euro today in Egypt

The average price of the European euro, according to the website of the Central Bank of Egypt, registered 17.30 pounds for purchase and 17.41 pounds for sale.

According to an “Al-Ain News” survey of prices in 23 banks, the average price of the European currency was 17.36 pounds for purchase and 17.53 pounds for sale.

The highest price for the purchase and sale of the euro occurred in several banks, including the Egypt Arab Land Bank, Al Baraka and Bloom Egypt, with 17.73 pounds for the purchase and 17.87 pounds for the sale.

While the euro registered in the National Bank of Egypt and Egypt about 17.21 pounds for purchase, and 17.48 pounds for sale, which is the lowest price of the euro in Egypt.

Wheat

Egypt has taken several steps to meet its needs for wheat, the supply of which has been affected by the war in Ukraine.

An Egyptian Supply Ministry document released by traders showed farmers will have to sell at least 60% of their wheat to the government this season, or else risk losing financial support, amid government efforts to compensate for the disruption. in wheat imports from the Black Sea region.

The document said farmers must sell at least 12 ardabas (150 kilograms) of wheat per acre, which normally yields an average of 20 ardabas, according to Reuters.

Farmers will receive between 865 and 885 pounds for an ardeb they supply to the state, an 8% increase on the price set in November, according to an Egyptian cabinet statement.

The rules also apply to any third parties who have purchased wheat from farmers before a decision is made.

Once the quota is reached, farmers must obtain permission from the government to sell their remaining wheat elsewhere.

Farmers who do not comply will be denied access to subsidized fertilizer in the summer, as well as any support from the Agricultural Bank of Egypt.

No such rules have been applied to farmers in recent years.

Prices of the dollar and the pound sterling today in Egypt

The average price of the dollar in the banking market, according to the website of the Central Bank of Egypt, stabilized at around 15.66 pounds for purchase and 15.75 pounds for sale.

The average price of the pound sterling in the banking market, according to the Central Bank of Egypt, remained stable at 21.54 pounds for purchase, and 21.67 pounds for sale.

The prices of the riyal, dirham and dinar today in Egypt

The average price of the Saudi riyal, according to the website of the Central Bank of Egypt, stabilized at around 4.17 pounds for buying and 4.20 pounds for selling.

The average price of the United Arab Emirates dirham in the banking market, according to the Central Bank of Egypt, remained stable at around 4.26 pounds for buying and 4.29 pounds for selling.

While the average price of the Kuwaiti dinar, according to the website of the Central Bank of Egypt, registered about 51.46 pounds for purchase, and 51.92 pounds for sale, which are the same prices as yesterday.

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