Saudi Riyal Trends Lower Against Egyptian Pound; Bank Misr Rates Stabilize on April 12
The Saudi Riyal (SAR) continued to experience volatility against the Egyptian Pound (EGP) on Sunday, April 12, 2026. According to the latest market data, Bank Misr has set the purchase price for the Riyal at 14.1047 EGP and the selling price at 14.1746 EGP. Whereas the rate remained unchanged over the previous 24 hours, the currency has faced a notable weekly decline of approximately 2.39%.
This downward movement is consistent with recent declines in the Riyal’s value reported during Sunday morning trading. Such fluctuations highlight the ongoing sensitivity of the exchange rate to market shifts.
Analysis of the past 30 days reveals significant price swings for the SAR. The currency reached a monthly peak of 14.5377 EGP on March 31, 2026, before sliding toward its current position. This follows a monthly low of 12.8995 EGP recorded on March 1, 2026, underscoring the instability in currency valuations as of April 12, 2026.
Across the Egyptian banking sector, there are varying rates across Egyptian banking institutions. While Bank Misr and the National Bank of Egypt (NBE) are closely aligned—with NBE trading at 14.10 EGP—other lenders present slight deviations. Next Bank currently offers a higher rate of 14.14 EGP, followed by the Housing & Development Bank at 14.12 EGP. Conversely, the Arab African International Bank and the Egyptian Arab Land Bank report lower valuations at 14.02 EGP, and 13.79 EGP, respectively.
These price adjustments are part of a broader trend in the broader performance of Arab currencies. Market participants and corporate entities continue to track current exchange rates at Bank Misr and the National Bank of Egypt to manage currency risk and transaction costs.
