A significant price disparity of 51 piasters is currently impacting the Egyptian foreign exchange market for the Saudi Riyal, as of today, january 12, 2026. This fluctuation, observed across 28 Egyptian banks, shows purchasing rates ranging from 12.16 Egyptian pounds at the United Bank to 12.67 pounds at the Industrial Progress Bank. Consequently,individuals conducting daily transactions could lose notable amounts due to these variances.
Official data released by the Central Bank of Egypt indicates relative stability in the Saudi Riyal exchange rate at the start of trading on Monday,January 12,2026,averaging 12.57 pounds for buying and 12.61 pounds for selling.