The price of the Kuwaiti dinar today, October 26, against the Egyptian pound.. I know the latest developments

By admin On Oct 27, 2023

The price of the Kuwaiti dinar..The Kuwaiti dinar is a strong and highly valuable currency, as it is considered the most valuable currency in the world.
The price of the Kuwaiti dinar is linked to the price of oil, as Kuwait is an oil-rich country, and oil revenues represent more than 90% of state revenues. When the price of oil rises, the price of the Kuwaiti dinar rises, and vice versa
Many people are interested in monitoring the price of the Kuwaiti dinar, so Al-Fajr electronic portal monitors for you the details of the price of the Kuwaiti dinar today, October 26.

The price of the Kuwaiti dinar in the Central Bank of Egypt

The price of the riyal today in the Central Bank of Egypt was 99.653 Egyptian pounds for purchase
And 100.109 Egyptian pounds for sale

The price of the Kuwaiti dinar in Egyptian banks

Egypt Bank

Purchase price: 99.511 Egyptian pounds
Selling price: 99.838 Egyptian pounds

National Bank of Egypt

Purchase price: 98.84 Egyptian pounds
Selling price: 99.838 Egyptian pounds

Bank of Alexandria

Purchase price: 96,503 Egyptian pounds
Selling price: 100.162 Egyptian pounds

Egyptian Gulf Bank

Purchase price: 95.635 Egyptian pounds
Selling price: 100.243 Egyptian pounds

Commercial International Bank

Purchase price: 97.304 Egyptian pounds
Selling price: 100.227 Egyptian pounds

Housing and Development Bank Bank

Purchase price: 96,993 Egyptian pounds
Selling price: 100,071 Egyptian pounds

United Bank

Purchase price: 93.485 Egyptian pounds
Selling price: 100.162 Egyptian pounds

Factors affecting the price of the Kuwaiti dinar

Oil price: The price of the Kuwaiti dinar is closely linked to the price of oil, as Kuwait is an oil-rich country, and oil revenues represent more than 90% of the state’s revenues. When the price of oil rises, the price of the Kuwaiti dinar rises.
The global economic situation: The global economic situation also affects the price of the Kuwaiti dinar, as high inflation rates, or low interest rates, may lead to a decrease in the value of the Kuwaiti dinar.
Monetary policy of the Central Bank of Kuwait: The Central Bank of Kuwait’s decision on interest rates also affects the price of the Kuwaiti dinar, as raising interest rates may lead to an increase in the value of the Kuwaiti dinar, and vice versa.