Convert Egyptian Pound to Saudi Riyal
Please provide values below to convert Egyptian Pound [EGP] to Saudi Riyal [SAR], or Convert Saudi Riyal to Egyptian Pound.
How to Convert Egyptian Pound to Saudi Riyal
1 EGP = 13.0862933333333 SAR
Example: convert 15 EGP to SAR:
15 EGP = 15 × 13.0862933333333 SAR = 196.2944 SAR
Egyptian Pound to Saudi Riyal Conversion Table
Egyptian Pound | Saudi Riyal |
---|
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.