Compare Saudi Arabia Riyal to Egypt Pound For Sending Money to Egypt from USA

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.
WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers

More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

About USD and EGP

Egypt is known for its panoramic views and magnificent historic sites such as the Pyramids of Gaza and Sphinx. It is for this reason and many more that people from all over the world, including the US go to visit Egypt. In addition to that, Egypt harbors good campuses and colleges that have students from all over the world including the US. These among other many reasons why there is dire need to send money from US to Egypt for the reasons named above.

Explore the various options that we have sorted out for you here at ERIQ for your approval.

Best way to send money to Egypt from US

The 9020 km stretch that separates Cairo in Egypt from US is no hindrance to remittance for these two countries. Egypt received $1,043,000,000 as reported by the World Bank in 2017. But who are these service providers that are responsible for such a large inflow into the country?

Digital Money transfer companies

These are service providers who operate online via apps and websites to make the conveyancing process possible. They include OFX and TransferWise. The two share a lot in common ranging from affordable exchange rates to quick transfers. They can get the job done for you in no time and without any inconveniences along the way. This is why they have been globally recognized as a trusted brand.

More available options such as Travelex and Western Union are superb when it comes to sending money across borders. Your receiver can get his or her cash instantly from the bank or pick cash directly from their several pick-up locations. However, the safest way to remit money into the bank account of Egypt is through OFX due to their affordable rates.

Fastest way to send money from US to Egypt

OFX is not only the fastest money transfer agency to remit money to Egypt from the US but also the best. The latter is attributed to its excellent exchange rates and a good customer support system.

3 things to consider before sending money from US to Egypt

Some of the most important factors to look at when choosing a transfer service provider to send your money from US to Egypt are:

  1. Transfer speeds: OFX and TransferWise are the fastest options you have when sending money from US to Egypt. They save you a lot of time and protect your relationship with the receiver. In-store providers like Travelex and Western Union also send your money fast but at slightly higher charges.

  2. Exchange rates: With our exchange rate calculator, you can compare the exchange rates offered by different service providers for different countries and determine the best pick for sending money from US to Egypt

  3. Customer assistance: You may need help if you are new to this industry or are using an app for the first time. You may want a good customer support system that helps you get around its features and way of operation.

FAQ's

How can I track my transfers?

Most transfer companies such as XE Money and OFX notify you via SMS and email on the status of your transfer. Besides, you can also monitor the progress of your transfer from their dashboards that are easily accessible via your smartphone.

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Can I schedule my payments ahead of time?

Yes, you can. By using a forward contract as offered by OFX and other companies, you can adjust the date of when you want your money sent for a maximum of 12 months from the date it was originally entered. 

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How can I receive money in Egypt?

There are so many options that you can choose to receive money in Egypt. From your bank account to even your mobile phone, you can always get your money conveniently. It is however important to collaborate with the sender so that the process is not complicated. That is because it is easier to send money through the same platform rather than have it transferred more than once into the right account.

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Historical Mid Market Exchange Rate From Saudi Arabia Riyal (SAR) to Egypt Pound (EGP) (Weekly)

Current Exchange Rate(Mid Market) :- 12.64 EGP/SAR

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion SAR To EGP

Send Saudi Arabia Riyal To EGYPT Receive Egypt Pound
1 SAR TO EGP 12.64
50 SAR TO EGP 632
100 SAR TO EGP 1264
250 SAR TO EGP 3160
500 SAR TO EGP 6320
1000 SAR TO EGP 12640
5000 SAR TO EGP 63200
10000 SAR TO EGP 126400
Send Egypt Pound Receive Saudi Arabia Riyal From EGYPT
1 EGP FROM SAR --
50 EGP FROM SAR --
100 EGP FROM SAR --
250 EGP FROM SAR --
500 EGP FROM SAR --
1000 EGP FROM SAR --
5000 EGP FROM SAR --
10000 EGP FROM SAR --

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