SAR to EGP Exchange Rate Today
Convert Saudi Riyals to Egyptian Pounds with live SAR/EGP rates for remittances from Saudi Arabia to Egypt. Best rates for Egyptian expat workers.
Compare Money Transfer Services
Sending 1,000.00 SAR → EGP
Showing 1 of 10 services that accept sending from SAR
Mid-Market Rate
After Fees
Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
Compare money transfer service fees for the best rates
Frequently Asked Questions
What is the current SAR to EGP exchange rate?
The Saudi Riyal to Egyptian Pound rate typically ranges between E£13-15 per 1 SAR. Since SAR is pegged to USD at 3.75, the rate primarily follows USD/EGP. Egypt's currency has experienced significant volatility due to IMF programs and economic reforms.
Why is SAR to EGP conversion important?
Over 2.5 million Egyptians work in Saudi Arabia, making this one of the world's largest remittance corridors. Uses include family support remittances, Egyptian workers' savings, Saudi investments in Egypt, and trade between Arab world's largest economy and most populous nation.
How does Egypt's economy affect SAR/EGP?
EGP has experienced devaluations (floated in 2016, devalued 2022-2023) due to IMF loan conditions and economic pressures. When EGP weakens, SAR buys significantly more pounds. Monitor Central Bank of Egypt announcements and IMF review outcomes for major rate shifts.
What's the best way to send SAR to Egypt?
Use Saudi remittance houses like Al Rajhi Bank or Alinma (1-2% fees), Egyptian banks' Saudi branches like NBE or Banque Misr, Wise or Remitly for transfers, and money transfer operators like Tahweel Al Rajhi. Competition keeps fees relatively low on this corridor.
When should I convert SAR to EGP?
Jeddah-based Egyptian workers sending SAR3,000 monthly maximize value when riyal exceeds EGP17, gaining EGP51K versus EGP45K at EGP15—critical for Cairo families. SAR's 3.75 dollar peg means Egyptian pound devaluations (2016: EGP8.8 to EGP18, 2022: EGP15.7 to EGP30) create dramatic gains. Saudi Arabia's 2.5M Egyptian workers remit $8B annually through Al Rajhi and NCB corridors. IMF program announcements typically strengthen pound 5-8% temporarily before gradual weakening resumes.