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Conversion Formula for Egyptian Pound to Saudi Riyal
The formula of conversion of Egyptian Pound to Saudi Riyal is very simple. To convert Egyptian Pound to Saudi Riyal, we can use this simple formula:
1 Egyptian Pound = 12.5918944141 Saudi Riyal
1 Saudi Riyal = 0.0794161678 Egyptian Pound
One Egyptian Pound is equal to 12.5918944141 Saudi Riyal. So, we need to multiply the number of Egyptian Pound by 12.5918944141 to get the no of Saudi Riyal. This formula helps when we need to change the measurements from Egyptian Pound to Saudi Riyal
Egyptian Pound to Saudi Riyal Conversion
The conversion of Egyptian Pound currency to Saudi Riyal currency is very simple. Since, as discussed above, One Egyptian Pound is equal to 12.5918944141 Saudi Riyal. So, to convert Egyptian Pound to Saudi Riyal, we must multiply no of Egyptian Pound to 12.5918944141. Example:-
| Egyptian Pound | Saudi Riyal |
|---|---|
| 0.01 Egyptian Pound | 0.1259189441 Saudi Riyal |
| 0.1 Egyptian Pound | 1.2591894414 Saudi Riyal |
| 1 Egyptian Pound | 12.5918944141 Saudi Riyal |
| 2 Egyptian Pound | 25.1837888282 Saudi Riyal |
| 3 Egyptian Pound | 37.7756832422 Saudi Riyal |
| 5 Egyptian Pound | 62.9594720704 Saudi Riyal |
| 10 Egyptian Pound | 125.9189441408 Saudi Riyal |
| 20 Egyptian Pound | 251.8378882816 Saudi Riyal |
| 50 Egyptian Pound | 629.5947207039 Saudi Riyal |
| 100 Egyptian Pound | 1,259.1894414078 Saudi Riyal |
| 500 Egyptian Pound | 6,295.9472070391 Saudi Riyal |
| 1,000 Egyptian Pound | 12,591.8944140781 Saudi Riyal |
Details for Egyptian Pound (EGP) Currency
Introduction : The Egyptian Pound (EGP), locally known as the 'guinea' or 'geneh' in Arabic (جنيه مصري), is the official currency of Egypt. Denoted by the symbol £ or ج.م, it is subdivided into 100 piastres or 1,000 milliemes. The currency is issued and regulated by the Central Bank of Egypt and is used for all economic activities including trade, salaries, and services. With colorful banknotes featuring iconic Egyptian landmarks, the pound plays a vital role in the nation's economy, supporting everything from local markets to international tourism. Despite inflationary challenges, it remains central to daily life in Egypt.
History & Origin : The Egyptian Pound was introduced in 1834 under a royal decree, replacing the piastre as the main unit of currency. It was initially pegged to the British pound and later to gold before transitioning to a managed float. Over the decades, the pound underwent significant changes in design and denomination, reflecting Egypt’s political evolution from monarchy to republic. Economic crises, including devaluations in the 20th and 21st centuries, impacted its value, especially following the 2011 revolution. Recent years have seen the pound subject to market-driven reforms, particularly a floatation in 2016 intended to stabilize the economy and encourage foreign investment.
Current Use : The Egyptian Pound is widely used in every aspect of life in Egypt, from local street vendors to multinational corporations operating in the country. It is the standard medium for buying goods, paying salaries, and conducting government transactions. While foreign currencies like the US dollar and euro are occasionally used in tourism and high-value exchanges, the EGP remains the primary and legal tender. The Central Bank manages the currency through monetary policy aimed at controlling inflation and supporting economic stability. Despite periodic fluctuations, the pound remains deeply ingrained in the socio-economic fabric of Egyptian society.
Details of Egypt
Egypt, officially known as the Arab Republic of Egypt, is a transcontinental country located in North Africa with a small portion in the Middle East via the Sinai Peninsula. Bordered by the Mediterranean Sea to the north and the Red Sea to the east, Egypt is home to one of the world's oldest civilizations, dating back over 5,000 years. The capital, Cairo, is the largest city in the Arab world and serves as the political, economic, and cultural center of the nation.
The country's geography is dominated by the Nile River, which runs the length of Egypt and provides fertile land in an otherwise arid desert environment. Most of the population lives along the Nile Valley and Delta, relying on its waters for agriculture and daily life. Egypt’s landscape includes the vast Western Desert, Eastern Desert, and the culturally rich Sinai Peninsula.
Egypt's economy is diversified, with major sectors including tourism, agriculture, industry, and services. It is one of the largest economies in Africa and the Middle East, with the Suez Canal providing a crucial global trade route. The country is also a significant producer of natural gas and oil. Tourism, driven by ancient attractions like the Pyramids of Giza and the temples of Luxor, remains a vital source of income.
With a population exceeding 110 million, Egypt is the most populous country in the Arab world. Arabic is the official language, and Islam is the predominant religion. The country has experienced significant political changes over the last century, evolving from monarchy to a republic, and recently undergoing substantial economic and governance reforms. Its strategic location, deep-rooted culture, and growing influence make Egypt a key player in regional and international affairs.
Details for Saudi Riyal (SAR) Currency
Introduction : The Saudi Riyal (SAR), symbolized as ﷼, is the official currency of the Kingdom of Saudi Arabia. Managed by the Saudi Central Bank (SAMA), the riyal is subdivided into 100 halalas. It is used for all forms of transactions within the country and plays a significant role in the oil-driven economy. The Saudi Riyal is known for its stability and is often pegged to the US dollar, reinforcing the country's financial strength and global trade relationships. With modern banknotes and coins in circulation, the riyal reflects Saudi Arabia's cultural heritage and economic resilience.
History & Origin : The Saudi Riyal has a history dating back to the early 20th century when the Kingdom of Saudi Arabia was formed in 1932. Prior to the riyal, trade in the region was conducted using a mix of foreign coins and currencies. The riyal was officially introduced to unify the monetary system and support the newly founded state's economy. Initially based on silver coins, the currency later transitioned into banknotes and more advanced denominations. Over time, the riyal became pegged to the US dollar at a fixed rate, enhancing stability and simplifying international transactions, especially in the oil and energy sectors.
Current Use : The Saudi Riyal is the exclusive legal tender used in Saudi Arabia. It is used across all sectors of the economy—from local purchases in souks and supermarkets to large-scale oil export contracts. The currency is also vital for the millions of Muslim pilgrims visiting the country annually for Hajj and Umrah. As Saudi Arabia diversifies its economy through its Vision 2030 initiative, the riyal continues to support infrastructure, technology, tourism, and renewable energy projects. Digital payment systems are growing, but cash still plays a prominent role in daily life across cities and rural areas alike.
Details of Saudi Arabia
Saudi Arabia, located in the Middle East on the Arabian Peninsula, is the largest country in the region and one of the most influential nations in the Islamic world. It shares borders with Jordan, Iraq, Kuwait, Qatar, the United Arab Emirates, Oman, and Yemen, and is bounded by the Red Sea to the west and the Persian Gulf to the east. The country is best known as the birthplace of Islam and home to the religion’s two holiest cities, Mecca and Medina, which draw millions of pilgrims each year.
Economically, Saudi Arabia is a global powerhouse due to its vast oil reserves, making it a leading member of OPEC and a major exporter of petroleum. The economy is heavily reliant on oil, but in recent years, the government has launched Vision 2030, a strategic framework aimed at reducing dependence on oil, developing public service sectors, and diversifying into areas like tourism, entertainment, and technology. Riyadh, the capital city, is a growing hub for finance and development.
Culturally, Saudi Arabia holds deep-rooted traditions linked to Bedouin heritage and Islamic practices. However, it is undergoing significant social reforms, including the promotion of women's rights and the opening of new entertainment and cultural venues. The country’s landscape ranges from vast deserts like the Rub' al Khali to dramatic mountain ranges and beautiful coastlines. With its strategic geopolitical position, historical significance, and ambitious development plans, Saudi Arabia continues to be a central player in regional and global affairs.
Popular Currency Conversions
Convert Egyptian Pound to Other Currencies
FAQ on Egyptian Pound (EGP) to Saudi Riyal (SAR) Conversion:
What is the Symbol of Egyptian Pound and Saudi Riyal?
The symbol for Egyptian Pound is '£ or ج.م', and for Saudi Riyals, it is '﷼'. These symbols are used to denote in everyday currency analysis.
How to convert Egyptian Pound(s) to Saudi Riyal(es)?
To convert Egyptian Pound(s) to Saudi Riyal(es), multiply the number of Egyptian Pounds by 12.591894414078 because one Egyptian Pound equals 12.591894414078 Saudi Riyals.
Formula: Saudi Riyals = Egyptian Pounds × 12.591894414078.
This is a standard rule used in conversions.
How to convert Saudi Riyal(es) to Egyptian Pound(s) ?
To convert Saudi Riyal(es) to Egyptian Pound(s), divide the number of Saudi Riyals by 12.591894414078, since, 1 Egyptian Pound contains exactly 12.591894414078 Saudi Riyal(es).
Formula: Egyptian Pounds = Saudi Riyal(s) ÷ 12.591894414078.
It’s a common calculation in conversions.
How many Egyptian Pound(s) are these in an Saudi Riyal(es) ?
There are 0.079416167823165 Egyptian Pounds in one Saudi Riyal. This is derived by dividing 1 Saudi Riyal by 12.591894414078, as 1 Egyptian Pound equals 12.591894414078 Saudi Riyal(s).
Formula: Egyptian Pound = Saudi Riyals ÷ 12.591894414078.
It’s a precise currency conversion method.
How many Saudi Riyal(es) are these in an Egyptian Pound(s) ?
There are exactly 12.591894414078 Saudi Riyals in one Egyptian Pound. This is a fixed value used in the measurement system.
Formula: Saudi Riyal(s) = Egyptian Pounds × 12.591894414078.
It's one of the most basic conversions.
How many Saudi Riyal in 10 Egyptian Pound?
There are 125.91894414078 Saudi Riyals in 10 Egyptian Pounds. This is calculated by multiplying 10 by 12.591894414078.
Formula: 10 Egyptian Pounds × 12.591894414078 = 125.91894414078 Saudi Riyals.
This conversion is helpful for measurements.
How many Saudi Riyal(s) in 50 Egyptian Pound?
There are 629.59472070391 Saudi Riyals in 50 Egyptian Pounds. One can calculate it by multiplying 50 by 12.591894414078.
Formula: 50 Egyptian Pounds × 12.591894414078 = 629.59472070391 Saudi Riyals.
This conversion is used in many applications.
How many Saudi Riyal(s) in 100 Egyptian Pound?
There are 1259.1894414078 Saudi Riyal(s) in 100 Egyptian Pounds. Multiply 100 by 12.591894414078 to get the result.
Formula: 100 Egyptian Pounds × 12.591894414078 = 1259.1894414078 Saudi Riyal(s).
This is a basic currency conversion formula.