The Kuwaiti dinar exchange rate against the Egyptian pound remained stable on Friday, 25 September 2026, at levels similar to the previous day's closing rates. This stability coincides with a two-day bank holiday in Egypt, which started on Friday. As a result, the prices announced on Thursday remained in effect. The highest buying rate was recorded at 168.73 EGP in the Arab International Banking Company, while the highest selling rate was 169.94 EGP in the National Bank of Kuwait.
On the global stage, the US dollar continued to gain ground during Friday's trading, heading towards its second consecutive weekly increase. This upward trend is supported by rising US Treasury yields and growing investor expectations of further interest rate hikes by the Federal Reserve. As a result, the dollar index rose by over 1% during the week to its highest level in two months. Meanwhile, the euro fell to its lowest level in two months, and the British pound approached its lowest level in three months.
In the commodities market, oil prices experienced a slight decline at the start of Friday's trading, following a 3% surge during the previous session. Investors are weighing the prospects of a potential ceasefire between the US and Iran against concerns over ongoing attacks on energy facilities in the region. As of Friday, Brent crude fell by 0.69% to $105.85 per barrel, while West Texas Intermediate crude dropped by 0.86% to $93.80 per barrel.
The fluctuations in the dollar and energy markets indirectly impact the Kuwaiti dinar, which has been pegged to a weighted basket of major currencies since 2007, rather than being solely tied to the US dollar, in line with the Central Bank of Kuwait's policy. Meanwhile, various Egyptian banks have reported different exchange rates for the Kuwaiti dinar. For instance, the Arab International Banking Company recorded a buying rate of 168.73 EGP and a selling rate of 169.11 EGP.
Other banks, such as the Arab International Bank, reported a buying rate of 168.15 EGP and a selling rate of 168.47 EGP. In contrast, the HSBC Bank recorded a buying rate of 167.69 EGP and a selling rate of 167.96 EGP. The Kuwait Finance House reported a buying rate of 166.48 EGP and a selling rate of 168.59 EGP. Additionally, the Crédit Agricole Bank noted a buying rate of 166.35 EGP and a selling rate of 168.29 EGP.
Further exchange rates for the Kuwaiti dinar were reported by several other banks in Egypt. The Arab African International Bank recorded a buying rate of 165.63 EGP and a selling rate of 169.29 EGP. The Suez Canal Bank reported a buying rate of 165.55 EGP and a selling rate of 168.42 EGP. The Commercial International Bank noted a buying rate of 165.54 EGP and a selling rate of 168.47 EGP.
Some banks reported lower exchange rates for the Kuwaiti dinar. The National Bank of Kuwait recorded a buying rate of 162.97 EGP and a selling rate of 169.94 EGP, which was the highest selling rate. The Abu Dhabi Islamic Bank reported a buying rate of 163.14 EGP and a selling rate of 167.31 EGP, which was the lowest selling rate. The Alexandria Bank noted a buying rate of 163.12 EGP and a selling rate of 168.47 EGP.
Key points
- The Kuwaiti dinar exchange rate against the Egyptian pound remained stable on 25 September 2026.
- The US dollar continued to gain ground during Friday's trading, heading towards its second consecutive weekly increase.
- Various Egyptian banks reported different exchange rates for the Kuwaiti dinar, ranging from 162.97 EGP to 168.73 EGP for buying and 167.31 EGP to 169.94 EGP for selling.