The price of the dollar stabilized against the pound in the Egyptian banks at the beginning of financial trading today, Monday, September 25, 2021, and recorded 15.64 for purchase and 15.77 for sale in the Central Bank of Egypt&nbsp;<ul><li>The last week recorded 15.64 for purchase and 15.77 for sale.</li><li>And regarding the previous month, the average price of Dollar recorded 15.65 for purchase and 15.75 for sale.</li><li>And for September 2020, the average price of the Dollar was recorded at 16.64 for purchase and 15.74 for sale.</li></ul> . At the same time, the price of the dollar differed in Egyptian banks. The highest purchase price was 15.68 in ADIB, and the lowest sale price was 15.74 &nbsp;pounds in Misr Bank.&nbsp;If you’re interested in finding out more foreign currency rates compared to the Egyptian Pound, compare them right here using <a href="https://www.faydety.com/fx-rate">Faydety’s Currency Converter</a>.&nbsp;Price of the USD Dollar in Egyptian Banks Alex Bank: Purchase Price: 15.65 EGPSale Price: 15.75 EGP&nbsp;Arab African International Bank: Purchase Price: 15.66 EGPSale Price: 15.76 EGP&nbsp;CIB: Purchase Price: 15.66 EGPSale Price: 15.76 EGP&nbsp;Bank Alahli: Purchase Price: 15.64 EGPSale Price: 15.74 EGP&nbsp;Banque Misr: Purchase Price: 15.64 EGPSale Price: 15.74 EGP&nbsp;Credit Agricole: Purchase Price: 15.66 EGPSale Price: 15.76EGP&nbsp;ABK Bank: Purchase Price: 15.68 EGPSale Price: 15.76 EGP&nbsp;BLOM Bank: Purchase Price: 15.66 EGPSale Price: 15.76 EGP&nbsp;<blockquote>If you’re interested in finding out more foreign currency rates compared to the Egyptian Pound, compare them right here using <a href="https://www.faydety.com/fx-rate">Faydety’s Currency Converter</a>.</blockquote>&nbsp;Abu Dhabi Islamic Bank: Purchase Price: 15.68 EGPSale Price: 15.76 EGP&nbsp;EG Bank: Purchase Price: 15.66 &nbsp;EGPSale Price: 15.76 &nbsp;EGP&nbsp;Arab Bank: Purchase Price: 15.66 EGPSale Price: 15.76 EGP&nbsp;HSBC: Purchase Price: 15.66 EGPSale Price: 15.76 &nbsp;EGP&nbsp;The US dollar is one of the most famous global currencies, used in 9 countries around the world, &nbsp;the most famous of which is, of course, the United States of America.&nbsp;Other countries that use the US dollar in their official dealings include:&nbsp;· &nbsp; &nbsp; &nbsp; &nbsp; Canada - in certain borders between it and the United States· &nbsp; &nbsp; &nbsp; &nbsp; Mexico - &nbsp;in hotels and touristic areas· &nbsp; &nbsp; &nbsp; &nbsp; Puerto Rico· &nbsp; &nbsp; &nbsp; &nbsp; Cuba· &nbsp; &nbsp; &nbsp; &nbsp; Guam Island· &nbsp; &nbsp; &nbsp; &nbsp; Honduras - &nbsp;in touristic areas· &nbsp; &nbsp; &nbsp; &nbsp; Cambodia· &nbsp; &nbsp; &nbsp; &nbsp; Panama· &nbsp; &nbsp; &nbsp; &nbsp; Zimbabwe

 The dollar exchange rate at the central bank today 25 october 2021, scored 15.66 for purchase and 15.75 for sale

Stability in The Dollar Prices Today, 25 October 2021

Differences in exchange rates appeared in most Egyptian banks, today, on 24 October 2021, and at the beginning of daily trading, the average price of the Dollar increased in the Central Bank of Egypt, and recorded for purchase was EGP 15.65, and 15.75 for sale.&nbsp;If you’re interested in finding out more foreign currency rates in comparison to the Egyptian Pound, compare them right here using <a href="https://www.faydety.com/en/fx-rate">Faydety’s Currency Converter</a>.&nbsp;And we have collected here the prices of the most important foreign currencies for sale and purchase on 26 September 2021.&nbsp;<h3>US Dollar</h3>&nbsp;&nbsp;Purchase Price:15.65 EGPSale Price: 15.78 EGP&nbsp;<h3>UK Sterling</h3>&nbsp;Purchase Price: 21.50 EGPSale Price: 21.69 EGP&nbsp;<h3>Euro</h3>&nbsp;Purchase Price: 18.19 EGPSale Price: 18.34 EGP&nbsp;<h3>Saudi Riyal</h3>&nbsp;Purchase Price: 4.17 EGPSale Price: 4.21 EGP&nbsp;<blockquote>The average price of the Dollar increased in the Central Bank of Egypt, and recorded for purchase was EGP 15.65, and 16.75 for sale.</blockquote>&nbsp;<h3>UAE Dirham</h3>&nbsp;Purchase Price: 4.26 EGPSale Price: 4.30 EGP&nbsp;<h3>Kuwaiti Dinar</h3>&nbsp;Purchase Price: 51.81 EGPSale Price: 52.37 EGP&nbsp;<h3>Swiss Franc</h3>&nbsp;Purchase Price:16.93&nbsp; EGPSale Price: 17.08 EGP&nbsp;<h3>&nbsp;Jordanian Dinar</h3>&nbsp;Purchase Price: 22.04 EGPSale Price: 22.29 EGP

Differences in prices of currencies 24 October, and Dollar recorded in CBE for purchase 15.65 L.E

Find Out The Latest Prices of Currencies Today!

Currency Rates in Egypt as of 24 of October 2021

The average price of the Euro slightly raised in most Egyptian banks on Tuesday, October 19, 2021. Its purchase price in the Central Bank became 18.16 EGP, whereas its sale price became 18.28 EGP.<ul><li>Last week, the price of the Euro was recorded at &nbsp;18.12 EGP for purchase, and &nbsp;18.23 EGP for sale.</li><li>At the beginning of September, the average price of the Euro was recorded at 18.65 EGP for purchase and 18.71 EGP for sale.</li><li>For the month of October 2020, the Euro was recorded at 18.71 EGP for purchase and 18.83 EGP for sale.</li></ul>&nbsp;At the same time, its price varied in banks, with a recorded highest purchase price of 18.15 EGP in EG Bank, and the lowest sale price of 18.21EGP in Misr Bank.If you’re interested in finding out more foreign currency rates in comparison to the Egyptian Pound, compare them right here using&nbsp;<a href="https://www.faydety.com/en/fx-rate">Fadety’s Currency Converter</a>.&nbsp;<h3>Price of the Euro in Egyptian Banks</h3>&nbsp;<h4>Bank of Alexandria:</h4>&nbsp;Purchase Price:&nbsp;18.09 EGPSale Price:&nbsp;18.28 EGP&nbsp;<h4>Arab African International Bank:</h4>&nbsp;Purchase Price:&nbsp;18.12 EGPSale Price:&nbsp;18.30 EGP&nbsp;<h4>CIB:</h4>&nbsp;Purchase Price:&nbsp;18.13 EGPSale Price:&nbsp;18.29EGP&nbsp;<h4>Bank Alahli:</h4>&nbsp;Purchase Price:&nbsp;18.10 EGPSale Price:&nbsp;18.27 EGP&nbsp;<h4>Banque Misr:</h4>&nbsp;Purchase Price:&nbsp;18.03 EGPSale Price:&nbsp;18.21 EGP&nbsp;<h4>Credit Agricole:</h4>&nbsp;Purchase Price:&nbsp;18.13 EGPSale Price:&nbsp;18.29 EGP&nbsp;<h4>ABK Bank:</h4>&nbsp;Purchase Price:&nbsp;18.11 EGPSale Price:&nbsp;18.29 EGP&nbsp;<h4>&nbsp;BLOM Bank:</h4>&nbsp;Purchase Price:&nbsp;18.13 EGPSale Price:&nbsp;18.29 EGP&nbsp;<blockquote>If you’re interested in finding out more foreign currency rates in comparison to the Egyptian Pound, compare them right here using&nbsp;<a href="https://www.faydety.com/en/fx-rate">Fadety’s Currency Converter</a>.</blockquote>&nbsp;<h4>Abu Dhabi Islamic Bank:</h4>&nbsp;Purchase Price:&nbsp;18.12 EGPSale Price:&nbsp;18.29 EGP&nbsp;<h4>EG Bank:</h4>&nbsp;Purchase Price:&nbsp;18.15 EGPSale Price:&nbsp;18.32 EGP&nbsp;<h4>Arab Bank:</h4>&nbsp;Purchase Price:&nbsp;18.13 EGPSale Price:&nbsp;18.25 EGP&nbsp;<h4>HSBC:</h4>&nbsp;Purchase Price:&nbsp;18.12 EGPSale Price:&nbsp;18.29 EGP&nbsp;<h4>NBK Bank:</h4>&nbsp;Purchase Price:&nbsp;18.13 EGPSale Price:&nbsp;18.29 EGP&nbsp;The Euro is the second most popular currency in the world after the US Dollar, used in 19 countries of the European Union. In addition, some European and non-European countries use it as their official currency while others as their unofficial currency; examples include: &nbsp;· The City of Melilla and Ceuta in Morocco· Mayotte, Comoros· State of Kosovo· Montenegro· Zimbabwe&nbsp;Official dealing of the Euro began in January 2002 in the European Union.

 Euro prices are slightly raised in most Egyptian banks today as its purchase price: 18.16 EGP, whereas its sale price became 18.28 EGP.

A Slight Rise in Euro Prices Today, Tuesday 19 October 2021

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A topic, or rather question, which has undergone much scrutiny recently is the following: what’s the difference between a full-time job vs freelancing? Is one better than the other? There are varying opinions on this matter, and below, we aim to provide some clarity and insight on each so that you may make a more informed decision if you are considering either option.&nbsp;<h3>But First, Some Basic Definitions</h3>&nbsp;A full-time job&nbsp;is when a person is recruited by an organization and works a minimum number of hours as defined by their employer, it is the quintessential nine-to-five job description.&nbsp;On the other hand,&nbsp;a freelance job&nbsp;is where a person works for themselves, instead of for a certain company. Freelancers are self-employed individuals who take work on a project basis for different organizations and clients.&nbsp;&nbsp;Many prefer the nature of freelance work, as they are their own boss; they are free to make their own choices and decisions. However, it is important to assess the pros and cons of both options before deciding which is the better fit for you.&nbsp;&nbsp;<h3>Advantages of Free-Lancing:</h3>&nbsp;1- Work from Anywhere and Everywhere:&nbsp;As a freelancer, you are not obligated to work from a specific location; your office is wherever you want it to be. You can travel to any place and still get your work done. You can work from home, sitting in bed in your pyjamas, from a beach, from a plane or another country – the choice is yours.&nbsp;2- Take Vacation Days Whenever You Like:&nbsp;If you need some time off, no need to ask anyone for permission! You’re not bound by a specific number of vacation days, as in the case of a full-time employee. As a freelancer, you can take as many days as you want, whenever you want.&nbsp;3- No Fixed Working Hours:&nbsp;As a freelancer, an essential skill is time management. This is because you are not required to stick to a strict 8-hour workday as you would in full-time employment; you can work at any time you prefer. You know what you need to do, and you set your own deadlines, so you get to finish your tasks whenever you please.&nbsp;4-Money:&nbsp;&nbsp;Unlike full-time jobs, you don’t have a fixed monthly salary, you get paid per project, and as such, you could always work on more than one project per month, so your money might even be double any full-time fixed salary, depending on your agreement with your client.&nbsp;<h3>Disadvantages of Free-Lancing:</h3>&nbsp;1- No Stable Income:&nbsp;Although the money you earn as a freelancer might be better than a monthly salary, there is one catch – it’s not stable. It really depends on what a client needs at any particular time. There could be months where you are working non-stop and earning a significant amount of money, and others with no projects coming your way and thus, no money.&nbsp;2- No Benefits:&nbsp;Full-time jobs tend to offer employees various benefits, such as medical insurance and paid vacation days. On the other hand, the freelancing does offer such benefits.&nbsp;3-Isolation:&nbsp;Freelancers tend to work alone, whereas, in full-time jobs, you usually work as part of a team and have colleagues around you. This is especially useful if you have a task requiring brainstorming and want to bounce some ideas off other people. This option doesn’t usually exist for freelancers.&nbsp;&nbsp;&nbsp;<blockquote>&nbsp;Many prefer the nature of freelance work, as they are their own boss; they are free to make their own choices and decisions.</blockquote>&nbsp;<h3>Advantages of Full-Time Jobs:</h3>&nbsp;1- Fixed Salary and Benefits:&nbsp;A full-time job guarantees a monthly income and, thus, stable income to support yourself. You might not earn as much as a freelancer, but at least you know that you will have some money to add to your wallet at the end of each month. An added bonus are the benefits you receive as an employee, such as medical insurance and paid annual leave. Starting salaries for full-time employment range between 3000 EGP to 4000 EGP. The average salary for a person with several years of experience is 8,500 EGP, and employees who have 10 years of experience could earn upwards of 15,000 EGP&nbsp;2- Working in Teams:&nbsp;For most jobs, teamwork is a very important aspect, and positive work culture is an advantage of working full-time. Colleagues, you can offer ideas and opinions during tasks and offer a helping hand when needed, unlike freelancing which tends to be a solo job...&nbsp;3- Career Growth:&nbsp;As part of an organizational hierarchy, full-time jobs offer career growth in terms of job position and salary depending on how long hard you work and how many years you spend at the company. For instance, with dedication and hard work, a marketing manager could get promoted to marketing director at a company, an option that is not available to freelancers.&nbsp;<h3>Disadvantages of Full-Time Jobs:</h3>&nbsp;1- Lack of Work-Life Balance:&nbsp;As a full-time employee, work tends to consume most of your time. There is not much time for any other activities during the week between the commute to work each day and working an 8-hour day.&nbsp;2- No Choice in Tasks:&nbsp;Full-time employees are usually obligated to work on specific tasks with specific deadlines set by their employer. You usually do not have a say in the matter. However, freelancers have the privilege of choosing what they want to work on.&nbsp;3- Limited Vacation Days:&nbsp;By law, full-time employees can only take 21 days of vacation each year. This can be quite limiting for certain people, who need to make each day count and plan everything in advance. On the other hand, freelancers do not face this situation and can take time off whenever and for as long as they like.&nbsp;

Freelancing vs Full Time Jobs – Which is the Better Option for your next Job?

Which do you prefer Freelancing or working Full-Time?

Freelancing vs Full Time Jobs, Which is the Better Option?

Have your expenses have piled up and put you in a sticky situation, and you have no choice but to borrow from the bank?&nbsp;&nbsp;&nbsp;You have two options. If you’re not interested in buying an asset such as a car or real estate, your other option is to take out a personal loan or get a credit card.&nbsp;The main determinant regarding the most suitable option for you is your current position or situation. Do you need quick money in a relatively small amount or a large amount at once?&nbsp;It is important to note that personal loans have a repayment period of 7 years, unlike credit cards, which are due for repayment within a grace period of 45 to 58 days only.&nbsp;&nbsp;Below, we will tell you when a personal loan is the best choice to consider.&nbsp;&nbsp;<h3>1. Consolidation of Debts</h3>&nbsp;If you have a lot of debt you’d like to do away with, you can unite it, pay it off with the loan amount, and then start paying off the loan itself.&nbsp;&nbsp;&nbsp;<h3>2. Wedding Expenses</h3>&nbsp;If you’d like to get rid of wedding and furniture expenses, then taking out a personal loan is quite suitable. This is especially practical if you have the option of transferring your salary to the bank in which you will apply for the loan. In this case, you will not need to worry about the repayment process because the bank will withdraw it automatically from your bank account.&nbsp;&nbsp;<blockquote>t is important to note that personal loans have a repayment period of 7 years, unlike credit cards, which are due for repayment within a grace period of 45 to 58 days only.&nbsp;</blockquote>&nbsp;&nbsp;<h3>3. Travel Expenses</h3>&nbsp;If you are a newlywed and would like to spend you your honeymoon outside Egypt or an avid adventurer who wants to discover the world, why not consider taking out a travel loan that covers all your travel expenses? This is a type of personal loan that is not particularly well-known but entirely feasible.&nbsp;&nbsp;<h3>4. Home Renovations</h3>&nbsp;Are you a new homeowner, or do you want to spruce up your current home with new décor and furniture? In both cases, a personal loan is a great option to help you with home renovation expenses.&nbsp;&nbsp;<h3>5. Baby Expenses</h3>&nbsp;Suppose you’re waiting for a new baby and can’t keep up with the many expenses in store. In that case, taking out a personal loan will undoubtedly support you with the first expenses of giving birth, allowing you to purchase all your new-born’s needs without you having to worry. Moreover, you can repay the loan in installments in whichever time period is convenient for you.&nbsp;To find out more about the expenses of a new baby, check out&nbsp;How Do You Prepare and Manage Your Expenses with a Child at Home?&nbsp;Apply for a personal loan now for free and in minutes using&nbsp;<a href="https://www.faydety.com/en/borrow/personal-loan">Faydety’s Personal Loan Finder.</a>

5 Situations are practical for personal loan include: consolidation of debts and travel expenses

5 Situations encourage you to take a personal loan!

Which situations are practical to take out a personal loan?

Bringing a newborn home is a joyous stressful, and life-changing event. Your biggest priority is that baby and meeting his/her needs in every way and thus, restructuring your life (and your expenses!) accordingly. In celebration of Children's Day on May 2, we will outline the five most important things to do to save your money and make things easier for yourself and your new family.&nbsp;<h3>1- Take Out A Loan For Maternity Expenses</h3>&nbsp;Before your newborn baby arrives home, prepare yourself for significant delivery expenses, which range from around 2500 EGP to 10,000 EGP for a natural birth, depending on the hospital. In the case of a Caesarean section, expenses vary between 5000 EGP and 17,000 EGP. If this amount is not on hand, we advise applying for a personal loan before birth to cover these expenses.&nbsp;Apply for a personal loan now for free and in minutes using&nbsp;<a href="https://www.faydety.com/en/borrow/personal-loan">Faydety’s Personal Loan Finder.</a>&nbsp;<h3>2- Calculate Your Daily Costs</h3>&nbsp;It would be particularly beneficial to make a monthly budget to define your priorities and outline precisely what, when, and where you will be spending your money. There are various methods you can follow, including the 50-30-20 rule of thumb. This method is a guideline for allocating your budget accordingly: 50% to “needs,” 30% to “wants,” and 20% to your financial goals.&nbsp;&nbsp;To learn more about this method, check out&nbsp;What is a 50-30-20 Budgeting Plan?&nbsp;<blockquote>Bringing a newborn home is a joyous stressful, and life-changing event</blockquote>&nbsp;&nbsp;<h3>3- Apply For A Credit Card</h3>&nbsp;With a child at home, you must always be prepared; anything can happen at any time, and you will need to act accordingly. For instance, your child may fall ill and need to see a doctor. This is a potential expense that must be factored in with a child at home. To save yourself the stress and hassle, consider applying for a credit card; that way, you’ll always have money on hand when needed, unlike cash which may not always be readily available. Moreover, credit cards have a 45 to 58 day grace period for repayments&nbsp;Apply now for the card most suitable for you using&nbsp;<a href="https://www.faydety.com/ar/save/cards">Faydety’s Credit Card Finder</a>.&nbsp;&nbsp;<h3>4- Apply For An Investment Certificate</h3>&nbsp;Although having a child has a significant impact on your expenses, there are ways to alleviate this impact. Consider taking out an investment certificate at your bank which will grant you various monetary benefits. You can also open a cumulative certificate in your child's name over an extended period of time, i.e., 10 years, which your child can then use when he/she gets older.&nbsp;Are you interested in learning more about cumulative investment certificates? Check out&nbsp;What Is A Cumulative Investment Certificate?&nbsp;Compare investment certificates of various Egyptian banks using&nbsp;<a href="https://www.faydety.com/en/save/deposits">Fadety’s Saving Deposit Finder.&nbsp;</a>&nbsp;<h3>5- Apply for A School Loan</h3>&nbsp;Suppose your child is at an age where they are about to enter school. This inevitably means that school feels, which are known to be quite substantial, are an added expense which you will have to manage. To do so effectively, consider applying for a school loan; this type of personal loan may cover 100% of the school fees, depending on your circumstances.&nbsp;Apply for a personal loan quickly and easily using&nbsp;<a href="https://www.faydety.com/en/borrow/personal-loan">Faydety’s Personal Loan Finder.</a>&nbsp;

How Do You Prepare and  Manage Your Expenses with a New Child at Home?

This is for you if you're waiting for a new baby

How Do You Manage Your Expenses with a Child at Home?

Credit cards have increased in popularity in recent years due to their usefulness in our daily lives. However, before you head over to a bank to apply for one, here are a few well-kept secrets about them which could prove helpful to you.&nbsp;1 –&nbsp;The minimum salary you need to earn to apply for a credit card is 1000 EGP.&nbsp;2 –&nbsp;Contrary to popular belief, you obtain no interest if you settle your credit card bill during your grace period. In other words, if you settle the amount on time, you will only need to pay what you withdrew.&nbsp;3 –&nbsp;All loans are subject to an annual interest, unlike credit cards, which are subject to monthly interest.&nbsp;4 –&nbsp;Grace periods differ from bank to bank and are usually between 45 to 58 days.&nbsp;5 –&nbsp;Four banks in Egypt provide a grace period of 58 days:<ol><li>SAIB</li><li>AIB</li><li>Mid Bank</li><li>AUB</li></ol>&nbsp;There are a further six banks in Egypt that provide a grace period of 57 days:<ol><li>Al Ahli Bank</li><li>Banque Misr</li><li>QNB Alahli</li><li>Suez Canal Bank</li><li>Arab Bank</li><li>Emirate NBD</li></ol>&nbsp;&nbsp;<blockquote>Every pound you spend with your credit card will give you ‘Bonus Points’ as part of your bank’s Bonus Points Program</blockquote>&nbsp;&nbsp;6 –&nbsp;Grace periods do not start from the day you use your card but rather from the beginning of every month. Of course, the exact date differs from one bank to the next; therefore, it is advisable to check with your chosen bank regarding their specific policy regarding dates and grace periods.&nbsp;7 –&nbsp;If you bought something with your credit card after your bank has closed its accounts for that month and before the next month begins, you may take your grace period in full.&nbsp;8 –&nbsp;Your credit card limit is determined according to your salary and I-score; it is possible for this limit to add up to four times your salary.&nbsp;9 –&nbsp;You can apply to more premium banking services at select banks such as Premier, Infinite, and Titanium, where all clients enjoy a plethora of benefits and features. However, you will justifiably have to pay more administrative fees than the usual for these services.&nbsp;10 –&nbsp;Every pound you spend with your credit card will give you ‘Bonus Points’ as part of your bank’s Bonus Points Program. Once points are collected, you may exchange them for cashback or vouchers in select stores which are in partnership with your chosen bank. Additionally, you may exchange them for travel miles. Travel miles provide you with a selection of exclusive options, including the possibility of purchasing airline tickets or receiving class upgrades on flights. Our advice to you is this; review your points balance every once in a while to find out what benefits you could be eligible for.&nbsp;Apply now for the <a href="https://www.faydety.com/en/save/cards">Credit Card</a> you need with Faydety online, in few minutes.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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