Methodology
Exchange rates
Rates come from a public, openly licensed (CC0) daily dataset of reference exchange rates quoted against the US dollar. A rate between two currencies A and B is calculated as (B per USD) ÷ (A per USD). Rates are updated once a day, and we store each day’s values so you can see history, highs, lows and averages.
Gold prices
The international gold price per troy ounce is converted into Egyptian pounds using the USD/EGP rate, divided by 31.1035 grams per ounce, and multiplied by karat ÷ 24. This is an estimate based on international parity. Local jewelers add making charges, taxes and a market premium.
Zakat nisab
We value 85 grams of pure gold and 595 grams of pure silver at the same estimated prices. Zakat is calculated at 2.5%. This is a general guide and not religious advice.
Limits
These are daily reference values, not live quotes, and not the buy or sell rates of any bank, exchange office or jeweler. Do not use them for trading or legal decisions. If you notice an error, please contact us.