EUR/EGP
Euro to Egyptian Pound Exchange Rate
Euro Exchange Rate Guide
The euro is the second most-traded foreign currency in Egypt, reflecting the European Union's role as one of the country's largest trading partners and the steady flow of tourists from Germany, France, Italy and across the eurozone. For exporters of textiles, agricultural produce and petrochemicals to Europe, and for the millions of European visitors to the Red Sea and Nile resorts, the EUR/EGP rate is the number that matters.
Unlike the dollar, the euro's value against the pound is shaped by a cross-rate: banks effectively combine the global EUR/USD rate with the local USD/EGP rate. That means the euro can move against the pound even on a day when the dollar is quiet, simply because the euro shifted against the dollar in international markets.
What moves the Euro rate?
EUR/EGP moves on two layers: the international EUR/USD rate (set by European Central Bank policy and eurozone economic data) and the local USD/EGP rate. European Central Bank interest-rate decisions, eurozone inflation and tourism seasonality all feed into the rate you see quoted at Egyptian banks.
Data source: official Egyptian bank websites. Learn about our methodology.
EUR Rates at All Banks
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Euro FAQ
Because Egyptian banks price the euro through its cross-rate with the dollar. If the euro strengthens or weakens against the dollar on global markets, the EUR/EGP rate moves accordingly — even if the local dollar rate hasn't changed that day.
The euro is widely accepted by Egyptian banks for deposits and exchange, especially for those with income or family ties in Europe. Whether to hold it depends on your spending needs; the rate table here lets you compare what each bank pays to buy euros from you.
Official bank rates are steadier than the rates offered at airport kiosks and hotels, which often build in a wider margin. Checking the live bank comparison before exchanging — and using a bank or its ATM where practical — usually gives a better result than converting at the point of arrival.
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