Historical Rates

Understanding historical exchange rate trends is essential for making informed financial decisions. The charts above show how currency rates against the Egyptian Pound have moved across different Egyptian banks. When reviewing this data, look for several key patterns: the overall direction (upward, downward, or stable), the level of volatility (how quickly and dramatically rates change), and the gap between banks (whether they all move in sync or some lag behind).

The Egyptian Pound is influenced by several factors including Central Bank of Egypt (CBE) monetary policy decisions, foreign investment flows, Suez Canal and tourism revenues, global commodity prices, and inflation rates. Bank rates typically converge after CBE adjustments but may diverge during volatile periods as different institutions adapt at different speeds.

For best results, compare trends across different time periods: use the 7-day view for short-term timing, 30 days to spot recurring patterns, and 90 days or 1 year to assess the long-term trajectory. You can also export data as CSV for your own analysis. To learn more about how exchange rates work, read our comprehensive guides on the blog.