USD/EGP
US Dollar to Egyptian Pound Exchange Rate
US Dollar Exchange Rate Guide
The US dollar is the benchmark currency for Egypt's foreign-exchange market. It is the currency in which most of the country's imports — wheat, fuel, machinery and raw materials — are invoiced, which is why the USD/EGP rate is watched more closely than any other pair in the country. When Egyptians talk about "the dollar price," this is the rate they mean, and it effectively anchors how every other currency is priced against the pound.
Because dollar demand is structural rather than seasonal, the official bank rate and the availability of dollars at branches can diverge during periods of FX shortage. Comparing the buy and sell quotes across banks on this page shows you both where the market is and which banks are quoting most competitively at any given moment — a gap that widens noticeably when liquidity is tight.
What moves the US Dollar rate?
The USD/EGP rate is driven by the Central Bank of Egypt's exchange-rate policy, the level of net foreign reserves, Suez Canal and tourism receipts, remittances from Egyptians abroad, and global dollar strength. Shifts in any of these — especially CBE policy decisions and reserve levels — tend to move the rate first, with banks updating their published quotes shortly after.
Data source: official Egyptian bank websites. Learn about our methodology.
USD Rates at All Banks
Compare All Currencies
View rates for all currencies from all Egyptian banks
US Dollar FAQ
Most Egyptian imports and international contracts are settled in dollars, so the USD/EGP rate sets the baseline for the entire FX market. Other currencies are effectively priced through their cross-rate to the dollar, which is why a move in the dollar usually ripples into every other pair.
Each bank sets its own buy and sell quotes based on its dollar position, customer demand and treasury strategy. The differences are usually small but can widen when dollars are in short supply — which is exactly when comparing banks saves you the most.
Banks publish official, traceable rates and are the safer choice for larger amounts, while exchange offices can sometimes be faster for small sums. This page tracks official bank rates so you can see the regulated benchmark before you decide where to transact.
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