Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

Egyptian pound Markets

EGP Currency Update - Our review of Egyptian pound forecasts and news plus charts and historic rates. Check EGP Trends over various time periods.

 

The USD to EGP exchange rate has recently been influenced by a combination of geopolitical tensions and economic indicators. Analysts have noted the heightened volatility surrounding the US dollar (USD) following President Trump's airstrikes on Iranian nuclear sites, which initially weakened the USD but led to a rebound as safe-haven flows returned amid rising geopolitical risks. Such events underscore the dollar's status as a safe-haven currency during periods of uncertainty, which may support its value, especially with rising oil prices potentially affecting global demand for USD.

Additional factors impacting the USD include monetary policy decisions from the Federal Reserve, which have significant implications for interest rates. Experts indicate that higher interest rates could attract more investors to USD assets, strengthening the currency further. Conversely, any dovish stance from the Fed could weigh heavily on the USD, especially given inflation, employment statistics, and GDP growth as key economic indicators contributing to the currency’s valuation.

Currently, the USD to EGP exchange rate at 50.76 remains only 0.6% above its three-month average of 50.45, displaying stability within a moderate 4.5% trading range from 49.46 to 51.67. Economists suggest that this consistent performance reflects both local economic conditions in Egypt and broader trends in the global economy.

For businesses and individuals engaged in international transactions, careful monitoring of these geopolitical developments and economic indicators will be essential. These factors not only influence the USD's strength but also have downstream effects on the value of EGP, affecting the costs of importing goods or conducting cross-border business. Keeping abreast of the ongoing situation is advisable for those looking to optimize their currency exchanges.

 

US dollar to Egyptian pound - USD/EGP Trend

 
USD to EGP at 50.76 is just 0.6% above its 3-month average of 50.45, having traded in a quite stable 4.5% range from 49.46 to 51.67
|
 
1 USD =
50.76We compare provider deals to this wholesale mid-market rate. Read more
EGP
 
+0.3%
 
Track Rate

View My Rate Tracker

   
 

Compare & Save on Exchange Rates

Exchange rates can vary significantly between banks and currency exchange providers, so it's important to compare rates from different sources before making a conversion.

The below table makes it easy to calculate and compare the Total Cost you are being charged on currency rates and the possible savings of using a foreign exchange provider rather than your bank.

 

Loading exchange rates...