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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 current market bias for the USD to EGP exchange rate is bearish.

Key drivers include:

  • Interest rate expectations suggest the US Federal Reserve may cut rates further by mid-2026, which could weaken the USD.
  • The Egyptian economy is projected to grow, with estimates reaching 4.7% in 2026, supporting the EGP against the dollar.
  • The IMF indicates a gradual depreciation path for the EGP, anticipating an average value of 54.05 per USD in 2026.

In the near term, the USD to EGP rate is expected to trade within a stable range, reflecting current dynamics similar to recent trades near 47.17, slightly below the 3-month average.

An upside risk could come from stronger-than-expected US economic data that boosts the USD, while a downside risk may arise if Egyptian growth exceeds forecasts, putting more pressure on the USD's value against the EGP.

 

US dollar to Egyptian pound - USD/EGP Trend

 
USD to EGP is at 30-day lows near 47.17, just 0.6% below its 3-month average of 47.46, having traded in a stable 1.7% range from 46.98 to 47.80
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1 USD =
47.17We compare provider deals to this wholesale mid-market rate. Read more
EGP
 
1d−0.3%▼
30dLows◒
 
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