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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Egypt can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Egypt bank accounts or pay a Egyptian pound invoice.
British pound (GBP) to Egyptian pound (EGP) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/USD Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average but lacks a clear driver.
USD/EGP Outlook: Slightly weaker, but likely to move sideways, as it is currently below the recent average and lacks a strong catalyst for movement.
GBP/EUR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and lacks a clear driving factor.
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Egyptian pound across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-EGP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best GBP to EGP exchange rate is 63.06 from Wise. This is -0.76% compared to the mid-market rate 63.54.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Egyptian pound (EGP) rates from different sources before making a conversion.
The above Sterling to Egyptian pound comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest GBP-EGP mid-rate and the possible savings of using various providers.
Looking at the full GBP to EGP - Send Money comparison table the provider with the best GBP to EGP exchange rate is Wise at 63.06, -0.76% from the latest mid-market rate 63.54.
The next best is Western Union at 62.59, -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 58.9 at -7.3% the Royal Bank of Scotland rate is 59.28 at -6.7% and the Barclays Bank rate is 59.09 at -7% compared to the mid-rate 63.54.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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