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USD to EGP - Compare Exchange Rates

United States Dollar to Egyptian Pound - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD to EGP interbank exchange rate = 17.181

Right now the USD/EGP interbank exchange rate is 17.181. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Egyptian Pound to United States Dollar.

This USD/EGP Converter calculates equivalent United States Dollar to Egyptian Pound amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / EGP converter & margin calculator


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Mid-rates:
 

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USD/EGP exchange rates for:

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United States Dollar

Egyptian Pound

1 USD 17.18 EGP
5 USD 85.91 EGP
10 USD 171.81 EGP
20 USD 343.62 EGP
50 USD 859.05 EGP
100 USD 1,718.10 EGP
250 USD 4,295.25 EGP
500 USD 8,590.50 EGP
1,000 USD 17,181.00 EGP
2,000 USD 34,362.00 EGP
5,000 USD 85,905.00 EGP
10,000 USD 171,810.00 EGP
50,000 USD 859,050.00 EGP
100,000 USD 1,718,100.00 EGP
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United States Dollar

Egyptian Pound

0.0582 USD 1 EGP
0.2910 USD 5 EGP
0.5820 USD 10 EGP
1.1641 USD 20 EGP
2.9102 USD 50 EGP
5.8204 USD 100 EGP
14.55 USD 250 EGP
29.10 USD 500 EGP
58.20 USD 1,000 EGP
116.41 USD 2,000 EGP
291.02 USD 5,000 EGP
582.04 USD 10,000 EGP
2,910.20 USD 50,000 EGP
5,820.40 USD 100,000 EGP
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United States Dollar to Egyptian Pound (USD-EGP) - 10 Year History

The below table shows the historic variation in the USD/EGP exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
22 Apr 201917.1690Latest
15 Apr 201917.34401 Week-1.01%
23 Mar 201917.25501 Month-0.5%
24 Oct 201817.90406 Months-4.11%
22 Apr 201817.73401 Year-3.19%
22 Apr 201718.09962 Years-5.14%
23 Apr 20146.99535 Years+145.44%
24 Apr 20095.634310 Years+204.72%

Why can't I just get the USD/EGP market rate I see on Google or in the Media?

The USD/EGP mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / EGP was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/EGP midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to EGP exchange rate

  1. Know the latest USD/EGP market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Egyptian Pound

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs EGP, you should pay attention to both United States Dollar and Egyptian Pound news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Egyptian Pound (EGP) - Market news and forecasts

No recent Egyptian Pound market updates.