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Best USD to EGP Exchange Rates Compared Live

The best USD to EGP exchange rate is 47.40. Compare foreign transfer and currency exchange rates, find better rates & deals.

USD-EGP Best Exchange Rate Calculator
 

Comparing USD-EGP exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Egyptian pound (EGP) rates from different sources before making a conversion.

The above Dollar to Egyptian pound comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest USD-EGP mid-rate (see below) and the possible savings of using another provider.

 

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USD to EGP Market Data

US dollar (USD) to Egyptian pound (EGP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 USD =
47.40We compare provider deals to this wholesale mid-market rate. Read more
EGP
-1.2%
📈1W
USD to EGP at 47.26 is 34.0% above its 3-month average of 35.28, having traded in a highly volatile 61.5% range from 30.68 to 49.55
|
Sell USD   â†’   Buy EGP
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  1 EGP = 0.021095 USD
DateUSD/EGPChangePeriod
14 Mar 2024
47.80
0.8% â–¼2 Week
29 Dec 2023
30.90
53.4% â–²3 Month
29 Mar 2023
30.80
53.9% â–²1 Year
30 Mar 2019
17.32
173.7% â–²5 Year
31 Mar 2014
6.9668
580.4% â–²10 Year
02 Apr 2004
6.1846
666.4% â–²20 Year
USD/EGP historic rates & change to 28-Mar-2024
 

What are equivalent amounts of USD and EGP?

Here are some popular conversion amounts for USD to EGP (US dollar to Egyptian pound)*.

USD EGP
$ 1 £ 47.40
$ 5 £ 237.00
$ 10 £ 474.00
$ 20 £ 948.00
$ 50 £ 2,370
$ 100 £ 4,740
$ 250 £ 11,850
$ 500 £ 23,700
$ 1,000 £ 47,400
$ 2,000 £ 94,800
$ 5,000 £ 237,000
$ 10,000 £ 474,000
$ 20,000 £ 948,000
$ 50,000 £ 2,370,000
$ 100,000 £ 4,740,000
USD EGP
$ 0.0211 £ 1
$ 0.1055 £ 5
$ 0.2110 £ 10
$ 0.4219 £ 20
$ 1.0548 £ 50
$ 2.1095 £ 100
$ 5.2738 £ 250
$ 10.55 £ 500
$ 21.10 £ 1,000
$ 42.19 £ 2,000
$ 105.48 £ 5,000
$ 210.95 £ 10,000
$ 421.90 £ 20,000
$ 1,055 £ 50,000
$ 2,110 £ 100,000

More amounts

*Converted at the current USDEGP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for USD to EGP

 

Based on recent updates and forecasts from FX analysts, the USD to EGP exchange rate has shown volatility, reaching 7-day highs near 47.82. This rate is currently 36.2% above its 3-month average of 35.12, having traded in a wide 61.5% range recently. The US dollar has been strengthening due to reduced expectations for Federal Reserve interest rate cuts, supported by strong economic data such as the blowout Non-Farm Payrolls report in January, which exceeded market estimates. Markets now anticipate a potential rate reduction in June, with comments from Fed Chairman Jerome Powell hinting at a possible 0.25% cut at the upcoming meeting.

Read our full review of recent USD to EGP forecasts.

 

How to get a good USD to EGP exchange rate

There are several ways to save on exchange rates when converting US dollar to Egyptian pound:

  1. Shop around for the best USD/EGP exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the USD/EGP rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and EGP at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Egyptian pound with US dollar, then it's better for the USD/EGP exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

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

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the US dollar rise against the Egyptian pound?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add USD/EGP to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to Egypt - a practical currency and money guide to travel, living and doing business in Egypt with the Egyptian pound.

 
 
 

Currency Country Guides

United StatesUnited States (USD)EgyptEgypt (EGP)
 

Doing business in Egypt

Egypt is the largest and most populous country in the Arab world and a major player in the Middle East. It has a diversified economy with a mix of modern and traditional industries. The country is a major producer of oil and natural gas and has a large agricultural sector. However, tourism, construction, and manufacturing are also important sources of income.

Doing business in Egypt can be challenging due to bureaucratic procedures, red tape, and the lack of transparency. The legal system can also be complex and time-consuming. Corruption is also a concern in Egypt, although the government has made efforts in recent years to combat it.

Read more at our Egypt (EGP) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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