The live mid-rate USD to EGP exchange rate is 49.54. Compare currency conversion rates - Reduce FX costs.
The best USD to EGP exchange rate is 49.21 from Wise. This is -0.67% compared to the mid-market rate 49.54.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Egyptian pound (EGP) rates from different sources before making a conversion.
Looking at our comparison table the best USD to EGP exchange rate is 49.21 from Wise, -0.67% from the mid-market rate 49.54. The next best rate is 48.94552 from , -1.2% from the mid-rate. Then Western Union with 48.74 is -1.6% from the mid-rate.
Among the banks, the Chase Bank rate is 46.22 at -6.7%, the Wells Fargo Bank rate is 45.92 at -7.3%, and the Citibank rate is 48.2 at -2.7% compared to the mid-rate 49.54.
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.
The Dollar to Egyptian pound comparison table above 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 USD-EGP mid-rate (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Egyptian pound (EGP) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/EGP | Change | Period |
|---|---|---|---|
16 May 2025 | 50.10 | 0.7% ▼ | 2 Week |
01 Mar 2025 | 50.63 | 1.7% ▼ | 3 Month |
30 May 2024 | 47.25 | 5.3% ▲ | 1 Year |
31 May 2020 | 15.81 | 214.8% ▲ | 5 Year |
02 Jun 2015 | 7.6312 | 552.2% ▲ | 10 Year |
04 Jun 2005 | 5.8013 | 757.9% ▲ | 20 Year |
Here are some popular conversion amounts for USD to EGP (US dollar to Egyptian pound)*.
*Converted at the current USDEGP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent forecasts for the USD to EGP exchange rate reflect a cautious outlook as the US dollar (USD) faces upward pressure amidst an uncertain geopolitical climate and mixed economic data. Analysts report that the USD has been strengthening broadly, partially driven by a risk-averse market atmosphere as investors flock to safe-haven assets ahead of the forthcoming FOMC minutes. A hawkish Federal Reserve stance on interest rates has bolstered demand for the dollar, especially with speculation around upcoming economic data, notably concerning U.S. GDP growth.
Read our full review of recent USD to EGP forecasts.
There are several ways to save on exchange rates when converting US dollar to Egyptian pound:
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.
Read our Currency guide to Egypt — a practical currency and money guide to travel in Egypt plus living and doing business with the Egyptian pound.
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.
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.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United States (USD) | Egypt (EGP) |
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.
However, the country has several advantages for foreign investors, including a large and educated workforce, a strategic location, and access to a large market. There are also free trade agreements in place with several countries, which can provide preferential treatment for exports to certain markets.
In recent years, Egypt's government has implemented economic reform measures, including currency devaluation, floating exchange rate, and major cut on subsidies which aim to improve the business environment and attract foreign investment.
It is recommended for foreign investors to seek legal and financial guidance before entering the Egyptian market.
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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