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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.
US dollar (USD) to Egyptian pound (EGP) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/EGP Outlook: The USD/EGP exchange rate is likely to increase as it is currently trading above its recent average and near recent highs.
USD/EUR Outlook: The USD/EUR exchange rate is likely to decrease as it is currently trading below its recent average and near recent lows.
USD/JPY Outlook: The USD/JPY is likely to move sideways, currently near its 3-month average while trading in a stable range.
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Egyptian pound across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-EGP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best USD to EGP exchange rate is 47.63 from Wise. This is -0.65% compared to the mid-market rate 47.94.
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.
The above Dollar 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 USD-EGP mid-rate and the possible savings of using various providers.
Looking at the full USD to EGP - Send Money comparison table the provider with the best USD to EGP exchange rate is Wise at 47.63, -0.65% from the latest mid-market rate 47.94.
The next best is Western Union at 46.98, -2% from the mid-rate.
Among the banks the Chase Bank rate is 44.73 at -6.7% the Wells Fargo Bank rate is 44.44 at -7.3% and the Citibank rate is 46.65 at -2.7% compared to the mid-rate 47.94.
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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