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    Best USD to EGP Exchange Rates Compared Live

    The live mid-rate USD to EGP exchange rate is 50.43. Compare currency conversion rates - Reduce FX costs.

    USD-EGP Best Exchange Rates
     
     

    What is the best Send Money conversion rate for USD to EGP?

    The best USD to EGP exchange rate is 50.1 from Wise. This is -0.65% compared to the mid-market rate 50.43.

    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.

    How do USD-EGP rates compare between providers?

    Looking at our comparison table the best USD to EGP exchange rate is 50.1 from Wise, -0.65% from the mid-market rate 50.43. The next best rate is 49.82484 from , -1.2% from the mid-rate. WorldRemit with 49.22 is -2.4% from the mid-rate.

    The Western Union rate is 49.62 which is -1.6% from the mid-rate.

    Among the banks, the Citibank rate is 49.07 at -2.7%, the Chase Bank rate is 47.05 at -6.7%, and the Wells Fargo Bank rate is 46.75 at -7.3% from the mid-rate.

    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.

     

    Compare Rates

     

    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. 

     
     
     

    USD to EGP Market Data

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

     
    Sell USD   →   Buy EGP
    1 USD =
    50.43We compare provider deals to this wholesale mid-market rate. Read more
    EGP
    ▼-0.1% since yesterday
    30d-lows
    USD to EGP is at 30-day lows near 50.45, 1.1% above its 3-month average of 49.88, having traded in a quite stable 5.1% range from 48.59 to 51.08
    |
    Tracker

    Manage Tracker   

      1 EGP = 0.019830 USD
    DateUSD/EGPChangePeriod
    01 Jan 2025
    50.83
    		0.8% ▼2 Week
    17 Oct 2024
    48.63
    		3.7% ▲3 Month
    16 Jan 2024
    30.89
    		63.3% ▲1 Year
    17 Jan 2020
    15.83
    		218.6% ▲5 Year
    18 Jan 2015
    7.1496
    		605.5% ▲10 Year
    20 Jan 2005
    5.9127
    		753.1% ▲20 Year
    USD/EGP historic rates & change to 15-Jan-2025
     

    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 £ 50.43
    $ 5 £ 252.15
    $ 10 £ 504.30
    $ 20 £ 1,009
    $ 50 £ 2,522
    $ 100 £ 5,043
    $ 250 £ 12,608
    $ 500 £ 25,215
    $ 1,000 £ 50,430
    $ 2,000 £ 100,860
    $ 5,000 £ 252,150
    $ 10,000 £ 504,300
    $ 20,000 £ 1,008,600
    $ 50,000 £ 2,521,500
    $ 100,000 £ 5,043,000
    USD EGP
    $ 0.0198 £ 1
    $ 0.0992 £ 5
    $ 0.1983 £ 10
    $ 0.3966 £ 20
    $ 0.9915 £ 50
    $ 1.9830 £ 100
    $ 4.9575 £ 250
    $ 9.9150 £ 500
    $ 19.83 £ 1,000
    $ 39.66 £ 2,000
    $ 99.15 £ 5,000
    $ 198.30 £ 10,000
    $ 396.60 £ 20,000
    $ 991.50 £ 50,000
    $ 1,983 £ 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

     

    Recent forecasts for the USD to EGP exchange rate are underscored by the US dollar's performance amid a climate of market uncertainty. The dollar has gained modestly, buoyed by a risk-averse sentiment that drives investors to safe-haven currencies. Analysts emphasize that upcoming non-farm payroll data could significantly impact the dollar’s trajectory, with positive employment figures likely to bolster the greenback further. Market participants are closely monitoring economic indicators and political developments, particularly President Trump's trade policies and their implications for inflation and interest rates, which collectively are forecasted to strengthen the dollar.

    Read our full review of recent USD to EGP forecasts.

     
    EGP and flag

    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.

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

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    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

    Compare Rates

    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.

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

     
     

    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.

    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

       
     
     
     

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    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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