Dollar price in Egypt today Monday 10/08/2026

As the new week commences, financial markets in Egypt are closely monitoring the latest movements in the foreign exchange market. Today, Monday 10/08/2026, the dollar price in Egypt continues to be a focal point for individuals, businesses, and investors alike. This daily report, brought to you by Amtalek, provides a comprehensive overview of the USD to EGP exchange rate across various Egyptian banks, offering clarity and insight into the current market landscape. Staying informed about these rates is crucial for anyone involved in transactions or investments denominated in foreign currency, reflecting the dynamic interplay of local and global economic factors.

The Egyptian pound's performance against the US dollar remains a key indicator of economic stability and market sentiment. While the market generally exhibits a degree of stability, minor fluctuations can occur from one bank to another, influenced by their individual liquidity positions and operational strategies. Our detailed analysis aims to present the most accurate and up-to-date information, empowering our readers to make informed decisions regarding their foreign exchange needs.

USD Price in Egyptian Banks Today

The dollar price in Egypt today, Monday 10/08/2026, shows a range of rates across the banking sector, reflecting the competitive environment and the varying strategies employed by financial institutions. While the Central Bank of Egypt sets the overarching framework, individual banks often offer slightly different buy and sell rates, which can impact the final cost or return for customers exchanging currency.

For those looking to exchange US dollars to Egyptian pounds, or vice versa, understanding these variations is essential. The difference between the highest and lowest rates, although sometimes marginal, can become significant for large transactions. Our comprehensive table below compiles the buy and sell rates from 25 prominent banks operating in Egypt, providing a clear snapshot of where the best bank dollar rates Egypt can be found. This information is meticulously gathered to ensure accuracy and relevance for our readers seeking the most advantageous exchange options.

Bank	Buy	Sell
Abu Dhabi Islamic Bank (ADIB)	49.82	49.92
Al Ahli Bank of Kuwait (ABK)	49.82	49.92
Bank NXT	49.82	49.92
Faisal Islamic Bank	49.82	49.92
Industrial Development Bank (IDB)	49.82	49.92
SAIB	49.82	49.92
National Bank of Egypt (NBE)	49.80	49.90
Credit Agricole (CA)	49.80	49.90
Al Baraka Bank	49.80	49.90
Commercial International Bank (CIB)	49.80	49.90
Banque Misr (BM)	49.80	49.90
Bank of Alexandria (ALEXBANK)	49.80	49.90
EG Bank	49.80	49.90
Housing and Development Bank (HDB)	49.80	49.90
MID Bank	49.80	49.90
Suez Canal Bank (SCB)	49.80	49.90
The United Bank (UB)	49.80	49.90
KFH Egypt	49.80	49.90
Egyptian Arab Land Bank (EALB)	49.80	49.90
Arab African International Bank (AAIB)	49.80	49.90
First Abu Dhabi Bank (FABMISR)	49.80	49.90
HSBC Egypt	49.79	49.89
Abu Dhabi Commercial Bank (ADCB)	49.75	49.85
National Bank of Kuwait (NBK)	49.75	49.85
Arab International Bank (AIB)	49.74	49.84

Highest and Lowest Dollar Prices Today

Analyzing the data for Monday 10/08/2026, we can pinpoint the most competitive rates offered in the Egyptian banking sector for the US dollar. For those looking to sell US dollars, the highest BUY price available today is 49.82 EGP, offered by several institutions including Abu Dhabi Islamic Bank (ADIB), Al Ahli Bank of Kuwait (ABK), Bank NXT, Faisal Islamic Bank, Industrial Development Bank (IDB), and SAIB. This rate represents the optimal value for individuals and entities wishing to convert their foreign currency holdings into Egyptian pounds.

Conversely, when it comes to purchasing US dollars, the most favorable SELL price observed across the market is 49.92 EGP. This rate is consistently offered by the same group of banks that provide the highest buy rate, including Abu Dhabi Islamic Bank (ADIB), Al Ahli Bank of Kuwait (ABK), Bank NXT, Faisal Islamic Bank, Industrial Development Bank (IDB), and SAIB. This indicates a relatively tight spread in these specific institutions, which is generally beneficial for consumers.

On the other end of the spectrum, some banks present slightly lower rates. For instance, the lowest BUY price recorded today is 49.74 EGP at Arab International Bank (AIB), while the lowest SELL price is 49.84 EGP, also at Arab International Bank (AIB). These variations underscore the importance of comparing rates across different banks to secure the most advantageous USD to EGP exchange rate for any given transaction.

Average Dollar Price in Egypt

To provide a broader perspective on the market, calculating the average dollar price in Egypt offers a useful benchmark. Based on the rates observed across the 25 banks today, Monday 10/08/2026, the market averages are as follows:

• The average BUY price for the US dollar stands at approximately 49.80 EGP.
• The average SELL price for the US dollar is around 49.90 EGP.

These average figures provide a general indication of the prevailing market sentiment and the overall valuation of the US dollar against the Egyptian pound. While individual bank rates may deviate slightly from these averages, they offer a central point for understanding the current financial landscape for the USD to EGP exchange rate.

Factors Affecting the Dollar Price in Egypt

The dollar price in Egypt is influenced by a complex interplay of domestic and international economic factors. Understanding these drivers is key to comprehending the daily fluctuations and long-term trends of the USD to EGP exchange rate. Several critical elements contribute to shaping the value of the US dollar against the Egyptian pound:

Inflation

High inflation rates in Egypt can exert downward pressure on the value of the Egyptian pound, consequently making the US dollar more expensive. When the purchasing power of the local currency erodes, individuals and businesses often seek to hold foreign currencies like the dollar as a hedge against inflation. This increased demand for foreign currency can lead to an appreciation of the dollar against the pound. The Central Bank's efforts to control inflation are therefore crucial for maintaining currency stability.

Central Bank Policy

The Central Bank of Egypt (CBE) plays a pivotal role in managing the country's monetary policy, which directly impacts the USD to EGP exchange rate. Decisions regarding interest rates, foreign exchange interventions, and reserve requirements can significantly influence the supply and demand dynamics of the dollar. For instance, raising interest rates can make holding Egyptian pounds more attractive, potentially strengthening the local currency. Conversely, interventions to manage liquidity or stabilize the market can also affect bank dollar rates Egypt.

Foreign Currency Demand

The demand for foreign currency, particularly the US dollar, stems from various sources within the Egyptian economy. This includes demand from importers requiring dollars to pay for goods, companies needing to service foreign debts, and individuals seeking to travel or invest abroad. A surge in foreign currency demand, without a corresponding increase in supply, will naturally push the dollar price upwards. Economic growth and import volumes are therefore significant determinants.

Trade Balance

Egypt's trade balance, which is the difference between the value of its exports and imports, has a direct bearing on the availability of foreign currency. A trade deficit, where imports exceed exports, means that more dollars are leaving the country than entering, creating a scarcity that can lead to a weaker pound and a higher dollar price. Conversely, an improvement in the trade balance due to increased exports or reduced imports can bolster the supply of foreign currency, helping to stabilize or even strengthen the EGP.

Tourism & Remittances

Tourism and remittances from Egyptians working abroad are vital sources of foreign currency for the country. A robust tourism sector brings in significant dollar revenues, increasing the supply of foreign currency in the market. Similarly, steady and increasing remittances from expatriates contribute substantially to foreign exchange reserves. Any disruptions to these flows, such as global economic downturns affecting remittances or geopolitical events impacting tourism, can reduce dollar inflows and consequently affect the USD to EGP exchange rate.

USD Forecast in Egypt

Looking ahead, the forecast for the dollar price in Egypt remains subject to a confluence of global and local economic developments. While it is challenging to predict exact movements, current trends suggest a market that continues to be influenced by efforts to maintain economic stability and attract foreign investment. The Central Bank of Egypt's ongoing commitment to a flexible exchange rate regime, coupled with its monetary policy decisions, will be key factors in shaping the future trajectory of the USD to EGP exchange rate.

Global economic conditions, including interest rate decisions by major central banks like the U.S. Federal Reserve, commodity price fluctuations, and geopolitical stability, will continue to play a role in the dollar's strength internationally and, by extension, against the Egyptian pound. Domestically, the success of structural reforms, the performance of key economic sectors such as tourism and manufacturing, and the inflow of foreign direct investment will be crucial in determining the supply and demand dynamics for foreign currency.

Investors and individuals should therefore remain vigilant, monitoring official pronouncements and economic indicators. The market is expected to reflect these underlying fundamentals, with bank dollar rates Egypt adjusting in response to shifts in the balance of payments, inflation outlook, and investor confidence. A balanced and informed approach to understanding these factors will be essential for navigating the foreign exchange market in the coming period.