Dollar Price in Egypt Today Saturday 17/10/2026

Welcome to Amtalek's comprehensive daily update on the foreign exchange market in Egypt. For those closely monitoring the economy and planning financial transactions, understanding the latest movements in the USD to EGP exchange rate is crucial. This report provides an in-depth look at the dollar price in Egypt today, Saturday 17/10/2026, offering transparency and critical data from across the Egyptian banking sector. Our aim is to equip you with the most accurate and up-to-date information, helping you make informed decisions regarding your currency exchanges.

The Egyptian market remains dynamic, with various factors influencing the performance of the US dollar against the Egyptian Pound. Today's analysis covers the buy and sell rates offered by a wide array of banks, highlighting the prevailing trends and the best available rates for both purchasing and selling the greenback. Whether you are an importer, exporter, investor, or an individual planning remittances, staying abreast of the bank dollar rates Egypt offers is paramount. Amtalek is committed to delivering timely and reliable financial news, ensuring you have a clear picture of the currency landscape.

USD Price in Egyptian Banks Today

The exchange rates for the US Dollar against the Egyptian Pound often exhibit slight variations between different banks. These differences, while sometimes marginal, can be significant for large transactions. Understanding where to find the most favorable rates is key for maximizing the value of your currency exchanges. As of Saturday 17/10/2026, a total of 25 banks have updated their USD exchange rates, reflecting the market's current supply and demand dynamics.

The variations in rates stem from several factors, including each bank's liquidity position, operational costs, and their individual strategies in the foreign exchange market. Consequently, a diligent comparison of rates across multiple institutions is always recommended. Below, Amtalek presents a detailed table outlining the buy and sell prices for the US Dollar in various Egyptian banks today, providing a clear snapshot of the market for those interested in the USD to EGP exchange rate.

Bank	Buy	Sell
Abu Dhabi Islamic Bank (ADIB)	53.55	53.65
National Bank of Egypt (NBE)	53.42	53.52
Al Ahli Bank of Kuwait (ABK)	53.42	53.46
Arab International Bank (AIB)	53.42	53.52
Commercial International Bank (CIB)	53.42	53.52
Bank NXT	53.42	53.52
Banque Misr (BM)	53.42	53.52
Bank of Alexandria (ALEXBANK)	53.42	53.52
EG Bank	53.42	53.52
Industrial Development Bank (IDB)	53.42	53.52
National Bank of Kuwait (NBK)	53.42	53.52
SAIB	53.42	53.52
Suez Canal Bank (SCB)	53.42	53.52
The United Bank (UB)	53.42	53.52
Egyptian Arab Land Bank (EALB)	53.42	53.52
Arab African International Bank (AAIB)	53.42	53.52
Faisal Islamic Bank	53.40	53.50
Housing and Development Bank (HDB)	53.40	53.50
HSBC Egypt	53.40	53.50
KFH Egypt	53.40	53.50
Abu Dhabi Commercial Bank (ADCB)	53.38	53.48
Al Baraka Bank	53.38	53.48
First Abu Dhabi Bank (FABMISR)	53.38	53.48
Credit Agricole (CA)	53.37	53.47
QNB Alahli	53.05	53.15

Highest and Lowest Dollar Prices Today

Understanding the range of the dollar price in Egypt today is essential for anyone looking to engage in foreign exchange. The market on Saturday 17/10/2026 showed a notable spread in rates across the 25 surveyed banks, indicating varying strategies and market positions among financial institutions. This diversity allows consumers and businesses to seek out the most advantageous bank dollar rates Egypt has to offer.

For those looking to sell US Dollars, the highest buy price recorded today was at Abu Dhabi Islamic Bank (ADIB), offering 53.55 EGP per US Dollar. This rate represents the most competitive option for individuals and entities wishing to convert their USD holdings into Egyptian Pounds. Conversely, when considering the lowest sell rates, Abu Dhabi Islamic Bank (ADIB) also presented a competitive offer at 53.65 EGP. Generally, the lowest sell prices across the market tend to align closely with the highest buy prices, reflecting a tight spread in a competitive market environment. Monitoring these extremes provides valuable insight into the overall health and liquidity of the foreign exchange market.

Average Dollar Price in Egypt

Beyond the highest and lowest figures, the average dollar price in Egypt provides a broader perspective on the prevailing market conditions. This average helps to contextualize individual bank rates and offers a benchmark for the overall USD to EGP exchange rate trend. For Saturday 17/10/2026, the calculated average rates across all surveyed banks indicate a stable, albeit closely watched, market.

The average buy price for the US Dollar across Egyptian banks today stands at approximately 53.40 EGP. This figure represents the typical rate at which banks are willing to purchase US Dollars from their customers. Meanwhile, the average sell price, which is the rate at which banks offer to sell US Dollars, is around 53.50 EGP. These average figures highlight a relatively narrow spread between buying and selling, suggesting a degree of stability in the market for the dollar price in Egypt today. Such averages are crucial for businesses in financial planning and for individuals tracking long-term currency movements.

Factors Affecting the Dollar Price in Egypt

The USD to EGP exchange rate is a complex interplay of various domestic and international economic factors. Understanding these underlying influences is key to comprehending the daily fluctuations in the dollar price in Egypt today and anticipating future trends. Several critical elements contribute to shaping the bank dollar rates Egypt offers:

• Inflation: High inflation rates in Egypt typically lead to a depreciation of the Egyptian Pound against major foreign currencies like the US Dollar. As the purchasing power of the EGP diminishes domestically, it takes more Pounds to buy a Dollar. The Central Bank often uses interest rate adjustments to combat inflation, which can indirectly impact the exchange rate.
• Central Bank Policy: The monetary policies set by the Central Bank of Egypt (CBE) play a pivotal role. Decisions regarding interest rates, foreign exchange interventions, and the management of foreign reserves directly influence the supply and demand for the US Dollar. For instance, raising interest rates can make EGP-denominated assets more attractive, potentially strengthening the Pound.
• Foreign Currency Demand: The demand for foreign currency, especially the US Dollar, is a significant driver. This demand stems from various sources, including importers needing to pay for goods, companies repaying foreign debts, and individuals seeking to transfer funds abroad or invest in dollar-denominated assets. High demand for USD, coupled with limited supply, will push the dollar price in Egypt today upwards.
• Trade Balance: Egypt's trade balance, which is the difference between its exports and imports, heavily impacts the availability of foreign currency. A persistent trade deficit means Egypt imports more than it exports, leading to a greater outflow of US Dollars to pay for imports and consequently putting downward pressure on the EGP. Conversely, an improved trade balance, driven by increased exports, can bolster the EGP.
• Tourism & Remittances: These two sectors are vital sources of foreign currency for Egypt. A robust tourism sector brings in significant US Dollar earnings from international visitors. Similarly, remittances from Egyptians working abroad contribute substantially to the foreign currency supply. Any fluctuations in these inflows can directly affect the USD to EGP exchange rate. A decline in tourism or remittances can reduce dollar supply, potentially causing the dollar price in Egypt today to rise.

These factors are interconnected and constantly evolving, making the foreign exchange market a dynamic environment that requires continuous monitoring for those involved in international trade, investment, or personal remittances.

USD Forecast in Egypt

Forecasting the future movements of the dollar price in Egypt today involves analyzing a confluence of economic indicators and global market sentiments. While precise predictions are challenging due to the inherent volatility of currency markets, a realistic outlook can be formed based on current trends and anticipated developments. As of Saturday 17/10/2026, the USD to EGP exchange rate demonstrates a degree of stability within the banking sector, characterized by a relatively narrow spread between buy and sell rates across the surveyed institutions.

Looking ahead, the trajectory of the US Dollar against the Egyptian Pound will largely depend on the sustained efforts of the Central Bank of Egypt to manage inflation and maintain foreign exchange reserves. Global economic conditions, including interest rate decisions by major central banks like the U.S. Federal Reserve, will also play a role, influencing capital flows and investor sentiment towards emerging markets like Egypt. Furthermore, the performance of key foreign currency earners such as tourism and remittances, alongside the government's progress on structural economic reforms and initiatives to boost exports, will be instrumental in shaping the long-term outlook for the EGP. Investors and individuals should continue to monitor these developments closely, as they provide critical insights into the potential future movements of bank dollar rates Egypt.

This service is provided by Amtalek Realestate Platform