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Dollar price in Egypt today Saturday 22/08/2026

Financial currencies
August 22, 2026
Dollar price in Egypt today Saturday 22/08/2026

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Dollar price in Egypt today Saturday 22/08/2026

Dollar price in Egypt today Saturday 22/08/2026

Financial currencies

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Dollar price in Egypt today Saturday 22/08/2026

Welcome to Amtalek's comprehensive daily update on the dollar price in Egypt today, Saturday 22/08/2026. Understanding the dollar price in Egypt today is crucial for individuals, businesses, and investors alike, as it directly impacts various aspects of the Egyptian economy, from import costs to the purchasing power of the Egyptian Pound. Our detailed report aims to provide you with the most accurate and up-to-date information on the USD to EGP exchange rate across a wide array of Egyptian banks.

The foreign exchange market in Egypt remains a key area of focus, reflecting both global economic trends and domestic financial policies. As of Saturday, August 22, 2026, the USD to EGP exchange rate continues to be a dynamic indicator, with slight variations observed across different financial institutions. This daily analysis by Amtalek is designed to offer clarity and transparency, helping you navigate the currency landscape with confidence. We meticulously track the buy and sell rates from numerous banks to present a holistic view of the market, ensuring you have access to the information needed for informed financial decisions.

USD Price in Egyptian Banks Today

The bank dollar rates Egypt can vary significantly from one institution to another, a common characteristic of competitive financial markets. These differences are often influenced by each bank's liquidity position, operational costs, client base, and specific market strategies. For those looking to exchange currency, whether buying or selling, it is always advisable to compare rates across multiple banks to secure the most favorable transaction. Today, Saturday 22/08/2026, we observe a range of prices that reflect these market dynamics.

Below is a detailed table showcasing the dollar exchange rates (buy and sell) across 25 prominent Egyptian banks. This table is updated to reflect the latest available figures for today, providing a clear snapshot of where you can find the best rates for your dollar transactions. The data compiled here illustrates the competitive nature of the Egyptian banking sector concerning foreign currency exchange, offering valuable insights for anyone monitoring the dollar price in Egypt today.

Bank Buy Sell
Abu Dhabi Islamic Bank (ADIB) 50.85 50.95
Al Ahli Bank of Kuwait (ABK) 50.85 50.88
SAIB 50.85 50.95
HSBC Egypt 50.84 50.94
National Bank of Egypt (NBE) 50.83 50.93
Bank NXT 50.83 50.93
Banque Misr (BM) 50.83 50.93
EG Bank 50.83 50.93
Faisal Islamic Bank 50.83 50.93
Industrial Development Bank (IDB) 50.83 50.93
MID Bank 50.83 50.93
Suez Canal Bank (SCB) 50.83 50.93
The United Bank (UB) 50.83 50.93
Egyptian Arab Land Bank (EALB) 50.83 50.93
Arab African International Bank (AAIB) 50.83 50.93
Arab International Bank (AIB) 50.82 50.92
Housing and Development Bank (HDB) 50.82 50.92
Credit Agricole (CA) 50.80 50.90
Abu Dhabi Commercial Bank (ADCB) 50.80 50.90
Al Baraka Bank 50.80 50.90
KFH Egypt 50.80 50.90
First Abu Dhabi Bank (FABMISR) 50.80 50.90
Commercial International Bank (CIB) 50.78 50.88
National Bank of Kuwait (NBK) 50.75 50.85
Bank of Alexandria (ALEXBANK) 50.73 50.83

Highest and Lowest Dollar Prices Today

For those looking to sell US Dollars, identifying the bank offering the highest buy rate is paramount to maximizing returns. Today, Saturday 22/08/2026, the highest dollar buy price in Egyptian banks was recorded at 50.85 EGP. This competitive rate was offered by multiple institutions, including Abu Dhabi Islamic Bank (ADIB), Al Ahli Bank of Kuwait (ABK), and SAIB, making them key destinations for individuals and businesses seeking to convert their USD holdings into Egyptian Pounds at the most advantageous rate.

Conversely, when considering the purchase of US Dollars, the focus shifts to the lowest sell price available. The market for selling USD to customers today shows a range, with the best sell price observed at 50.95 EGP. Banks such as Abu Dhabi Islamic Bank (ADIB) and SAIB were among those offering this rate. While numerous banks presented very competitive sell rates, the general trend indicates a market where customers have several options to acquire dollars without significant discrepancies, making it crucial to consult the provided table to identify the most suitable option based on location and banking preference.

Average Dollar Price in Egypt

Beyond the individual bank rates, understanding the average dollar price provides a valuable benchmark for the overall market sentiment and prevailing exchange rate trends. This average helps to contextualize the individual offerings and provides a broader perspective on the USD to EGP exchange rate. For today, Saturday 22/08/2026, the calculated averages offer a clear picture of the market's mid-point.

The average dollar buy price across the 25 Egyptian banks monitored today stood at approximately 50.82 EGP. This figure represents the mean rate at which banks are willing to purchase US Dollars from their customers. It provides a solid indicator of the general value of the dollar when converted into Egyptian Pounds, reflecting the collective demand for foreign currency within the banking system.

Meanwhile, the average dollar sell price, which is the rate at which banks are selling US Dollars to their customers, was around 50.91 EGP. This average sell rate is crucial for importers, travelers, and anyone requiring foreign currency. The spread between the average buy and sell prices reflects the banks' operational costs and profit margins, but also offers insight into the overall liquidity and stability of the foreign exchange market in Egypt.

These average figures serve as a useful reference point for market participants. While individual bank rates may fluctuate based on specific institutional policies, the averages provide a stable measure of the bank dollar rates Egypt, helping to gauge the overall direction and health of the currency market.

Factors Affecting the Dollar Price in Egypt

The dollar price in Egypt today is influenced by a complex interplay of domestic and international economic factors. Understanding these drivers is essential for comprehending the fluctuations in the USD to EGP exchange rate and anticipating future movements. Several key elements consistently shape the value of the Egyptian Pound against the US Dollar.

Inflation

Inflation is a significant determinant of currency value. When Egypt experiences high inflation, the purchasing power of the Egyptian Pound erodes. This makes the US Dollar, a relatively more stable currency, more attractive as a store of value. Consequently, increased demand for dollars to hedge against inflation can put upward pressure on the dollar price in Egypt today. High inflation also impacts the cost of imports, further increasing the demand for foreign currency to pay for essential goods and raw materials.

Central Bank Policy

The Central Bank of Egypt (CBE) plays a pivotal role in managing the country's monetary policy, which directly affects the USD to EGP exchange rate. Decisions regarding interest rates, foreign exchange interventions, and reserve requirements can have profound impacts. For instance, raising interest rates can make holding EGP assets more attractive, potentially strengthening the local currency. Conversely, if the CBE intervenes in the market by selling dollars from its reserves, it can increase the supply of USD and help stabilize or even lower its price against the EGP.

Foreign Currency Demand

The balance between the supply and demand for foreign currency is a fundamental driver of exchange rates. High demand for US Dollars, often stemming from increased import activities, debt servicing, or capital outflows, can push the USD to EGP exchange rate higher. Conversely, a robust inflow of foreign currency from sources like exports, foreign direct investment (FDI), and international loans can increase the supply of dollars, potentially strengthening the EGP.

Trade Balance

Egypt's trade balance, which is the difference between the value of its exports and imports, significantly impacts the bank dollar rates Egypt. A persistent trade deficit, where imports exceed exports, means that the country needs to spend more foreign currency than it earns. This creates a continuous demand for dollars to finance imports, putting downward pressure on the Egyptian Pound. Efforts to boost exports and reduce reliance on imports are crucial for improving the trade balance and stabilizing the local currency.

Tourism & Remittances

Tourism and remittances from Egyptians working abroad are vital sources of foreign currency for the Egyptian economy. A thriving tourism sector brings in significant dollar revenues, increasing the supply of foreign currency in the market. Similarly, remittances sent by expatriate Egyptians provide a steady stream of dollars, which helps to bolster the country's foreign exchange reserves and support the EGP. Any fluctuations in these inflows, whether due to global economic conditions, travel restrictions, or geopolitical events, can directly impact the dollar price in Egypt today.

USD Forecast in Egypt

Predicting the precise future trajectory of the dollar price in Egypt today is inherently challenging due to the multitude of interconnected global and domestic factors at play. However, a realistic outlook suggests that the USD to EGP exchange rate will likely remain sensitive to ongoing economic reforms, global market sentiments, and the Central Bank of Egypt's policy decisions.

The Egyptian government and the Central Bank continue their efforts to foster economic stability, attract foreign investment, and boost local production and exports. These initiatives, if successful, are designed to enhance the supply of foreign currency and strengthen the Egyptian Pound in the long term. However, external shocks, such as shifts in global commodity prices, changes in international interest rates, or regional geopolitical developments, could introduce volatility.

For the immediate future, market participants should anticipate that the USD to EGP exchange rate will continue to reflect the balance of foreign currency inflows and outflows, as well as the effectiveness of monetary policies aimed at managing inflation and maintaining economic growth. It is prudent for individuals and businesses to closely monitor official bank dollar rates Egypt and stay informed about economic announcements, as these will be key indicators shaping the currency's performance.

Ultimately, while short-term fluctuations are always possible, the broader outlook for the dollar price in Egypt will depend on the sustained implementation of sound economic policies, the continued growth of key sectors like tourism and exports, and the overall stability of the global economic environment.

This service is provided by Amtalek Realestate Platform

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