Dollar price in Egypt today Sunday 16/08/2026

Sunday 16/08/2026

The financial landscape in Egypt continues to draw significant attention, particularly concerning the exchange rate of the US Dollar against the Egyptian Pound. Today, Sunday 16/08/2026, the dollar price in Egypt remains a key indicator for businesses, investors, and individuals alike. Amtalek is pleased to provide its readers with a comprehensive and up-to-date overview of the USD to EGP exchange rate across various Egyptian banks, offering clarity and transparency in a dynamic market.

Understanding the daily fluctuations in the dollar price in Egypt is crucial for informed decision-making. These movements are influenced by a multitude of economic factors, both domestic and global, impacting everything from import costs to investment returns. Our detailed report aims to distill this complex information, presenting the latest bank dollar rates Egypt in a clear and accessible format. As the Egyptian economy navigates its growth trajectory, the stability and performance of its national currency against major foreign currencies like the US Dollar are always under close observation.

This report compiles data from 21 prominent banks operating within Egypt, providing a snapshot of the current buying and selling rates. While the Central Bank of Egypt sets the overarching monetary policy, individual banks often exhibit slight variations in their quoted rates, reflecting their own liquidity positions, operational costs, and competitive strategies. This makes it essential for anyone looking to exchange currency to consult the latest figures to secure the most favorable transaction.

We invite you to delve into the detailed figures below, which reflect the dollar price in Egypt today, Sunday 16/08/2026, enabling you to make well-informed financial choices whether you are planning international transactions, assessing investment opportunities, or simply keeping abreast of economic developments. Amtalek remains committed to delivering accurate and timely financial news to its valued audience.

USD Price in Egyptian Banks Today

The US Dollar exchange rate in Egypt shows a degree of variation across the country's banking sector today, Sunday 16/08/2026. This dynamic is a standard feature of the market, where each of the 21 banks included in our survey sets its specific buy and sell rates based on a range of internal and external factors. These slight differences in bank dollar rates Egypt are significant for those involved in currency exchange, as even small fractions can impact the overall value of transactions, especially for larger sums.

Customers looking to either buy or sell US Dollars will find that rates can differ from one institution to another. These discrepancies highlight the importance of consulting a comprehensive list of bank offerings before conducting any foreign exchange operations. Our compilation aims to simplify this process by presenting a clear comparison of the USD to EGP exchange rate across a broad spectrum of Egyptian banks, allowing you to identify the most competitive rates available in the market on this particular day.

Below is a detailed table outlining the dollar price in Egypt today, specifically the buy and sell rates for the US Dollar as reported by 21 major banks. This information is current as of Sunday 16/08/2026 and provides a transparent look at where the market stands. The table is arranged to offer an easy comparison, ensuring that you have all the necessary data at your fingertips to navigate the currency market effectively.

Bank	Buy	Sell
Bank NXT	50.24	50.34
Commercial International Bank (CIB)	50.23	50.33
Bank of Alexandria (ALEXBANK)	50.23	50.33
Suez Canal Bank (SCB)	50.23	50.33
National Bank of Egypt (NBE)	50.23	50.33
Arab International Bank (AIB)	50.23	50.33
Banque Misr (BM)	50.23	50.33
EG Bank	50.23	50.33
Faisal Islamic Bank	50.23	50.33
Housing and Development Bank (HDB)	50.23	50.33
MID Bank	50.23	50.33
The United Bank (UB)	50.23	50.33
HSBC Egypt	50.23	50.33
Egyptian Arab Land Bank (EALB)	50.23	50.33
Arab African International Bank (AAIB)	50.23	50.33
Abu Dhabi Commercial Bank (ADCB)	50.20	50.30
KFH Egypt	50.20	50.30
First Abu Dhabi Bank (FABMISR)	50.20	50.30
Industrial Development Bank (IDB)	50.18	50.28
Al Baraka Bank	50.18	50.28
Credit Agricole (CA)	50.13	50.23

Highest and Lowest Dollar Prices Today

For those closely monitoring the dollar price in Egypt, identifying the highest and lowest rates offered by banks is key. Today, Sunday 16/08/2026, the market presents specific benchmarks for the USD to EGP exchange rate that can guide individuals and businesses in their currency transactions. These figures represent the extremes of the spectrum within the banking sector, offering insight into the most favorable and least favorable rates available for exchanging US Dollars.

Highest Dollar Buy Price

• The highest buy price for the US Dollar today was recorded at 50.24 EGP.
• This rate was offered by Bank NXT, making it the most attractive option for those looking to sell US Dollars to a bank.

This highest buy rate indicates the maximum amount of Egyptian Pounds a bank is willing to pay for one US Dollar. For individuals or entities holding US Dollars and seeking to convert them into EGP, Bank NXT offers the most competitive rate as of today's market opening. This information is particularly valuable for expatriates sending remittances, businesses receiving foreign payments, or investors repatriating funds.

Highest and Lowest Dollar Sell Prices

When it comes to selling US Dollars to customers, banks also exhibit a range of prices. The "Best SELL price" as per our strict data, refers to the highest selling rate observed today in the market.

• The highest selling rate for the US Dollar today was observed at 50.34 EGP.
• This rate was offered by Bank NXT, representing the highest price at which a bank is selling US Dollars to customers among the surveyed institutions.

Conversely, for customers looking to purchase US Dollars, the lowest selling rate is of paramount interest. Among the bank dollar rates Egypt reported today, the lowest selling price provides the most cost-effective option for acquiring USD.

• The lowest selling rate for the US Dollar today was 50.23 EGP.
• This competitive rate was offered by Credit Agricole (CA), providing the most economical option for those wishing to buy US Dollars from a bank.

These figures underscore the importance of comparing rates across different banks. Whether you are selling USD to obtain EGP or buying USD for international payments or travel, knowing these highest and lowest bank dollar rates Egypt can significantly impact the outcome of your transaction. The spread between the highest buy and lowest sell rates also reflects the overall liquidity and competitiveness within the Egyptian foreign exchange market on any given day.

Average Dollar Price in Egypt

Beyond the individual bank rates, understanding the average dollar price in Egypt provides a broader perspective on the market's overall sentiment and stability. These average figures, calculated from the rates offered by the 21 banks surveyed today, Sunday 16/08/2026, offer a benchmark for the USD to EGP exchange rate, smoothing out the minor variations seen across different institutions.

The average rates are particularly useful for analysts, economists, and anyone seeking a general understanding of where the currency stands without getting into the specifics of each bank's offerings. They represent the collective pulse of the banking sector regarding the value of the US Dollar against the Egyptian Pound.

Average Buy Price

• The average buy price for the US Dollar across Egyptian banks today stands at 50.22 EGP.

This average buy rate indicates the typical amount of Egyptian Pounds that banks are willing to pay for one US Dollar. It gives a good indication of the market's valuation of USD from the perspective of banks acquiring foreign currency. For individuals or businesses selling USD, this average provides a reasonable expectation of what they might receive, though specific bank dollar rates Egypt could be higher or lower.

Average Sell Price

• The average sell price for the US Dollar across Egyptian banks today is 50.32 EGP.

This average sell rate represents the typical cost for customers looking to purchase one US Dollar from a bank. It reflects the general price point at which the banking sector is making foreign currency available. For those planning to buy USD, this average helps in budgeting and understanding the prevailing market price, even if they end up transacting at a slightly different rate from a specific bank.

These average figures serve as a valuable reference point for assessing the overall trend of the dollar price in Egypt. They highlight the current equilibrium in the foreign exchange market, influenced by supply and demand dynamics, monetary policy, and global economic factors. Monitoring these averages over time can reveal patterns and help in forecasting potential future movements in the USD to EGP exchange rate.

Factors Affecting the Dollar Price in Egypt

The dollar price in Egypt is not static; it's a dynamic reflection of a complex interplay of economic forces. Understanding these underlying factors is crucial for anyone keen on deciphering the movements of the USD to EGP exchange rate. Several key elements contribute to the daily fluctuations observed in bank dollar rates Egypt, influencing both the supply and demand for foreign currency within the local market.

Inflation

Inflation plays a significant role in determining currency values. High domestic inflation in Egypt, relative to the US, can lead to a depreciation of the Egyptian Pound. As the purchasing power of the EGP erodes internally, it takes more EGP to buy the same amount of US Dollars, thereby increasing the dollar price. Conversely, if Egypt's inflation is brought under control and is lower than that in the US, the EGP might strengthen.

Central Bank Policy

The Central Bank of Egypt (CBE) wields considerable influence over the dollar price through its monetary policies. Decisions regarding interest rates, foreign exchange interventions, and reserve requirements can directly impact the USD to EGP exchange rate. For instance, raising interest rates can make EGP-denominated assets more attractive, potentially strengthening the EGP. Direct intervention, such as selling dollars from reserves, can increase dollar supply and stabilize or lower the dollar price in Egypt. The CBE's commitment to a flexible exchange rate regime, or lack thereof, also plays a critical role in how market forces shape the bank dollar rates Egypt.

Foreign Currency Demand

The demand for foreign currency, particularly the US Dollar, is a major driver. A high demand for dollars, driven by importers needing to pay for goods, companies servicing foreign debts, or individuals seeking to invest abroad, puts upward pressure on the dollar price. Conversely, if there is a surplus of dollars in the market, the price tends to fall. This demand is often seasonal, fluctuating with trade cycles, investment flows, and tourism seasons.

Trade Balance

Egypt's trade balance, which is the difference between its exports and imports, directly impacts the supply and demand for foreign currency. A trade deficit (imports exceeding exports) means that more foreign currency is leaving the country than entering it, which can weaken the EGP and push up the dollar price. Conversely, a trade surplus would bolster the EGP. Efforts to boost exports and reduce reliance on imports are vital for maintaining a stable USD to EGP exchange rate.

Tourism & Remittances

Two significant sources of foreign currency inflow for Egypt are tourism revenues and remittances from Egyptians working abroad. A robust tourism sector brings in substantial amounts of foreign currency, increasing the supply of dollars and helping to stabilize or lower the dollar price. Similarly, a steady flow of remittances from expatriates provides a consistent source of foreign exchange. Any disruption to these inflows, whether due to global economic slowdowns, geopolitical events, or changes in employment opportunities for Egyptians abroad, can put pressure on the EGP and affect bank dollar rates Egypt.

These factors are interconnected and constantly evolving, making the dollar price in Egypt a dynamic and often unpredictable element of the economic landscape. Monitoring these indicators provides a comprehensive understanding of the forces shaping the USD to EGP exchange rate.

USD Forecast in Egypt

Forecasting the future movements of the dollar price in Egypt is a complex task, influenced by a multitude of domestic and international economic variables. While no definitive predictions can be made, an outlook can be formed based on the prevailing economic conditions and the potential trajectories of key influencing factors. Today, Sunday 16/08/2026, the USD to EGP exchange rate reflects a market striving for equilibrium amidst ongoing economic reforms and global financial shifts.

In the short term, the dollar price in Egypt is expected to remain sensitive to the Central Bank of Egypt's policy decisions. Any interventions aimed at managing liquidity or adjusting interest rates will undoubtedly ripple through the foreign exchange market, influencing bank dollar rates Egypt. The government's continued commitment to structural reforms, including efforts to boost local production and attract foreign direct investment, could also play a role in stabilizing the EGP over time. Increased investor confidence and higher foreign currency inflows would naturally support the local currency, potentially easing the upward pressure on the dollar price.

Globally, factors such as US monetary policy, commodity prices, and geopolitical developments will continue to exert an influence. A stronger US dollar internationally, driven by factors like interest rate hikes by the Federal Reserve or global economic uncertainties, could put depreciatory pressure on the EGP. Conversely, a weaker global dollar could provide some relief. The stability of global trade and supply chains also has direct implications for Egypt's import bill and export revenues, thereby affecting the balance of payments and the availability of foreign currency.

Looking ahead, the long-term outlook for the dollar price in Egypt will largely depend on the country's success in achieving sustainable economic growth, diversifying its revenue streams, and enhancing its competitiveness on the global stage. Building robust reserves, fostering export-oriented industries, and maintaining a favorable investment climate are crucial for strengthening the EGP and ensuring a more stable USD to EGP exchange rate. While daily fluctuations are inherent to currency markets, the underlying trend will be shaped by Egypt's fundamental economic performance and its ability to navigate external shocks.

This service is provided by Amtalek Realestate Platform