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Dollar price in Egypt today Sunday 21/06/2026

Financial currencies
June 21, 2026
Dollar price in Egypt today Sunday 21/06/2026

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Dollar price in Egypt today Sunday 21/06/2026

Dollar price in Egypt today Sunday 21/06/2026

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Dollar price in Egypt today Sunday 21/06/2026

In a detailed analysis of the Egyptian currency market, the dollar price in Egypt today, Sunday, June 21, 2026, continues to be a focal point for investors, businesses, and the general public. Amtalek, a leading financial news provider, offers a comprehensive update on the latest exchange rates for the US Dollar against the Egyptian Pound (USD to EGP exchange rate) across various banks operating in Egypt. This daily report aims to provide clarity and crucial insights into the market dynamics, helping individuals and entities make informed financial decisions. The stability and fluctuations of the US Dollar are critical indicators of Egypt's economic health, reflecting global economic trends and local monetary policies. Understanding these movements is essential for anyone engaged in international trade, remittances, or simply managing their personal finances in Egypt.

The Egyptian banking sector plays a pivotal role in determining the daily exchange rates, with each bank setting its own buy and sell prices based on a multitude of factors, including interbank market rates, liquidity levels, and operational costs. This report meticulously compiles data from a significant number of banks to offer a holistic view of the market. The persistent interest in the dollar price in Egypt today underscores its importance in the daily economic discourse, influencing everything from import costs to the purchasing power of local currency. Amtalek remains committed to delivering accurate and timely information, ensuring that our readers are always equipped with the latest figures and expert commentary.

USD Price in Egyptian Banks Today

The USD to EGP exchange rate exhibits variations across different banks in Egypt, a common characteristic of a competitive and dynamic foreign exchange market. These differences, while sometimes marginal, can be significant for large transactions, prompting individuals and businesses to compare rates before conducting exchanges. The Central Bank of Egypt's policies and the overall supply and demand for foreign currency significantly influence these rates. Banks adjust their prices frequently throughout the day in response to market conditions, global economic news, and local liquidity. This section presents a detailed breakdown of the dollar's buying and selling prices across 26 major Egyptian banks as of Sunday, June 21, 2026.

The array of prices reflects the diverse strategies employed by financial institutions, some prioritizing competitive buying rates to attract foreign currency, while others might focus on their selling margins. Consumers looking for the best bank dollar rates Egypt will find this table invaluable for identifying the most favorable exchange points. It is noteworthy that while some banks offer identical rates, others show slight deviations, which collectively form the broader market average. This transparency is crucial for fostering a fair and efficient currency market, allowing both domestic and international participants to transact with confidence. The following table provides a clear snapshot of these rates:

Bank Buy Sell
Credit Agricole (CA) 49.90 50.00
Industrial Development Bank (IDB) 49.90 50.00
Abu Dhabi Islamic Bank (ADIB) 49.89 49.99
Al Ahli Bank of Kuwait (ABK) 49.89 49.99
National Bank of Kuwait (NBK) 49.89 49.99
National Bank of Egypt (NBE) 49.87 49.97
Commercial International Bank (CIB) 49.87 49.97
Banque Misr (BM) 49.87 49.97
Bank of Alexandria (ALEXBANK) 49.87 49.97
EG Bank 49.87 49.97
MID Bank 49.87 49.97
SAIB 49.87 49.97
Suez Canal Bank (SCB) 49.87 49.97
The United Bank (UB) 49.87 49.97
KFH Egypt 49.87 49.97
Egyptian Arab Land Bank (EALB) 49.87 49.97
Arab African International Bank (AAIB) 49.87 49.97
Arab International Bank (AIB) 49.86 49.96
Housing and Development Bank (HDB) 49.85 49.95
HSBC Egypt 49.84 49.94
Abu Dhabi Commercial Bank (ADCB) 49.82 49.92
Al Baraka Bank 49.82 49.92
First Abu Dhabi Bank (FABMISR) 49.82 49.92
Bank NXT 49.80 49.90
Emirates NBD 49.77 49.87
Faisal Islamic Bank 49.77 49.87

Highest and Lowest Dollar Prices Today

Today's trading session, Sunday, June 21, 2026, saw varying rates across Egyptian banks for the US Dollar. For those looking to exchange foreign currency, identifying the most competitive rates is paramount. Our analysis shows that the highest buying price for the dollar was recorded at 49.90 EGP. This rate was offered by Credit Agricole (CA) and Industrial Development Bank (IDB), making them the most attractive options for individuals and businesses looking to sell their dollars.

Conversely, when considering the selling price of the dollar, the highest selling price reached 50.00 EGP. This rate was observed at Credit Agricole (CA) and Industrial Development Bank (IDB). This implies that if you are looking to purchase dollars, these banks are offering them at the higher end of the market spectrum today. While the range between buy and sell prices reflects the banks' operational margins, these specific figures highlight the competitive landscape among financial institutions. It is always advisable for customers to check the current bank dollar rates Egypt at their preferred institution before proceeding with any transactions, as rates can be subject to change throughout the day based on market movements and liquidity.

Understanding these highest and lowest points provides a clear benchmark for the day's trading, offering transparency in the market for the USD to EGP exchange rate. The spread between the highest buy and highest sell rates also offers insights into the market's overall liquidity and the banks' pricing strategies. For many, securing the best possible rate, even if the difference is slight, can lead to substantial savings or gains over time, especially for frequent international transactions or large sums. This daily overview is designed to empower consumers with the knowledge needed to navigate the foreign exchange market efficiently.

Average Dollar Price in Egypt

Beyond the individual bank rates, it is crucial to understand the broader market trend, which is best represented by the average exchange rates. As of Sunday, June 21, 2026, the average buying price for the US Dollar across the 26 surveyed banks in Egypt stood at 49.86 EGP. This figure provides a comprehensive midpoint for the rate at which banks are willing to purchase dollars from customers. It reflects the collective sentiment and pricing strategies of the majority of financial institutions in the country, giving a more general perspective on the market's demand for foreign currency.

Similarly, the average selling price for the US Dollar in Egypt today was calculated at 49.96 EGP. This average represents the typical rate at which banks are selling dollars to their customers. The difference between the average buy and average sell prices, often referred to as the spread, indicates the cost of foreign exchange transactions and the banks' profit margins. A tighter spread generally suggests a more liquid and competitive market. These average figures are vital for economists, analysts, and policymakers to gauge the overall stability and direction of the USD to EGP exchange rate, providing a benchmark against which individual bank performances can be measured. For the average consumer, these averages offer a realistic expectation of what they might encounter when engaging in foreign exchange activities, providing context for the specific bank dollar rates Egypt they might find.

Factors Affecting the Dollar Price in Egypt

The dollar price in Egypt today, and indeed on any given day, is not determined in isolation but is a complex interplay of various domestic and international economic factors. Understanding these underlying drivers is key to comprehending the fluctuations in the USD to EGP exchange rate. Here are some of the primary factors:

Inflation

Inflation rates in Egypt significantly impact the value of the Egyptian Pound relative to the US Dollar. High domestic inflation erodes the purchasing power of the local currency, making imported goods more expensive and often leading to an increased demand for foreign currency, especially the dollar, as a hedge against inflation. This increased demand for dollars, coupled with a depreciating local currency, typically pushes the USD to EGP exchange rate higher. The Central Bank of Egypt's efforts to control inflation through monetary policy, such as adjusting interest rates, directly influence these dynamics.

Central Bank Policy

The Central Bank of Egypt (CBE) plays a crucial role in managing the country's monetary policy and, consequently, the exchange rate. Decisions regarding interest rates, foreign exchange interventions (buying or selling dollars in the market), and reserve requirements directly affect the supply and demand for the US Dollar. For instance, raising interest rates can make holding Egyptian Pounds more attractive, potentially strengthening the EGP against the USD. Conversely, interventions to inject dollars into the market can help stabilize or reduce the dollar price in Egypt today by increasing supply.

Foreign Currency Demand

The overall demand for foreign currency, particularly the US Dollar, from various sectors of the Egyptian economy is a major determinant. Businesses needing to import goods and services, individuals sending money abroad, or investors repatriating profits all contribute to this demand. A surge in import activities or a significant outflow of foreign investment can increase the demand for dollars, putting upward pressure on the USD to EGP exchange rate. The government's fiscal policies and economic development plans also influence this demand by shaping the investment climate and trade volumes.

Trade Balance

Egypt's trade balance, which is the difference between the value of its exports and imports, directly affects the availability of foreign currency. A trade deficit, where imports exceed exports, means that more dollars are leaving the country to pay for foreign goods than are entering from export revenues. This creates a shortage of foreign currency and can lead to an appreciation of the dollar against the EGP. Conversely, a trade surplus would increase the supply of foreign currency, potentially strengthening the Egyptian Pound. Efforts to boost exports and reduce reliance on imports are crucial for a stable exchange rate.

Tourism & Remittances

Tourism and remittances from Egyptians working abroad are vital sources of foreign currency for Egypt. A robust tourism sector brings in significant dollar revenues, increasing the supply of foreign currency in the market. Similarly, remittances sent home by expatriate Egyptians represent a steady inflow of dollars. Any disruption to these sectors, such as geopolitical events affecting tourism or global economic downturns impacting employment for Egyptians abroad, can reduce dollar inflows, thereby increasing the dollar price in Egypt today. Government policies aimed at supporting tourism and facilitating remittances are thus important for exchange rate stability.

USD Forecast in Egypt

Looking ahead, the outlook for the USD to EGP exchange rate remains subject to a confluence of domestic economic reforms and global financial dynamics. While it is challenging to provide precise predictions, a realistic assessment suggests continued vigilance from the Central Bank of Egypt to maintain market stability. The government's ongoing commitment to attracting foreign direct investment and boosting local production is expected to play a significant role in enhancing foreign currency inflows, which could help stabilize the Egyptian Pound in the medium term. Furthermore, global economic conditions, including interest rate decisions by major central banks like the U.S. Federal Reserve, will continue to exert influence on emerging market currencies, including the EGP.

Analysts generally anticipate that the dollar price in Egypt today and in the near future will reflect a balance between efforts to control inflation and the need to support economic growth. The emphasis on strengthening the local economy through various mega-projects and diversification initiatives aims to reduce reliance on imports and increase export revenues, thereby easing pressure on the demand for foreign currency. However, external shocks, such as commodity price volatility or shifts in global trade patterns, could introduce periods of fluctuation. Investors and individuals should continue to monitor official announcements from the Central Bank and global economic indicators for the most up-to-date insights into the bank dollar rates Egypt and the broader currency market trends. The overarching goal for policymakers remains to foster an environment of economic stability and growth, which is intrinsically linked to a predictable and well-managed exchange rate regime.

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