Dollar price in Egypt today Thursday 16/07/2026

As the Egyptian economy continues its dynamic trajectory, the exchange rate of the US Dollar against the Egyptian Pound remains a focal point for individuals, businesses, and investors alike. Today, Thursday 16/07/2026, the financial markets opened with varied rates across the nation's banking sector, reflecting the ongoing interplay of global and local economic factors. This daily update, brought to you by Amtalek, provides a comprehensive overview of the Dollar price in Egypt today, offering clarity on the latest USD to EGP exchange rate as reported by 26 leading banks.

Understanding these daily fluctuations is crucial for financial planning and decision-making. The stability and predictability of the exchange rate are key indicators of economic health, influencing everything from import costs and export revenues to investment flows and the cost of living. Today's figures offer a snapshot of the market's response to prevailing economic conditions, highlighting the competitive landscape among banks for foreign currency transactions. Whether you are looking to buy or sell US Dollars, this detailed report aims to equip you with the most accurate and up-to-date information available from the Egyptian banking system.

USD Price in Egyptian Banks Today

The US Dollar exchange rate in Egypt exhibits a degree of variation across different financial institutions, a common characteristic of competitive currency markets. This differentiation allows consumers and businesses to seek out the most favorable rates for their transactions, whether they are looking to purchase US Dollars or convert them into Egyptian Pounds. Today, Thursday 16/07/2026, a total of 26 banks have reported their current exchange rates, presenting a diverse range of options for those engaging in foreign currency exchanges. These rates are influenced by each bank's internal liquidity, operational costs, and strategic positioning within the market.

For those interested in the precise figures, the following table outlines the buying and selling prices of the US Dollar across various Egyptian banks. This comprehensive list serves as a vital tool for comparing rates and making informed decisions, ensuring transparency in the often complex world of foreign exchange. The data presented reflects the rates at the time of this report, offering a clear picture of the current bank dollar rates Egypt for today.

Bank	Buy	Sell
Arab International Bank (AIB)	50.68	50.78
Abu Dhabi Islamic Bank (ADIB)	50.55	50.65
Al Ahli Bank of Kuwait (ABK)	50.55	50.65
SAIB	50.55	50.65
Suez Canal Bank (SCB)	50.55	50.65
Commercial International Bank (CIB)	50.53	50.63
Faisal Islamic Bank	50.53	50.63
National Bank of Egypt (NBE)	50.53	50.63
Bank NXT	50.53	50.63
Banque Misr (BM)	50.53	50.63
Bank of Alexandria (ALEXBANK)	50.53	50.63
EG Bank	50.53	50.63
Housing and Development Bank (HDB)	50.53	50.63
MID Bank	50.53	50.63
The United Bank (UB)	50.53	50.63
HSBC Egypt	50.53	50.63
KFH Egypt	50.53	50.63
Egyptian Arab Land Bank (EALB)	50.53	50.63
Arab African International Bank (AAIB)	50.53	50.63
Industrial Development Bank (IDB)	50.50	50.60
Credit Agricole (CA)	50.50	50.60
Abu Dhabi Commercial Bank (ADCB)	50.50	50.60
Al Baraka Bank	50.50	50.60
National Bank of Kuwait (NBK)	50.50	50.60
First Abu Dhabi Bank (FABMISR)	50.50	50.60
Emirates NBD	50.43	50.53

Highest and Lowest Dollar Prices Today

For those looking to exchange US Dollars, identifying the banks offering the most competitive rates is paramount. Today, Thursday 16/07/2026, the market presented a clear leader for individuals and entities wishing to sell their dollars. The highest BUY price for the US Dollar was recorded at 50.68 EGP, offered by the Arab International Bank (AIB). This rate positions AIB as the top choice for maximizing returns when converting US Dollars into Egyptian Pounds. Correspondingly, AIB was offering a SELL price of 50.78 EGP, which represents their rate for customers looking to purchase US Dollars.

Conversely, examining the selling rates across the 26 banks reveals the lowest price at which consumers can acquire US Dollars. According to today's data, the most favorable SELL price for the US Dollar was observed at Emirates NBD, standing at 50.53 EGP. This offers a significant difference compared to other institutions, indicating that those looking to buy US Dollars might find better value by considering banks that offer lower selling rates. The range between the highest buy and lowest sell prices underscores the importance of consulting daily updates like this to make financially sound decisions regarding the Dollar price in Egypt today.

Average Dollar Price in Egypt

Beyond individual bank rates, understanding the average USD to EGP exchange rate provides a valuable benchmark for the overall market sentiment and prevailing conditions. For Thursday 16/07/2026, after analyzing the rates from all 26 reporting banks, the average BUY price for the US Dollar in Egypt was calculated at 50.53 EGP. This average represents the general rate at which banks are willing to purchase US Dollars from their customers across the market.

Concurrently, the average SELL price for the US Dollar stood at 50.63 EGP. This figure indicates the typical cost for individuals and businesses looking to acquire US Dollars from the banking system today. These average rates offer a broader perspective, helping to contextualize the specific rates offered by individual banks and providing a reference point for market participants. The proximity of these averages suggests a relatively stable, albeit competitive, market environment for the bank dollar rates Egypt on this particular day.

Factors Affecting the Dollar Price in Egypt

The Dollar price in Egypt today is not an isolated figure but rather the outcome of a complex interplay of various domestic and international economic forces. Understanding these underlying factors is crucial for anyone trying to comprehend the dynamics of the USD to EGP exchange rate. Here are some of the primary elements that exert significant influence:

• Inflation

  Inflation is a critical determinant of currency value. When inflation rates are high in Egypt, the purchasing power of the Egyptian Pound diminishes. This often leads to increased demand for more stable foreign currencies, such as the US Dollar, as individuals and businesses seek to protect their savings and assets from erosion. The higher demand for the dollar, coupled with a relatively stable supply, tends to push its price upwards against the local currency. Conversely, if inflation is brought under control and the EGP's purchasing power stabilizes or improves, the pressure on the dollar might ease. The Central Bank of Egypt's efforts to manage inflation through monetary policy, such as interest rate adjustments, are therefore closely watched for their potential impact on the exchange rate.

• Central Bank Policy

  The Central Bank of Egypt (CBE) plays a pivotal role in managing the country's monetary policy, which directly affects the bank dollar rates Egypt. Key policy tools include setting interest rates, intervening in the foreign exchange market, and managing foreign reserves. If the CBE raises interest rates, it can make holding Egyptian Pounds more attractive to foreign investors, potentially increasing capital inflows and strengthening the EGP. Conversely, if the CBE sells foreign currency from its reserves, it increases the supply of dollars in the market, which can help stabilize or even lower the Dollar price in Egypt today. Any policy shifts, or even signals of future policy changes, can lead to immediate reactions in the currency market.

• Foreign Currency Demand

  The demand for foreign currency, particularly the US Dollar, is a significant driver of its price. This demand stems from various sources. Importers require dollars to pay for goods and services brought into Egypt. Businesses with foreign debt obligations need dollars for repayment. Foreign investors repatriating profits or capital from their Egyptian ventures also create demand. Furthermore, in times of economic uncertainty, local investors and citizens may opt to hold dollars as a safe-haven asset, further increasing demand. A sustained high demand for dollars without a corresponding increase in supply will inevitably lead to an appreciation of the USD to EGP exchange rate.

• Trade Balance

  Egypt's trade balance, which is the difference between the value of its exports and imports, has a direct impact on the availability of foreign currency. A trade deficit, where imports exceed exports, means that more foreign currency is leaving the country to pay for goods than is coming in from sales abroad. This deficit creates a persistent demand for foreign currency, putting upward pressure on the dollar's value. Conversely, a trade surplus, where exports are greater than imports, would lead to an accumulation of foreign currency, potentially strengthening the EGP against the dollar. Government policies aimed at boosting exports and reducing reliance on imports are therefore critical for managing the exchange rate.

• Tourism & Remittances

  Tourism and remittances from Egyptians working abroad are two of the most substantial sources of foreign currency inflows into the country. A vibrant tourism sector brings in significant amounts of dollars and other foreign currencies, increasing their supply in the local market. Similarly, regular remittances from Egyptian expatriates contribute a steady stream of foreign exchange. Any disruption to these inflows, such as geopolitical events affecting tourism or economic downturns in host countries impacting remittances, can reduce the supply of foreign currency and consequently lead to an increase in the Dollar price in Egypt today. The stability and growth of these sectors are therefore crucial for maintaining a healthy foreign exchange market.

USD Forecast in Egypt

Forecasting currency movements, particularly the USD to EGP exchange rate, is inherently complex due to the multitude of influencing factors. For the immediate future, market observers will continue to monitor key economic indicators, including inflation rates, the Central Bank's monetary policy decisions, and the overall balance of payments. The bank dollar rates Egypt are expected to remain responsive to shifts in global economic sentiment and local fiscal policies.

While definitive predictions are challenging, the general outlook suggests that the Egyptian Pound's value against the US Dollar will likely continue to be shaped by efforts to attract foreign investment, manage external debt, and bolster foreign currency reserves. Stability in these areas, coupled with consistent inflows from tourism and remittances, could contribute to a more predictable exchange rate environment. However, any unexpected global economic shocks or significant domestic policy changes could introduce volatility. Investors and individuals should remain vigilant and consult official sources for the most current information and guidance.