Dollar price in Egypt today Thursday 20/08/2026

The financial markets in Egypt witnessed a dynamic start to the day on Thursday 20/08/2026, with the dollar price in Egypt today showing varied movements across different banks. This comprehensive daily update, brought to you by Amtalek, provides an in-depth analysis of the USD to EGP exchange rate, offering crucial insights for individuals and businesses tracking the performance of the US dollar against the Egyptian Pound.

Understanding the daily fluctuations in the USD to EGP exchange rate is paramount for various economic activities, from international trade and investments to personal remittances and savings. Our report meticulously compiles data from a wide array of Egyptian banks, ensuring you have the most accurate and up-to-date information at your fingertips. As the global economic landscape continues to evolve, the local currency market remains a focal point for many, making timely and precise information indispensable.

This report highlights the current exchange rates, identifies the banks offering the most competitive prices, and delves into the underlying factors influencing these rates. Whether you are looking to buy or sell US dollars, or simply monitoring the market trends, Amtalek's daily update serves as your reliable guide to navigating the complexities of the Egyptian foreign exchange market. Stay informed with our expert analysis, ensuring you make well-informed financial decisions in an ever-changing economic environment.

USD Price in Egyptian Banks Today

The USD to EGP exchange rate displayed a range of prices across the Egyptian banking sector on Thursday 20/08/2026. The variations observed reflect the competitive nature of the market and the individual strategies adopted by financial institutions. Investors and individuals seeking to exchange currency often look for the best available bank dollar rates Egypt to maximize their transactions.

Today's market saw a difference of several piasters between the highest and lowest offerings for both buying and selling the US dollar. These nuances are critical for anyone dealing with foreign currency, as even small differences can accumulate significantly, especially for larger transactions. The data collected from 25 prominent banks across Egypt provides a clear picture of the prevailing rates, allowing for a comparative analysis of the market.

Below is a detailed table showcasing the buy and sell prices of the US dollar against the Egyptian Pound in various banks as of Thursday 20/08/2026. This comprehensive overview is designed to help you identify the most favorable rates for your currency exchange needs, offering transparency and clarity in an often-complex market.

Bank	Buy	Sell
Abu Dhabi Islamic Bank (ADIB)	50.70	50.80
Al Ahli Bank of Kuwait (ABK)	50.70	50.80
National Bank of Kuwait (NBK)	50.67	50.77
Bank NXT	50.67	50.77
Bank of Alexandria (ALEXBANK)	50.65	50.75
Faisal Islamic Bank	50.65	50.75
National Bank of Egypt (NBE)	50.65	50.75
Arab International Bank (AIB)	50.65	50.75
Commercial International Bank (CIB)	50.65	50.75
Banque Misr (BM)	50.65	50.75
EG Bank	50.65	50.75
Housing and Development Bank (HDB)	50.65	50.75
MID Bank	50.65	50.75
Suez Canal Bank (SCB)	50.65	50.75
The United Bank (UB)	50.65	50.75
HSBC Egypt	50.65	50.75
KFH Egypt	50.65	50.75
Arab African International Bank (AAIB)	50.65	50.75
SAIB	50.64	50.74
Al Baraka Bank	50.62	50.72
Credit Agricole (CA)	50.62	50.72
First Abu Dhabi Bank (FABMISR)	50.62	50.72
Industrial Development Bank (IDB)	50.60	50.70
Abu Dhabi Commercial Bank (ADCB)	50.60	50.70
Egyptian Arab Land Bank (EALB)	50.55	50.65

Highest and Lowest Dollar Prices Today

On Thursday 20/08/2026, the dollar price in Egypt today exhibited a noticeable spread across the 25 banks surveyed, providing various options for currency exchange. For those looking to sell US dollars and receive Egyptian Pounds, identifying the bank offering the highest buy rate is crucial. Today, the most competitive rate for buying US dollars was observed at Abu Dhabi Islamic Bank (ADIB) and Al Ahli Bank of Kuwait (ABK), both offering a robust 50.70 EGP per US dollar. This rate represents the highest value individuals could get when converting their dollars into local currency.

Conversely, when considering the sell price – the rate at which banks offer US dollars to customers – the market also showed a range. The highest sell price, meaning the most an individual would pay to acquire US dollars from a bank, was 50.80 EGP, also offered by Abu Dhabi Islamic Bank (ADIB) and Al Ahli Bank of Kuwait (ABK). On the other end of the spectrum, the lowest sell price noted among the banks was 50.65 EGP, available at the Egyptian Arab Land Bank (EALB). This indicates the most economical rate for those looking to purchase US dollars today. Understanding these highest and lowest figures is essential for strategic financial planning and ensuring optimal value in currency transactions.

Average Dollar Price in Egypt

Beyond the individual bank rates, understanding the broader market sentiment through average prices offers a valuable perspective on the USD to EGP exchange rate. On Thursday 20/08/2026, the average buy price for the US dollar across the 25 banks surveyed stood at 50.64 EGP. This figure represents the mean rate at which banks were willing to purchase US dollars from customers throughout the day, providing a benchmark for sellers in the market.

For those looking to acquire US dollars, the average sell price across the same institutions was 50.74 EGP. This average reflects the typical cost for individuals and businesses purchasing US dollars from banks. These average figures are crucial for gauging the overall stability and trend of the bank dollar rates Egypt, offering a balanced view that smooths out the minor fluctuations between individual banks. They serve as an important indicator for economic analysts and market participants, helping them to assess the general valuation of the US dollar against the Egyptian Pound on any given day.

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 key to comprehending the daily movements in the USD to EGP exchange rate and anticipating future trends. Here are some of the primary factors:

• Inflation

  Domestic inflation rates play a significant role. High inflation in Egypt relative to the US often puts downward pressure on the Egyptian Pound, making the dollar more expensive. This is because a higher rate of inflation erodes the purchasing power of the local currency, leading investors and consumers to seek refuge in more stable foreign currencies like the US dollar. The Central Bank of Egypt's efforts to manage inflation through monetary policy directly impact the EGP's value.

• Central Bank Policy

  The monetary policies enacted by the Central Bank of Egypt (CBE) are paramount. Decisions regarding interest rates, foreign exchange interventions, and reserve requirements directly influence 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 dollar. Conversely, interventions to inject dollars into the market can help stabilize the exchange rate during periods of scarcity.

• Foreign Currency Demand

  The overall demand for foreign currency within Egypt significantly impacts the bank dollar rates Egypt. This demand stems from various sources, including importers needing dollars to pay for goods, companies repaying foreign debts, and individuals seeking to send remittances abroad or travel. A surge in demand for dollars, without a corresponding increase in supply, will naturally push the exchange rate higher.

• Trade Balance

  Egypt's trade balance – the difference between its exports and imports – is another critical determinant. A persistent trade deficit (imports exceeding exports) means that Egypt is spending more foreign currency than it is earning, thereby increasing the demand for dollars and weakening the EGP. Conversely, an improvement in export performance or a reduction in imports can alleviate pressure on the local currency.

• Tourism & Remittances

  Two vital sources of foreign currency for Egypt are tourism revenues and remittances from Egyptians working abroad. A robust tourism sector brings in substantial dollar inflows, boosting the supply of foreign currency. Similarly, consistent and high volumes of remittances from expatriates provide a stable source of dollars. Any significant decline in either of these areas can lead to a shortage of foreign currency and exert upward pressure on the dollar exchange rate.

• Foreign Investment

  Foreign direct investment (FDI) and portfolio investment also play a crucial role. Inflows of foreign capital into Egyptian industries, infrastructure projects, or government bonds bring dollars into the economy, strengthening the EGP. Conversely, capital flight or a reduction in foreign investment can deplete dollar reserves and lead to depreciation of the local currency. Investor confidence in Egypt's economic stability and growth prospects is therefore a key factor.

• Global Economic Conditions

  Beyond domestic factors, global economic conditions and the strength of the US dollar internationally also affect the USD to EGP exchange rate. Factors such as US interest rate decisions by the Federal Reserve, global commodity prices (especially oil), and geopolitical events can influence the dollar's strength against all currencies, including the EGP. A stronger global dollar typically means a higher dollar price in Egypt.

USD Forecast in Egypt

Forecasting currency movements is inherently challenging due to the multitude of influencing factors, yet a realistic outlook can be drawn from current trends and economic indicators. For the dollar price in Egypt today, and in the short to medium term, stability remains a key objective for the Egyptian authorities. The government and the Central Bank of Egypt are committed to managing the USD to EGP exchange rate to support economic growth and control inflation.

While daily fluctuations are a natural part of any dynamic currency market, significant shifts are often met with policy responses aimed at maintaining balance. The long-term trajectory of the EGP against the USD will largely depend on Egypt's ability to attract foreign investment, boost exports, and manage its debt. Continued structural reforms, improvements in the business environment, and a healthy inflow of tourism revenues and remittances are all positive indicators that could contribute to a more stable or even appreciating EGP.

Conversely, any unforeseen global economic shocks, sustained high inflation, or increased import demand could exert pressure on the currency. Investors and individuals should continue to monitor official announcements from the Central Bank, government economic policies, and global market trends to stay informed about potential changes in the bank dollar rates Egypt. The market is expected to remain responsive to fundamental economic data and policy adjustments, making continuous vigilance essential for all stakeholders.

This service is provided by Amtalek Realestate Platform