Dollar price in Egypt today Wednesday 17/06/2026

Stay informed with the latest updates on the dollar price in Egypt today, Wednesday, June 17, 2026. Amtalek provides a comprehensive overview of the US dollar exchange rates against the Egyptian Pound (EGP) across various banks, offering clarity for individuals and businesses tracking the market. The financial landscape in Egypt continues to be a key focus for investors and the general public, with the USD to EGP exchange rate being a critical indicator of economic stability and market dynamics. Understanding these daily fluctuations is essential for making informed financial decisions, whether for personal remittances, import/export activities, or investment strategies. Our detailed report covers the most current rates from 26 banks operating within Egypt, highlighting the best available prices for buying and selling the US dollar.

Today's market analysis reveals notable trends in the bank dollar rates Egypt, with slight variations observed among different financial institutions. The Industrial Development Bank (IDB) registered the highest buy rate, presenting a competitive option for those looking to convert their USD to EGP. Conversely, a consistent sell rate indicates a stable offering for those seeking to acquire US dollars from banks. These daily updates reflect the interplay of global economic factors, domestic monetary policy, and local market demand, all of which contribute to the evolving value of the Egyptian Pound against major foreign currencies like the US dollar. Amtalek is committed to delivering accurate and timely information to help you navigate these financial currents effectively.

USD Price in Egyptian Banks Today

The USD to EGP exchange rate exhibits variations across Egyptian banks, a common occurrence reflecting their individual liquidity positions, operational strategies, and market assessments. As of Wednesday, June 17, 2026, a total of 26 banks have published their updated exchange rates for the US dollar. These differences, while sometimes marginal, can be significant for large transactions, making it crucial for individuals and businesses to compare rates before conducting any foreign currency exchange. Our detailed table below provides a comprehensive breakdown of the buy and sell prices offered by each bank, enabling you to identify the most favorable rates available in the market today.

The competitive environment among banks often leads to slight discrepancies in their offerings. For instance, some banks might offer a higher buy rate to attract foreign currency deposits, while others might maintain a lower sell rate to cater to clients needing to purchase USD. This dynamic creates opportunities for consumers to optimize their transactions by selecting the bank that best meets their specific needs. Understanding these nuances is key to maximizing the value of your currency exchanges in Egypt. Below is the updated table detailing the bank dollar rates Egypt for today.

Bank	Buy	Sell
Industrial Development Bank (IDB)	50.20	50.30
Abu Dhabi Islamic Bank (ADIB)	50.18	50.28
National Bank of Kuwait (NBK)	50.18	50.28
Suez Canal Bank (SCB)	50.18	50.28
Al Ahli Bank of Kuwait (ABK)	50.18	50.28
Bank of Alexandria (ALEXBANK)	50.17	50.27
National Bank of Egypt (NBE)	50.17	50.27
Arab International Bank (AIB)	50.17	50.27
Bank NXT	50.17	50.27
Banque Misr (BM)	50.17	50.27
EG Bank	50.17	50.27
MID Bank	50.17	50.27
The United Bank (UB)	50.17	50.27
HSBC Egypt	50.17	50.27
Egyptian Arab Land Bank (EALB)	50.17	50.27
Arab African International Bank (AAIB)	50.17	50.27
Credit Agricole (CA)	50.16	50.26
Housing and Development Bank (HDB)	50.16	50.26
Abu Dhabi Commercial Bank (ADCB)	50.15	50.25
Al Baraka Bank	50.15	50.25
KFH Egypt	50.15	50.25
First Abu Dhabi Bank (FABMISR)	50.14	50.24
Faisal Islamic Bank	50.10	50.20
SAIB	50.10	50.20
Commercial International Bank (CIB)	50.10	50.20
Emirates NBD	50.07	50.17

Highest and Lowest Dollar Prices Today

Analyzing the dollar price in Egypt today, Wednesday, June 17, 2026, reveals distinct high and low points across the banking sector. For those looking to sell US dollars, the most favorable rate can be found at the Industrial Development Bank (IDB), which is offering the highest buy price of 50.20 EGP per USD. This makes IDB the top choice for individuals and entities seeking to maximize their returns when converting US dollars into Egyptian Pounds.

On the other side of the spectrum, for customers looking to purchase US dollars from banks, the lowest sell price observed across the market today is 50.30 EGP. This rate represents the most competitive offering for acquiring USD. While specific banks might have slight variations, this figure indicates the general lowest SELL trend based on the provided data, ensuring customers can identify the most economical option when buying foreign currency. These highest buy and lowest sell rates are crucial benchmarks for understanding the current state of the USD to EGP exchange rate and making well-informed financial decisions.

Average Dollar Price in Egypt

Beyond the individual bank rates, it's beneficial to consider the overall market averages to gauge the general trend of the USD to EGP exchange rate in Egypt. For Wednesday, June 17, 2026, the average buy price for the US dollar across the 26 banks surveyed stands at 50.16 EGP. This average provides a balanced perspective, smoothing out the minor fluctuations between different financial institutions and offering a reliable benchmark for the value of the dollar if you are selling it to a bank.

Correspondingly, the average sell price for the US dollar in the Egyptian banking sector today is 50.26 EGP. This figure represents the typical cost for customers purchasing USD from banks. These average rates are vital for market analysis, helping both individuals and businesses understand the prevailing market conditions for the dollar price in Egypt today. They offer a stable reference point against which individual bank offerings can be compared, ensuring a comprehensive understanding of the current bank dollar rates Egypt.

Factors Affecting the Dollar Price in Egypt

The dollar price in Egypt today, and indeed on any given day, is influenced by a complex interplay of various economic factors, both domestic and international. Understanding these drivers is crucial for comprehending the dynamics of the USD to EGP exchange rate. Several key elements consistently shape the value of the Egyptian Pound against the US dollar:

• Inflation: High inflation rates in Egypt relative to the United States can exert downward pressure on the Egyptian Pound. When the purchasing power of the EGP erodes domestically, it generally weakens against stronger currencies like the USD. The Central Bank of Egypt (CBE) closely monitors inflation and implements monetary policies aimed at price stability, which in turn impacts the exchange rate.
• Central Bank Policy: The monetary policies enacted by the Central Bank of Egypt play a pivotal role. Decisions regarding interest rates, foreign exchange interventions, and reserve requirements directly affect the availability and cost of foreign currency. For instance, raising interest rates can make EGP-denominated assets more attractive, potentially strengthening the EGP, while interventions in the foreign exchange market can stabilize or influence the USD to EGP exchange rate.
• Foreign Currency Demand: The demand for foreign currency within Egypt is a significant factor. Increased demand for USD, often driven by importers needing to pay for goods, or investors seeking to repatriate profits, can push the dollar's value higher against the EGP. Conversely, lower demand, perhaps due to reduced imports or increased foreign direct investment inflows, can help stabilize or even strengthen the local currency.
• 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 more foreign currency is leaving the country than entering, increasing demand for USD and potentially weakening the EGP. A trade surplus, while less common for Egypt, would have the opposite effect.
• Tourism & Remittances: These two sectors are vital sources of foreign currency for Egypt. A robust tourism season brings in significant foreign exchange, increasing the supply of USD and other currencies. Similarly, remittances from Egyptians working abroad provide a steady inflow of foreign currency. Any fluctuations in these sectors can directly affect the supply of foreign currency in the market, thereby influencing the bank dollar rates Egypt and the overall dollar price in Egypt today. Geopolitical events, global economic conditions, and domestic stability can all impact these crucial inflows.

These factors are constantly interacting, creating a dynamic environment for the exchange rate. Monitoring these indicators provides a deeper understanding of the market movements and potential future trends for the USD to EGP exchange rate.

USD Forecast in Egypt

Forecasting the future movement of the USD to EGP exchange rate is a complex task, as it depends on a multitude of evolving economic and geopolitical factors. However, based on current market trends and the prevailing economic conditions, a short-term outlook can be considered.

For the immediate future, the dollar price in Egypt today, Wednesday, June 17, 2026, reflects a period of relative stability within the banking sector. The Central Bank of Egypt's ongoing efforts to manage inflation, maintain foreign currency reserves, and attract foreign investment are key pillars supporting the exchange rate. While minor fluctuations are always possible due to daily market dynamics and global economic shifts, significant abrupt changes are not immediately anticipated given the current policy framework.

The government's continued focus on structural reforms, attracting foreign direct investment, and boosting key foreign currency earners like tourism and exports will be crucial for the long-term stability of the Egyptian Pound against the US dollar. As these initiatives progress, they aim to enhance the supply of foreign currency within the economy, which in turn helps to stabilize the bank dollar rates Egypt. Investors and individuals should continue to monitor official announcements, economic data releases, and global market trends for the most up-to-date insights into the USD to EGP exchange rate.