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Dollar price in Egypt today Wednesday 24/06/2026

Financial currencies
June 24, 2026
Dollar price in Egypt today Wednesday 24/06/2026

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Dollar price in Egypt today Wednesday 24/06/2026

Dollar price in Egypt today Wednesday 24/06/2026

Financial currencies

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Dollar price in Egypt today Wednesday 24/06/2026

Stay informed with the latest updates on the dollar price in Egypt today, Wednesday, June 24, 2026. This comprehensive report, brought to you by Amtalek, provides an in-depth analysis of the USD to EGP exchange rate across various Egyptian banks. Understanding the daily fluctuations is crucial for individuals and businesses engaged in transactions involving foreign currency, offering clarity on the best rates available in the market for buying and selling the US dollar.

USD Price in Egyptian Banks Today

The exchange rates for the US dollar against the Egyptian pound exhibit slight variations across different banks, a common characteristic of Egypt's dynamic banking sector. These differences reflect individual bank policies, liquidity levels, and their specific market strategies. Today, a total of 26 banks are actively quoting prices for the US dollar, providing a competitive landscape for currency exchange. This section details the current bank dollar rates Egypt, allowing you to compare and identify the most favorable options whether you are looking to buy or sell dollars. Below is a comprehensive table outlining the buy and sell prices for the US dollar in Egyptian banks as of Wednesday, June 24, 2026.

Bank Buy Sell
Credit Agricole (CA) 49.70 49.80
Abu Dhabi Islamic Bank (ADIB) 49.69 49.79
Suez Canal Bank (SCB) 49.69 49.79
Al Ahli Bank of Kuwait (ABK) 49.69 49.79
SAIB 49.69 49.79
Faisal Islamic Bank 49.67 49.77
Bank NXT 49.67 49.77
KFH Egypt 49.67 49.77
Egyptian Arab Land Bank (EALB) 49.67 49.77
National Bank of Egypt (NBE) 49.67 49.77
Banque Misr (BM) 49.67 49.77
Bank of Alexandria (ALEXBANK) 49.67 49.77
EG Bank 49.67 49.77
Industrial Development Bank (IDB) 49.67 49.77
MID Bank 49.67 49.77
The United Bank (UB) 49.67 49.77
Arab African International Bank (AAIB) 49.67 49.77
Al Baraka Bank 49.65 49.75
Arab International Bank (AIB) 49.65 49.75
Housing and Development Bank (HDB) 49.65 49.75
National Bank of Kuwait (NBK) 49.65 49.75
HSBC Egypt 49.65 49.75
Commercial International Bank (CIB) 49.64 49.74
Abu Dhabi Commercial Bank (ADCB) 49.60 49.70
First Abu Dhabi Bank (FABMISR) 49.60 49.70
Emirates NBD 49.57 49.67

Highest and Lowest Dollar Prices Today

For those looking to exchange USD for EGP, securing the highest possible buy rate is paramount. Today, the most competitive rate for selling your dollars to a bank is offered by Credit Agricole (CA), which is buying the US dollar at 49.70 EGP. This represents the peak of the buy rates across the surveyed banks, making it the most attractive option for individuals and businesses converting their foreign currency into local currency.

Conversely, when purchasing US dollars, consumers aim for the lowest possible sell rate from banks. The highest rate at which banks are selling the dollar today is 49.80 EGP, also observed at Credit Agricole (CA). On the other hand, the lowest sell price available to customers is 49.67 EGP, offered by Emirates NBD. These figures highlight the varying spreads and competitive pricing strategies among financial institutions, providing a comprehensive overview of the bank dollar rates Egypt.

Average Dollar Price in Egypt

Understanding the average dollar price in Egypt provides a benchmark for the market's overall sentiment and stability. These average figures are derived from the rates offered by the 26 banks included in today's report, giving a balanced perspective on the USD to EGP exchange rate. As of Wednesday, June 24, 2026:

  • The average BUY price for the US dollar stands at 49.66 EGP. This average reflects the general rate at which banks are willing to purchase USD from customers.
  • The average SELL price for the US dollar is recorded at 49.76 EGP. This figure represents the typical rate at which banks are selling USD to customers.

These averages serve as useful indicators for tracking the broader movements and stability of the dollar price in Egypt today, helping to inform financial decisions.

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. These elements collectively shape the supply and demand dynamics for foreign currency, directly impacting the USD to EGP exchange rate. Understanding these factors is key to anticipating potential shifts in the market.

  • Inflation

    Inflation rates in Egypt significantly impact the purchasing power of the Egyptian Pound. When inflation is high, the EGP tends to depreciate against stronger currencies like the USD, as its value erodes domestically. This can increase the demand for dollars as a hedge against inflation, pushing the dollar price in Egypt upwards. Conversely, efforts to control inflation can help stabilize or even strengthen the EGP, influencing bank dollar rates Egypt.

  • Central Bank Policy

    The Central Bank of Egypt (CBE) plays a pivotal role in managing the country's monetary policy and foreign exchange market. Its decisions regarding interest rates, foreign exchange interventions, and reserve requirements directly affect the USD to EGP exchange rate. For instance, raising interest rates can make EGP-denominated assets more attractive, potentially drawing in foreign investment and increasing the supply of foreign currency. Conversely, interventions to inject dollars into the market can help stabilize the exchange rate during periods of high demand.

  • Foreign Currency Demand

    The demand for foreign currency, particularly the US dollar, is driven by several critical sectors. Egyptian businesses require dollars to finance imports of goods and raw materials, while the government needs foreign currency for debt servicing and strategic projects. Increased import bills or higher debt obligations can create significant demand for USD, putting upward pressure on the dollar price in Egypt. The overall health of the economy and its reliance on imports are crucial determinants here.

  • Trade Balance

    Egypt's trade balance, which is the difference between its exports and imports, is a major determinant of foreign currency flows. A trade deficit, where imports exceed exports, means that more foreign currency is leaving the country than entering, increasing the demand for dollars and potentially weakening the EGP. Conversely, a surplus, driven by strong export performance, would increase the supply of foreign currency, helping to stabilize or strengthen the EGP and influence the USD to EGP exchange rate positively.

  • Tourism & Remittances

    Tourism revenues and remittances from Egyptians working abroad are vital sources of foreign currency for the country. A robust tourism sector brings in significant amounts of dollars, euros, and other currencies, boosting the supply in the market. Similarly, steady remittances provide a consistent inflow of foreign exchange. Any fluctuations in these sectors, such as a decline in tourist arrivals or a decrease in remittances, can impact the availability of foreign currency, thereby affecting the bank dollar rates Egypt and the broader dollar price in Egypt today.

USD Forecast in Egypt

The outlook for the dollar price in Egypt today remains subject to a blend of ongoing global economic trends and specific domestic policies. While predicting exact future movements is inherently challenging, current indicators suggest a continued focus on market stability by the Central Bank of Egypt. The government's efforts to attract foreign direct investment and enhance local production are aimed at bolstering foreign currency reserves and reducing reliance on imports, which could contribute to a more stable USD to EGP exchange rate.

Analysts generally anticipate that the dollar price will continue to reflect the interplay between global economic conditions, such as interest rate decisions by major central banks, and Egypt's internal economic performance. The stability of bank dollar rates Egypt will also depend on the country's ability to maintain healthy tourism inflows and remittance volumes, alongside disciplined fiscal policies. While minor fluctuations are always possible in a dynamic market, the overall sentiment points towards a managed environment, where significant volatile swings are likely to be mitigated by regulatory oversight and strategic economic planning.

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