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US Dollar to Egyptian Pound Exchange Rate

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How can I get the best exchange rate between US dollar and the Egyptian pound?

The Egyptian pound trades freely with other major currencies, meaning the rate fluctuates from day to day and hour to hour.

It’s always a good idea to check the real mid-market rate of a currency before you choose a money changing service. You can find the mid-market rate here on finder.com and once you know this rate, you can compare the different service providers. These service providers almost always operate with a buy rate and a sell rate, so you want to make sure both of those rates are as close to the mid-market rate as possible.

If you are sending money to friends or family in Egypt, online money transfer services often offers the best exchange rates. International bank transfers are also safe and reliable, but most of the time they don’t give you the best exchange rate. Lastly, if your friends or family in Egypt requires cash pickup, services like Western Union may be your best choice.

If you are travelling to Egypt, bringing an international debit card and withdrawing cash once in Egypt may give you the best rate. Fees on overseas card use and ATM withdrawals vary by card and bank though, so be sure to check the terms with your own bank first.

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.

-Currency:
+US Dollar
 Currency Symbol:
-Sub unit:
+cents
-Bank notes:
+$1, $5, $10, $20, $50, $100
-Coins:
+c, 5c, 10c, 25c, 50c

Egyptian Pound

The Egyptian pound is the official currency of Egypt. It replaced the Egyptian piastre in 1836, which had been used since the Ottoman Empire. In the early 1930s, the Egyptian pound was the first currency to employ a watermark to thwart possible counterfeiting.

-Currency:
+Egyptian Pound
-Currency Symbol:
+E£ , ج.م
-Sub unit:
+piastre, millime
-Bank notes:
+pt, 50pt, £1, £5, £10, £20, £50, £100, £200
-Coins:
+pt, 50pt, £1

What affects exchange rates between the US dollar and the Egyptian pound?

Since the Egyptian pound is now a free floating currency, the exchange rate is subject to the forces of supply and demand. Higher demand for Egyptian pounds means the exchange rate to other currencies will be higher. Similarly, lower demand for the Egyptian pound means you can buy your pounds for less dollars.

Egypt has experienced a long period of time with political and economic uncertainty, which adds pressure on the exchange rate. Political turmoil in Egypt means that you can get more pounds for your dollars, which is a good thing if you are traveling or sending money to Egypt. However, for anyone living in Egypt it may not be so good since their buying power overseas is reduced.

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Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
USD 1,000	1 day	USD 0.00	15.818	EGP 79,091	No-maximum limit transfers with competitive exchange rates for 100+ currencies.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, AZN, BGN, BND, CAD, CHF, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HUF, IDR, ILS, INR, JPY, KRW, KWD, LKR, MAD, MGA, MXN, MYR, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, RUB, SAR, SBD, SCR, SEK, SGD, THB, TOP, TRY, TWD, TZS, USD, VEF, VND, VUV, WST, XOF, XPF, ZAR Go to site Read the full review
GBP 1,000	1 - 2 days	USD 0.00	15.818	EGP 79,091	Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000). For larger transfers, get no transaction fees and no maximum send limits.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 1,000.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat Available currencies AED, AFN, ALL, AMD, ARS, AUD, AZN, BDT, BGN, BHD, BIF, BMD, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CZK, DJF, DKK, DOP, DZD, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, JPY, KES, KRW, KWD, KZT, LBP, LKR, LSL, MAD, MDL, MGA, MKD, MUR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SEK, SGD, SLL, THB, TND, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VND, WST, XAF, XCD, XOF, XPF, ZAR, ZMW Go to site Read the full review
USD 1	Same day	N/A	N/A	N/A	Offering no maximum and no minimum limit transfers with $0 fees.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AMD, AUD, BAM, BBD, BDT, BGN, BHD, BND, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EUR, FJD, GBP, GEL, GTQ, HKD, HNL, HRK, HUF, IDR, ILS, JMD, JOD, JPY, KES, KRW, KWD, KZT, LKR, LSL, MAD, MKD, MUR, MWK, MXN, MYR, NAD, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SZL, THB, TND, TOP, TRY, TTD, TWD, TZS, UGX, USD, VUV, WST, XCD, XPF, ZAR Go to site Read the full review
USD 2,000	1 day	USD 0.00	15.818	EGP 79,091	$0 transfer fees with rates at never more than a 2% markup.	Go to site	Compare	Show details	Details Minimum transfer amount USD 2,000.00 Transfer methods Online, Phone Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email, Branch Available currencies AED, AUD, CAD, CHF, DKK, EGP, EUR, GBP, HKD, ILS, JPY, NOK, NZD, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
USD 0	1 - 2 days	USD 1.99	15.658	EGP 78,261	Special offers like free transfers and better exchange rates available for new customers. Quick, affordable transfers around the world with both express and economy options.	Go to site	Compare	Show details	Details Minimum transfer amount USD 0.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options N/A Customer service Phone, Chat, Email Available currencies ARS, BDT, BGN, BOB, BRL, CLP, CNY, COP, CRC, CZK, DOP, EGP, ETB, EUR, GHS, GTQ, GYD, HNL, HRK, HTG, HUF, IDR, INR, JMD, KES, KMF, KRW, LKR, MAD, MXN, MYR, NGN, NIO, NPR, PEN, PHP, PKR, PLN, PYG, RON, RWF, THB, TND, TRY, TZS, UGX, USD, UYU, VND, XAF, XOF, ZAR Go to site Read the full review
USD 1	1 - 2 days	USD 80.00	15.978	EGP 78,612	Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1.00 Transfer methods Online Transfer options Regular payments, One off payments Customer service Phone, Chat, Email Available currencies AED, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CZK, DKK, EGP, EUR, GBP, GEL, GHS, HKD, HRK, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, PEN, PHP, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, TZS, UAH, UGX, USD, UYU, VND, XOF, ZAR, ZMW Go to site Read the full review
USD 1	Within an hour	USD 3.99	15.911	EGP 79,491	Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Email Available currencies AED, ALL, AMD, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PHP, PKR, PLN, PYG, RON, RUB, RWF, SCR, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TOP, TRY, TZS, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review

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How does the Egyptian pound trade against the US dollar historically?

Until 1914, the Egyptian pound was on a gold standard with one pound equal to 7.4 grams of gold. Later, the Egyptian pound became pegged to the British pound at a rate of 0.975 Egyptian pound to one British pound.

The peg with the British pound remained until 1962, when Egypt chose to instead peg its currency to the US dollar at a rate of one Egyptian pound to $2.55 USD. The US dollar peg remained in place until 1989, when the Egyptian pound was allowed to float, although only within a very narrow range, under a “managed float regime.”

In 2016, the Egyptian pound was finally allowed to float freely without any central bank intervention. All restrictions on foreign currency exchange were also lifted that year, resulting in a sharp drop in the exchange rate against both the US dollar and most other currencies.

US Dollar to the Egyptian Pound for the last 10 days

	Jul 04	Jul 05	Jul 06	Jul 07	Jul 08	Jul 09	Jul 10	Jul 11	Jul 12	Jul 13
1 USD =	16.1254 Inverse: 0.0620	16.1228 Inverse: 0.0620	16.0600 Inverse: 0.0623	16.0339 Inverse: 0.0624	16.0206 Inverse: 0.0624	15.9901 Inverse: 0.0625	15.9973 Inverse: 0.0625	15.9973 Inverse: 0.0625	15.9762 Inverse: 0.0626	15.9783 Inverse: 0.0626

US Dollar to the Egyptian Pound for the last 10 months

	Sep 2019	Oct 2019	Nov 2019	Dec 2019	Jan 2020	Feb 2020	Mar 2020	Apr 2020	May 2020	Jun 2020
1 USD =	16.3425 Inverse: 0.0612	16.2629 Inverse: 0.0615	16.1396 Inverse: 0.0620	16.1196 Inverse: 0.0620	15.9617 Inverse: 0.0626	15.7181 Inverse: 0.0636	15.7026 Inverse: 0.0637	15.7761 Inverse: 0.0634	15.7486 Inverse: 0.0635	16.1862 Inverse: 0.0618

US Dollar to the Egyptian Pound for the last 10 years

	Jul 2010	Jul 2011	Jul 2012	Jul 2013	Jul 2014	Jul 2015	Jul 2016	Jul 2017	Jul 2018	Jul 2019
1 USD =	5.6969 Inverse: 0.1755	5.9545 Inverse: 0.1679	6.0564 Inverse: 0.1651	6.9944 Inverse: 0.1430	7.1506 Inverse: 0.1398	7.8315 Inverse: 0.1277	8.8788 Inverse: 0.1126	17.9630 Inverse: 0.0557	17.8668 Inverse: 0.0560	16.5935 Inverse: 0.0603

Market rate for common transfer amounts USD to EGP

US Dollars (USD)	Egyptian Pound (EGP)
$1	0
$100	0
$500	0
$1000	0
$1500	0
$2500	0
$5000	0

Exchange rates from USD to other currencies

View all USD currency pair exchange rates

Adrienne Fuller

Adrienne Fuller is the head of publishing at Finder US. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.

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