The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
USD to EGP Market Data
US dollar (USD) to Egyptian pound (EGP) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the USD to EGP Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Egyptian pound is to review how the USD/EGP rate has changed over time.
The table below shows the percentage change in the USD to EGP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
USD/EGP trading near 14-day highs at ~49.78, despite USD hitting 3yr-low vs major currencies. Analysts cite Fed rate cut expectations & weak US data. Market experts predict upcoming consumer sentiment data could boost $USD if positive #forex #USDEGP
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Egyptian pound across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to EGP?
The best USD to EGP exchange rate is 49.42 from Wise. This is -0.64% compared to the mid-market rate 49.74.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Egyptian pound (EGP) rates from different sources before making a conversion.
The above
Dollar to Egyptian pound comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-EGP mid-rate and the possible savings of using various providers.
How do USD-EGP rates compare between providers?
Looking at the
full comparison table
the best USD to EGP exchange rate is 49.42 from Wise, -0.64% from the mid-market rate 49.74. The next best rate is 49.14312 from , -1.2% from the mid-rate. Then Western Union with 48.95 is -1.6% from the mid-rate.
Among the banks the Chase Bank rate is 46.41 at -6.7% the Wells Fargo Bank rate is 46.11 at -7.3% and the Citibank rate is 48.4 at -2.7% compared to the mid-rate 49.74.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.