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EGP to EUR - Egyptian Pound to Euro Converter

Convert Egyptian Pound to Euro with daily ECB exchange rates

1 EGP = ~0.0179 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

This currency pair is highly volatile. Always check live rates before transactions.

This pair is highly volatile. Mental math is unreliable - always check live rates.

Rates can move 1-2% in a week. Use live converter for accuracy.

⚠️ Always verify before transactions📊 Monitor policy announcements🔔 Set rate alerts

Common EGP - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Key drivers include central bank policy, inflation differentials, trade balances, political stability, and global risk sentiment. These elements push demand and supply for each currency, shifting the pair over time.

Economic Context

Trading Relationship

Egypt and the Eurozone conduct substantial trade in goods and services, with EUR-based contracts common in imports of machinery, pharmaceuticals, and consumer goods. The EUR affects pricing and settlement terms for Egyptian entities engaging European partners.

Key Rate Factors

  • •Central Bank of Egypt policy
  • •Inflation differentials between Egypt and the Eurozone
  • •Egypt-EU trade balance and tariffs
  • •Political stability and regional risk sentiment
  • •Global liquidity conditions and market risk appetite

Central Banks

Central Bank of Egypt
Cairo, Egypt
Monetary policy control, bank regulation, and foreign exchange reserve management to maintain price stability.
European Central Bank
Frankfurt, Germany
Sets euro-area monetary policy and manages money supply to maintain price stability.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates