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EGP to USD - Egyptian Pound to US Dollar Converter

Convert Egyptian Pound to US Dollar with daily ECB exchange rates

1 EGP = ~0.0213 USD (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 volatile. Mental math is unreliable—always check live rates.

Rates can move 5-10% in a week. Use a live converter for accuracy.

⚠️ Always verify before transactions📊 Monitor rate trends🔔 Set rate alerts

Common EGP - USD Conversions

Forex Market Hours

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

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

The rate is driven by policy decisions from the Central Bank of Egypt and the Federal Reserve, inflation gaps, trade flows, political stability, and global risk sentiment. These elements shift demand and supply for each currency.

Economic Context

Trading Relationship

The US and Egypt engage in substantial trade, with USD as the dominant reference for imports and international sales. The rate affects pricing decisions for Egyptian manufacturers and American buyers sourcing goods in USD.

Key Rate Factors

  • •Central Bank of Egypt policy shifts and liquidity conditions
  • •Inflation differentials between Egypt and the United States
  • •Trade balance and USD-denominated import costs
  • •Political stability and financial-market sentiment
  • •Global safe-haven demand for the US dollar

Central Banks

Central Bank of Egypt
Cairo, Egypt
Sets monetary policy for Egypt, controls inflation, and oversees the payment system.
Federal Reserve System
Washington, D.C., USA
The US central bank. Guides monetary policy to influence inflation and employment and maintains financial system 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