US dollar fluctuates, averages EGP 52.28/52.38 in midday trading – 18 March, 2026
The US dollar fluctuated against the Egyptian pound in midday trading on Wednesday, averaging around 52.28 pounds for buying and 52.38 pounds for selling across major banks as of 12:58 p.m. Cairo time (10:58 GMT).
Data from leading lenders showed the greenback trading within a narrow range of 52.23 to 52.43 pounds, reflecting broadly stable demand for foreign currency in the local market.
Exchange rates at several of Egypt’s top banks were as follows:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 52.33 | 52.43 |
| Banque Misr | 52.25 | 52.35 |
| Commercial International Bank (CIB) | 52.23 | 52.33 |
| QNB Alahli | 52.2700 | 52.3700 |
| Abu Dhabi Islamic Bank (ADIB) | 52.3400 | 52.4300 |
The Egyptian pound continues to trade within a relatively stable band against the dollar, following the central bank’s move to a more flexible exchange rate regime in March 2024.
Attribution: Amwal Al Ghad English