Dollar averages 53.16/53.26 against Egyptian pound in midday trade – 06 May 2026

The US dollar held steady against the Egyptian pound in midday trading on Thursday, reflecting continued stability in the local foreign exchange market, according to compiled banking data.

As of 12:19 p.m. local time (09:19 GMT), the dollar averaged 53.16 pounds for buying and 53.26 pounds for selling across five major banks. Buying rates ranged from 52.95 to 53.50 pounds, while selling rates were between 53.05 and 53.60 pounds.

Bank Buy (EGP/USD) Sell (EGP/USD)
National Bank of Egypt (NBE) 52.95 53.05
Banque Misr 53.16 53.26
Commercial International Bank (CIB) 53 53.1
QNB Alahli 53.1800 53.2800
Abu Dhabi Islamic Bank (ADIB) 53.5000 53.6000

The greenback has traded within a narrow range in recent sessions, indicating broadly balanced supply and demand in Egypt’s banking sector.

Attribution: Amwal Al Ghad English

 

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