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Dollar holds near 53.3 Egyptian pounds at midday trade – 20 May 2026

The US dollar traded at broadly stable levels against the Egyptian pound in early trading on Wednesday, according to data compiled by five major banks operating in Egypt.

As of 11:35 p.m. local time (08:35 GMT), the dollar averaged around 53.19 pounds for buying and 53.29 for selling.

Bank Buy (EGP/USD) Sell (EGP/USD)
National Bank of Egypt (NBE) 53.23 53.33
Banque Misr 53.22 53.32
Commercial International Bank (CIB) 53.18 53.28
QNB Alahli 53.2200 53.3200
Abu Dhabi Islamic Bank (ADIB) 53.0900 53.1900

The pound has traded within a relatively narrow range in recent weeks amid improving foreign-currency liquidity and continued monetary tightening by the central bank.

Attribution: Amwal Al Ghad English

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