Dollar hovers near EGP 54.26 mark against Egyptian pound – 30 March, 2026

The US dollar held broadly steady against the Egyptian pound in midday trade on Monday, hovering around an average of 54.26 pounds for buying and 54.36 pounds for selling across major banks as of 13:01 Cairo time (11:01 GMT).

Data from leading lenders showed the greenback moving within a narrow range of 54.22 to 54.30 pounds for buying and 54.32 to 54.40 pounds for selling, signalling relatively stable demand for foreign currency in the local market.

Exchange rates at several of Egypt’s largest banks were as follows:

Bank Buy (EGP/USD) Sell (EGP/USD)
National Bank of Egypt (NBE) 54.22 54.32
Banque Misr 54.25 54.35
Commercial International Bank (CIB) 54.27 54.37
QNB Alahli 54.2400 54.3400
Abu Dhabi Islamic Bank (ADIB) 54.3000 54.4000

The Egyptian pound has traded within a relatively tight band in recent sessions, following the country’s transition to a more flexible exchange rate regime in March 2024.

Attribution: Amwal Al Ghad English

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