Dollar to Egyptian Pound exchange rate

Summary USD/EGP today

1 $ = E£ 51.908
1 E£ = $ 0.0193 +0%
Last updated: 2026/04/18 13:00

Convert between US Dollars and Egyptian Pounds

 $
=
1.2000
Flip currencies

Dollar to Egyptian Pound historical chart

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Time period:

1 year or Since 2019

US Dollar to Egyptian Pound historical comparison

1 $ =
Last 24 hours51.816 E£51.908 E£+0.18%
Last week53.013 E£51.908 E£-2.08%
Last month52.237 E£51.908 E£-0.63%
Last year51.127 E£51.908 E£+1.53%

Top 5 biggest currency moves against the US Dollar — last 7 days

Currency
Ukrainian Hryvnia (UAH)
43.382 ₴44.099 ₴+1.65%
Yemeni Rial (YER)
237.15 YR238.6 YR+0.61%
Turkish Lira (TRY)
44.665 ₺44.828 ₺+0.36%
Iraqi Dinar (IQD)
1,308 ID1,312.2 ID+0.32%
Indonesian Rupiah (IDR)
17,089 Rp17,140 Rp+0.3%
Australian Dollar (AUD)
1.416 A$1.3951 A$-1.48%
Norwegian Krone (NOK)
9.5249 kr9.3687 kr-1.64%
Egyptian Pound (EGP)
53.013 E£51.908 E£-2.08%
Israeli Shekel (ILS)
3.0342 ₪2.9598 ₪-2.45%
Hungarian Forint (HUF)
320.2 Ft307.31 Ft-4.03%
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About Egyptian Pound

Currency nameEgyptian Pound
Symbol
Also known asEGP, Egyptian Pound, £E1 = 100 piastres
ISO codeEGP
Banknotes£E1, £E5, £E10, £E20, £E50, £E100, £E200
Coins5, 10, 25, 50 piastres; £E1
Central bankCentral Bank of Egypt (CBE) - Website: www.cbe.org.eg
Countries1 country: Egypt (capital: Cairo, major cities: Cairo, Alexandria, Giza, Shubra El-Kheima)
Population103 mil.

History

The Egyptian pound (EGP) is one of the world's oldest and most historically significant currencies, with monetary roots stretching back to pharaonic Egypt. Ancient Egypt used gold, silver and copper — weighed rather than coined — as early as the 4th millennium BC. The word "pound" derives from the British monetary system introduced during colonial administration.

Egypt was under Ottoman rule from 1517 and British colonial influence from 1882. The Egyptian pound was introduced in 1834, replacing the piastre as the main unit, though piastres remained as subdivisions. Egypt joined the gold standard in 1885. After World War I, the pound was pegged to sterling. The 1952 revolution that brought Nasser to power nationalised the banking system, including the National Bank of Egypt, and the Central Bank of Egypt was established in 1961.

For much of the postwar era, Egypt maintained a fixed exchange rate. Tourism, Suez Canal revenues, remittances, and oil exports provided foreign exchange. However, the 2011 revolution that toppled Hosni Mubarak disrupted tourism and foreign investment, draining reserves. Egypt devalued the pound in 2016 and moved to a floating exchange rate as part of an IMF programme, causing a sharp initial decline. Further devaluations followed in 2022 and 2023 as global commodity prices surged following Russia's invasion of Ukraine.

The Central Bank of Egypt manages the pound. Egypt's economy — the most populous Arab nation with 105 million people — faces persistent challenges of inflation, unemployment, and external financing needs.

Sources:

"Egyptian pound", Wikipedia, https://en.wikipedia.org/wiki/Egyptian_pound

"Central Bank of Egypt", Wikipedia, https://en.wikipedia.org/wiki/Central_Bank_of_Egypt