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USD USD EGP EGP Rate as of2026-05-17

USD to EGP Converter.

Current rate

1 USD = 48.5 EGP as of 2026-05-17. Egypt is the world's 5th largest remittance recipient (~$22 billion/year), primarily from Egyptian workers in Saudi Arabia, UAE, Kuwait, and the US. EGP has lost ~67% of its value against USD over 5 years due to multiple devaluations (2022, 2023, March 2024) tied to IMF program requirements. The March 2024 free float (after years of de facto pegs) was followed by IMF's $8B extended program and CBE rate hikes to 27%.

💱

USDEGP Converter

$
🇺🇸 $1.00 = 🇪🇬
EGP 48.50
Rate: 1 USD = 48.5000 EGP
Common conversions
🇺🇸 USD🇪🇬 EGP
$1.00EGP 48.50
$10.00EGP 485.00
$100.00EGP 4,850.00
$500.00EGP 24,250.00
$1,000.00EGP 48,500.00
$5,000.00EGP 242,500.00
$10,000.00EGP 485,000.00
$50,000.00EGP 2,425,000.00
$100,000.00EGP 4,850,000.00
✨ Mid-market rate · as of 2026-05-17 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

USD trend over time.

Today
48.5
1 USD = EGP
1 year ago
49.7
↓ 2.4% in 12 months
5 years ago
15.7
↑ 208.9% in 5 years
🔢 Quick reference

USD to EGP conversion table.

Common US Dollar amounts converted to Egyptian Pound at today's rate of 1 USD = 48.5 EGP. The reverse holds too: 1 EGP = 0.0206 USD.

USD → EGP
1 USD 48.5 EGP
5 USD 242.5 EGP
10 USD 485 EGP
25 USD 1,213 EGP
50 USD 2,425 EGP
100 USD 4,850 EGP
500 USD 24,250 EGP
1,000 USD 48,500 EGP
5,000 USD 242,500 EGP
10,000 USD 485,000 EGP
EGP → USD
1 EGP 0.0206 USD
5 EGP 0.1031 USD
10 EGP 0.2062 USD
25 EGP 0.5155 USD
50 EGP 1.03 USD
100 EGP 2.06 USD
500 EGP 10.31 USD
1,000 EGP 20.62 USD
5,000 EGP 103.09 USD
10,000 EGP 206.19 USD
💡 About this corridor

Why people convert USD to EGP.

The USD/EGP corridor is driven mostly by global reserve currency and remittances from US-based workers. On the Egyptian Pound side, demand comes from MENA remittances, tourism, and Suez trade. Because both sides see steady two-way flow, USD/EGP is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the US Dollar has moved down 2.4% against the Egyptian Pound, and over five years it has strengthened about 208.9% (from 15.7 to 48.5). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Egyptian Pound you receive by a meaningful margin.

Getting the best USD → EGP rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large USD transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-17 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

USD to EGP FAQ.

Sending USD to EGP from Saudi Arabia or UAE — best channel?
For amounts under $3,000: Western Union, Al Ansari Exchange, BFC Group, and Lulu Money dominate the GCC-Egypt corridor. Most deliver to Banque Misr, National Bank of Egypt (NBE), or CIB Egypt accounts within hours. For larger amounts: NBE Saudi branch (NBE has direct branch presence in Saudi Arabia and UAE) offers preferential remittance rates for established customers. App-based remittance has not yet penetrated the Egypt corridor as deeply as the India corridor.
Why has EGP weakened so much against USD?
Egypt ran a soft USD peg around 15.7 from 2020-2021, then was forced into multiple devaluations starting March 2022 (to 18.5), October 2022 (24.0), January 2023 (32.5), and March 2024 (50+) under IMF program conditionalities. The March 2024 float officially ended the multi-rate system and stabilized the rate around 47-50. CBE rate hikes to 27% have anchored the new equilibrium but reserves remain thin and the rate is sensitive to Suez/tourism/remittance flow shocks.
Egypt domiciliary USD account — am I eligible?
Yes — Egyptian banks (NBE, Banque Misr, CIB, QNB Al Ahli) offer USD savings accounts to Egyptian residents and non-residents with appropriate KYC. Useful for diaspora workers parking USD-denominated savings without conversion until needed. CBE generally permits free repatriation but with KYC documentation. Domestic transactions still require EGP. Most diaspora Egyptians maintain both USD and EGP accounts at the same bank.