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The price of the dollar today is the National Bank

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Dollar to EGP Exchange Rate Today: March 7, 2025 | Live Updates

by Priya Shah – Business Editor July 3, 2025
written by Priya Shah – Business Editor

Egyptian Pound vs. the Dollar: Latest exchange Rates in Egyptian Banks

Table of Contents

  • Egyptian Pound vs. the Dollar: Latest exchange Rates in Egyptian Banks
    • Current Exchange Rates in Key Egyptian Banks
    • Detailed Bank Exchange Rates
    • Factors Influencing the EGP/USD Exchange Rate
    • Understanding the Dollar’s Global Role
    • frequently Asked questions About Currency Exchange

Cairo, Egypt – As of today, Thursday, July 3, 2025, the exchange rate between the Egyptian pound (EGP) and the US dollar (USD) remains a key economic indicator. Here’s a look at the latest rates across several major Egyptian banks.

Current Exchange Rates in Key Egyptian Banks

The price of the dollar has seen slight variations across different banks. These rates reflect trading activity following the June 30 Revolution anniversary.

  • Al-Ahly Bank: 49.31 EGP for purchase, 49.41 EGP for sale.
  • Banque Misr: 49.31 EGP for purchase, 49.41 EGP for sale.
  • Banque du Caire: 49.31 EGP for purchase, 49.41 EGP for sale.
  • Commercial International Bank (CIB): 49.31 EGP for purchase,49.41 EGP for sale.
  • National Bank of Egypt: 49.31 EGP for purchase, 49.41 EGP for sale.

Did You Know? The symbol “$” is frequently enough used as a shorthand for USD [[2]].

Detailed Bank Exchange Rates

Bank Buying Rate (EGP) Selling Rate (EGP)
National Bank of Egypt 49.31 49.41
Banque Misr 49.31 49.41
Bank of Alexandria 49.31 49.41
Commercial International Bank (CIB) 49.31 49.41
Cairo Bank 49.31 49.41

Pro Tip: Exchange rates can fluctuate throughout the day, so it’s wise to monitor them if you’re planning a transaction.

Factors Influencing the EGP/USD Exchange Rate

The exchange rate between the Egyptian pound and the US dollar is influenced by a variety of economic factors. These include Egypt’s economic growth, inflation rates, and monetary policies set by the Central Bank of Egypt. Global events and the strength of the US dollar also play a significant role.

Understanding the Dollar’s Global Role

The term “dollar” has historical roots tracing back to the widespread use of Spanish silver coins [[3]]. Today, the U.S. dollar remains a dominant currency in international trade and finance, influencing economies worldwide.

frequently Asked questions About Currency Exchange

How do these exchange rates affect you? What are your predictions for the EGP/USD in the coming months? Share your thoughts in the comments below!

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July 3, 2025 0 comments
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Business

Dollar Price Today in Egypt: June 23, 2025 – EGP Exchange Rate

by Priya Shah – Business Editor June 23, 2025
written by Priya Shah – Business Editor

Dollar Rises Against Egyptian Pound: June 23, 2025 Update

Cairo, egypt – The US dollar experienced an increase against the Egyptian pound today, Monday, June 23, 2025, according to reports from Egyptian banks .

The Central Bank of Egypt set the dollar rate at 50.62 Egyptian pounds for purchase and 50.75 pounds for sale. Several commercial banks mirrored similar rates:

Al-Ahly bank: 50.63 pounds for purchase, 50.76 pounds for sale.
Banque Misr: 50.63 pounds for purchase, 50.73 pounds for sale.
Bank Cairo: 50.63 pounds for purchase,50.73 pounds for sale.
Commercial International Bank (CIB): 50.63 pounds for purchase, 50.73 pounds for sale.

SEO Keywords: Dollar to Egyptian Pound, USD to EGP, Exchange rate, Egypt Economy, Currency Exchange, June 23 2025, Egyptian Banks, Forex Rates.

Call to Action: Stay informed on currency fluctuations with world-today-news.com – your source for real-time financial updates!

June 23, 2025 0 comments
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Business

Euro to EGP Exchange Rate Today: June 18, 2025 – Live Updates

by Priya Shah – Business Editor June 18, 2025
written by Priya Shah – Business Editor

Euro to Egyptian Pound Exchange Rate: Real-Time Updates on June 18, 2025

Table of Contents

  • Euro to Egyptian Pound Exchange Rate: Real-Time Updates on June 18, 2025
    • Current Euro Exchange Rates in Major Egyptian Banks
    • Factors Influencing the EUR/EGP Exchange Rate
      • Impact of Inflation
      • Tourism and Foreign Investment
    • Historical Trends and Future Outlook
    • EUR/EGP exchange Rates Across Banks (June 18, 2025)
    • Understanding the Euro and Egyptian Pound
      • Historical context
    • Frequently Asked Questions
      • How frequently enough do Euro to Egyptian Pound exchange rates change?
      • What are the best times to exchange Euros to Egyptian Pounds?

Cairo – The Euro to Egyptian Pound (EUR/EGP) exchange rate remains a key focal point for Egyptian citizens,businesses,and investors on Wednesday,June 18,2025. Currency values are in constant flux, influenced by a complex interplay of economic indicators and market dynamics. Recent data reveals slight variations in the euro’s value across different Egyptian banks,underscoring the importance of monitoring rates from multiple sources.

Current Euro Exchange Rates in Major Egyptian Banks

As of today, June 18, 2025, the Euro’s exchange rate against the Egyptian Pound varies across different financial institutions. Here’s a snapshot of the rates observed in several prominent banks:

  • National Bank of egypt: Purchase price at 57.83 EGP, selling price at 58.11 EGP.
  • Banque Misr: Purchase price at 57.83 EGP, selling price at 58.11 EGP.
  • Commercial International Bank (CIB): Purchase price at 57.83 EGP, selling price at 58.10 EGP.
  • Credit Agricole Bank: Purchase price at 57.81 EGP, selling price at 58.00 EGP.
  • Central Bank of Egypt: Purchase price at 57.93 EGP,selling price at 58.00 EGP.
  • Abu Dhabi Islamic Bank: Purchase price at 58.00 EGP, selling price at 58.23 EGP.
  • EG Bank: Purchase price at 57.82 EGP, selling price at 58.10 EGP.
  • Bank of Alexandria: Purchase price at 57.79 EGP,selling price at 58.00 EGP.
  • National Bank of Kuwait (NBK): Purchase price at 57.81 EGP, selling price at 58.81 EGP.
  • United Bank: Purchase price at 57.56 EGP, selling price at 58.27 EGP.

Did You Know? The mid-market rate for EUR to EGP conversion as of 15:00 PM UTC today is E£57.43 [1].

Factors Influencing the EUR/EGP Exchange Rate

The Euro to Egyptian Pound exchange rate is influenced by a multitude of factors, including Egypt’s economic performance, monetary policies set by the Central Bank of Egypt, and global economic trends. Fluctuations in these factors can lead to variations in the exchange rate, impacting import costs, investment decisions, and the overall economic landscape.

Impact of Inflation

Egypt’s inflation rate plays a critically important role in the exchange rate. Higher inflation can devalue the Egyptian Pound,potentially leading to a higher EUR/EGP exchange rate. the central Bank of Egypt closely monitors inflation and adjusts monetary policy to maintain price stability [2].

Tourism and Foreign Investment

Tourism and foreign direct investment (FDI) are vital sources of foreign currency for Egypt. A decrease in tourism or FDI can reduce the supply of Euros in the Egyptian market, potentially leading to a higher exchange rate. Conversely, an increase in these sectors can strengthen the egyptian Pound.

Historical Trends and Future Outlook

Analyzing historical trends in the EUR/EGP exchange rate provides valuable insights for investors and businesses. While past performance is not indicative of future results, understanding historical fluctuations can definately help in making informed decisions. Financial analysts recommend staying updated with the latest economic news and consulting with financial advisors for personalized guidance.

Pro Tip: Regularly compare exchange rates from different banks and exchange services to secure the most favorable terms when converting Euros to Egyptian Pounds or vice versa.

EUR/EGP exchange Rates Across Banks (June 18, 2025)

Bank Name Purchase Price (EGP) selling price (EGP)
National Bank of Egypt 57.83 58.11
Banque Misr 57.83 58.11
Commercial International Bank (CIB) 57.83 58.10
Credit Agricole Bank 57.81 58.00
Central Bank of Egypt 57.93 58.00
Abu Dhabi Islamic Bank 58.00 58.23
EG Bank 57.82 58.10
Bank of Alexandria 57.79 58.00
national Bank of Kuwait (NBK) 57.81 58.81
United Bank 57.56 58.27

Understanding the Euro and Egyptian Pound

The Euro (EUR) is the official currency of the Eurozone, representing a significant economic bloc within Europe.The Egyptian Pound (EGP) is the currency of Egypt, reflecting the country’s economic health and stability. The exchange rate between these two currencies is crucial for international trade, tourism, and investment between Egypt and the Eurozone.

Historical context

The Egyptian Pound has a long history, dating back to the 19th century. over the years, it has experienced various economic reforms and fluctuations. The Euro, introduced in 1999, has become a major global currency, impacting economies worldwide. The relationship between the EUR and EGP is influenced by global economic events and policies.

Frequently Asked Questions

How frequently enough do Euro to Egyptian Pound exchange rates change?

Euro to Egyptian Pound exchange rates can change multiple times during a single day, influenced by market activity and economic news. Monitoring rates regularly is essential for making informed decisions.

What are the best times to exchange Euros to Egyptian Pounds?

The best time to exchange Euros to Egyptian Pounds depends on market conditions and individual bank rates. Comparing rates at different times of the day and across various banks can definitely help you find the most favorable exchange rate.

Do you have any experiences exchanging euros for Egyptian Pounds? What factors do you consider when making the exchange? Share your thoughts and questions in the comments below!

June 18, 2025 0 comments
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