Egyptian banks are displaying relative stability in exchange rates for major currencies as of Wednesday, February 18, 2026, though slight variations exist between institutions. The US dollar continues to be the most actively traded currency, while the Euro, Saudi Riyal, and other key currencies also saw consistent, albeit minor, fluctuations.
Dollar-Pound Exchange Rate
The US dollar is currently trading around 47 Egyptian pounds (EGP) for both buying and selling, with Banque Misr and the National Bank of Egypt listing rates of 47 EGP for buying, and 47.10 EGP for selling. Other banks show similar figures, with minor differences. The Central Bank of Egypt (CBE) does not appear to have published updated rates as of this reporting, but rates across commercial banks remain relatively aligned.
Euro Exchange Rate
The Euro is being exchanged at approximately 55.62 to 55.85 EGP, depending on the bank. Banque Misr quotes a buying price of 55.6198 EGP and a selling price of 55.8465 EGP. The National Bank of Egypt shows a slightly different rate, with a buying price of 54.772 EGP and a selling price of 55.0913 EGP as of January 11, 2026. This discrepancy highlights the importance of checking rates across multiple institutions.
Saudi Riyal Exchange Rate
The Saudi Riyal is trading at around 12.53 to 12.56 EGP. Banque Misr lists a buying price of 12.53 EGP and a selling price of 12.559 EGP. The Saudi Riyal remains a key currency for remittances and trade between Egypt and Saudi Arabia, making its exchange rate closely watched.
Other Key Currency Rates
Other currencies also exhibited stable, though varying, exchange rates. The Pound Sterling is trading around 63.72 to 63.93 EGP. The Swiss Franc is at approximately 60.91 to 61.17 EGP. The Japanese Yen is trading at 30.58 to 30.71 EGP. The Australian Dollar is being exchanged at around 33.20 to 33.30 EGP. These rates reflect the ongoing global currency dynamics and their impact on the Egyptian market.
Bank-Specific Rates
Several banks offer slightly different rates, emphasizing the need for consumers and businesses to compare before conducting transactions. Arab African International Bank, Alexbank, Commercial International Bank (CIB), Banque Du Caire, and Suez Canal Bank are among the institutions providing competitive rates. A comprehensive list of rates across multiple banks is available through BankLive, a financial information platform.
Market Context and Implications
The relative stability in exchange rates comes amid ongoing economic reforms in Egypt and efforts to attract foreign investment. The Central Bank of Egypt has been implementing policies to manage inflation and stabilize the currency. However, external factors, such as global economic conditions and geopolitical events, continue to influence the Egyptian pound’s value. The slight variations in rates between banks reflect individual risk assessments and market strategies.
For businesses engaged in international trade, monitoring these exchange rates is crucial for managing costs and maximizing profits. Consumers sending or receiving remittances are also affected by these fluctuations. The availability of real-time exchange rate information, as provided by BankLive and other financial platforms, empowers individuals and businesses to make informed decisions.
The continued monitoring of these rates by the Central Bank of Egypt and commercial banks is essential for maintaining financial stability and supporting economic growth. Further adjustments to monetary policy may be necessary to address evolving economic conditions and ensure the long-term health of the Egyptian economy.
As of February 18, 2026, the market appears to be in a state of cautious equilibrium, with exchange rates remaining relatively stable despite global economic uncertainties. The availability of transparent and up-to-date exchange rate information is vital for fostering confidence and facilitating economic activity.
