Dollar vs Egyptian Pound: Today’s Exchange Rate Revealed – September 10, 2024
Dollar Hits New Low Against Egyptian Pound
The dollar has reached a new low against the Egyptian pound during today’s trading session, Tuesday, September 10, 2024, at banks and ATMs.
Yesterday, Monday, the Central Bank of Egypt announced a significant increase in remittances from Egyptians in July, with an 86.8 percent rise compared to the same month last year, which recorded $3 billion.
Dollar Price Against Egyptian Pound
We will review the current value of the dollar against the Egyptian pound, as published by the latest updates on the official websites of public and private banks.
According to data from the Central Bank of Egypt, the average price of the dollar in Egypt at the time of writing today, Tuesday, was around 48.28 pounds per dollar for purchases, compared to 48.42 pounds per dollar for sales.
Dollar Price Against Pound in Egyptian Banks
The exchange rate of the dollar against the pound has fallen slightly at most Egyptian banks.
Dollar Price at the National Bank of Egypt
The National Bank of Egypt has pegged the dollar at around 48.32 pounds for buying and 48.42 pounds for selling.
Dollar Rates Against the Pound at Banks in Egypt
- Banque Egypt: 48.32 pounds for buying and 48.42 pounds for selling
- International Commercial Bank (CIB): 48.3 pounds for buying and 48.4 pounds for selling
- Bank of Alexandria: 48.3 pounds per dollar for buying, compared to 48.4 pounds per dollar for selling
- Abu Dhabi Islamic Bank: 48.37 pounds for buying and 48.47 pounds for selling (highest dollar price among Egyptian banks)
Current Dollar Rates in Egyptian Banks
Below is a summary of the current dollar rates in Egyptian banks:
| Bank | Buying Price (EGP) | Selling Price (EGP) |
|---|---|---|
| National Bank of Egypt | 48.32 | 48.42 |
| Banque Egypt | 48.32 | 48.42 |
| International Commercial Bank (CIB) | 48.3 | 48.4 |
| Bank of Alexandria | 48.3 | 48.4 |
| Abu Dhabi Islamic Bank | 48.37 | 48.47 |