Understanding the USD to EGP Exchange Rate

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The exchange rate between the US Dollar (USD) and the Egyptian Pound (EGP) is subject to constant fluctuations due to market conditions. It's essential to stay informed about the latest rates when converting currency or sending money to Egypt.

Want to convert US Dollars to Egyptian Pounds? Send money to Egypt or spend in the local currency while you're abroad, with great exchange rates and low fees. We'll take care of the conversion for you.

Current Exchange Rates

Here's a quick look at some indicative exchange rates for converting USD to EGP:

  • 1 USD: 46.89 EGP
  • 10 USD: 468.92 EGP
  • 100 USD: 4,689.24 EGP
  • 1,000 USD: 46,924.95 EGP

And for converting EGP to USD:

  • 1 EGP: 0.02 USD
  • 10 EGP: 0.20 USD
  • 100 EGP: 2.09 USD
  • 1,000 EGP: 20.98 USD

Note: These rates are indicative and may vary based on the provider and time of the transaction.

Read also: Dollar Price in Egypt

How to send money from the United States to Egypt on Remitly?

Factors Affecting the Exchange Rate

Although we update our data continuously, exchange rates are always changing due to market fluctuations. Check the current rate in-app before you convert or send.

Exchange rates are influenced by various factors, including:

  • Economic performance of both countries
  • Interest rates
  • Geopolitical events
  • Market sentiment

Transferring Money to Egypt

Several services facilitate money transfers from the US to Egypt. Here are a couple of popular options:

Revolut

Revolut offers competitive exchange rates and low fees for converting USD to EGP. With Revolut, you can:

  • Convert currencies with no additional exchange fees on weekdays (within plan limits).
  • Use a travel money card for ATM withdrawals and payments abroad.
  • Create virtual cards for secure online payments.

Revolut is trusted by 65+ million global customers for all things money, we offer a wide range of security features to help protect your money 24/7.

Read also: Exchange Rate: 300 USD to NGN

Whether you're sending money abroad or spending while you travel, we've got you covered. With 140+ supported countries and counting, we're aiming to reach every border. Join us and change the way you money.

Western Union

Western Union allows you to send money to Egypt online, via their app, or in person at an agent location. Their services include:

  • Money transfers to 200+ countries and territories.
  • Options to pay with a bank account, credit/debit card, or cash in-store.
  • Real-time tracking of your money transfer.

Our encryption and fraud prevention efforts help protect your Western Union® money transfers.

How to Transfer Money via Revolut

Here’s a step-by-step guide to transferring USD to EGP using Revolut:

  1. Start your money transfer: Go to "Payments" in-app. Then choose your transfer method and the recipient's country.
  2. Check out our rates and fees: Select "USD" as your starting currency and "EGP" as your recipient's currency. Then enter your transfer amount to see our rates and fees in-app.
  3. Send your money: Choose a recipient from your contact list or enter a new recipient's details. Then tap "Send" and you're all set.

Exchange Rate Statistics

Here's a summary of USD to EGP exchange rate statistics over the last 7, 30, and 90 days:

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Statistic Last 7 Days Last 30 Days Last 90 Days
High 47.369 47.710 48.639
Low 47.000 47.000 47.000
Average 47.235 47.471 48.013
Volatility 0.31% 0.20% 0.21%

Disclaimer: Exchange rates are estimates and subject to change based on various factors.

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tags: #Egypt