The Egyptian pound touched a new record low of 32 against the US dollar in January, after Egypt and the IMF formally ratified the rescue loan of $3 billion to support its economic and structural reforms. The IMF deal included a requirement that Egypt implements “a permanent shift to a flexible exchange rate regime” instead of using foreign currency reserves to keep the exchange rate at a targeted level. At the same time, a major hard currency crisis in Egypt is causing a massive backlog across the country’s ports because local banks are unable to secure enough dollars to pay for them because of the shortage of foreign currency. The Egyptian economy has been hit hard by years of government austerity and the coronavirus pandemic, exacerbated by the fallout from the war in Ukraine. The war sent wheat prices spiraling, heavily impacting Egypt, one of the world’s largest grain importers, adding further pressure on prices.

Historically, the Egyptian Pound reached an all time high of 32.20 in January of 2023. Egyptian Pound - data, forecasts, historical chart - was last updated on January of 2023.

The Egyptian Pound is expected to trade at 30.80 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 34.03 in 12 months time.

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Egyptian Pound


Majors Price Day Year
EURUSD 1.0890 0.0005 0.05% -3.09%
GBPUSD 1.2320 -0.0008 -0.07% -8.48%
AUDUSD 0.7085 0.0038 0.54% -0.41%
NZDUSD 0.6478 -0.0024 -0.37% -2.71%
USDJPY 130.2200 0.0700 0.05% 13.60%
USDCNY 6.7832 0.0005 0.01% 7.03%
USDCHF 0.9225 -0.0001 -0.01% -0.15%
USDCAD 1.3368 -0.0002 -0.02% 5.57%
USDMXN 18.8057 0.0257 0.14% -9.22%
USDINR 81.5490 -0.0450 -0.06% 8.92%
USDBRL 5.1392 0 0% -5.40%
USDRUB 69.2255 -0.2200 -0.32% -11.82%
USDKRW 1,233.1300 0.5600 0.05% 3.02%
USDTRY 18.8087 -0.0143 -0.08% 38.75%
DXY 101.9314 0.0134 0.01% 5.75%
USDSEK 10.2046 -0.0014 -0.01% 9.69%
USDPLN 4.3262 0.0002 0% 6.07%
USDNOK 9.8603 -0.0019 -0.02% 10.41%
USDZAR 17.1775 -0.0134 -0.08% 12.04%
USDDKK 6.8305 -0.0015 -0.02% 3.18%
USDSGD 1.3197 0.0001 0.01% -2.07%
USDILS 3.3567 -0.0011 -0.03% 5.42%
USDHKD 7.8307 0.0010 0.01% 0.56%
USDCLP 801.2000 0 0% -0.15%
USDPKR 231.0000 0 0% 30.73%
USDCZK 21.9158 0.0138 0.06% 0.48%
USDHUF 357.4710 0.1710 0.05% 11.64%
Crosses Price Day Year
USDEGP 29.8895 0.0695 0.23% 90.14%
EUREGP 32.5320 0.1236 0.38% 83.15%
GBPEGP 36.8797 -0.0166 -0.05% 73.83%
AUDEGP 21.0098 0.0523 0.25% 87.90%
NZDEGP 19.4015 0.0632 0.33% 84.39%
EGPJPY 4.3572 -0.0244 -0.56% -39.84%
EGPCNY 0.2270 -0.0002 -0.08% -43.86%
EGPCHF 0.0309 -0.000001 -0.003% -47.07%
EGPCAD 0.0447 -0.0001 -0.17% -44.26%
EGPMXN 0.6311 0.0006 0.10% -51.85%
EGPINR 2.7301 -0.0022 -0.08% -42.70%
EGPBRL 0.1743 -0.0004 -0.22% -50.27%
EGPRUB 2.3003 -0.0126 -0.54% -54.15%
EGPKRW 41.2957 0.0493 0.12% -45.91%
EGPIDR 498.0410 -7.3246 -1.45% -45.56%
EGPARS 6.1824 0.0247 0.40% -7.28%
EGPCZK 0.7357 -0.0001 -0.02% -46.90%
EGPDKK 0.2293 -0.0001 -0.06% -45.37%
EGPHUF 12.2514 0.0663 0.54% -39.81%


Egyptian Pound
The USDEGP spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the EGP. While the USDEGP spot exchange rate is quoted and exchanged in the same day, the USDEGP forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
29.89 29.82 32.20 3.30 1992 - 2023 Daily