EGP/USD

Market Open
9 Jun, 18:35
$
0. 019343
+0.000139
+0.7237%
$
513 Volume
$ 0.019204
Previous Close
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Day Range
0.019149 0.019372
Year Range
0.018047 0.021442
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EGPUSD Overview

EGPUSD denotes the exchange rate of the Egyptian pound (EGP) expressed in United States dollars (USD). It shows the value of one Egyptian pound in terms of US dollars and is used to price transactions that cross between the Egyptian and US currencies.

The Egyptian pound is the official currency of the Arab Republic of Egypt, serving as the nation’s legal tender for domestic commerce and finance. It is issued and regulated by the Central Bank of Egypt, which manages monetary policy, currency issuance, and foreign-exchange operations.

The United States dollar is the official currency of the United States and the primary global reserve currency, widely used in international trade and finance. The Federal Reserve System issues and oversees the dollar, setting interest rates and implementing monetary policy that influence global liquidity and capital flows.

Movements in EGPUSD are driven by supply and demand in FX markets and by macroeconomic factors such as interest rate differentials, inflation, trade balances and central bank policies. Geopolitical events, capital movements, remittance and tourism flows, and occasional market intervention by the Central Bank of Egypt or the Federal Reserve can also shift the rate.

For traders, businesses and investors, EGPUSD affects import and export costs, remittance values, and cross-border investment returns, making it relevant for hedging, risk management and speculative strategies tied to Egypt’s economic outlook.

EGPUSD Chart

EGPUSD FAQ

What is the current EGP/USD price?

The current rate is $0.019343, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the EGP/USD rate changed today?

The rate has changed by +0.000139 (+0.7237%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was $0.019204, which serves as a reference point for measuring daily performance.

What does the daily range indicate?

The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.

Why is EGP/USD moving up or down?

Movements in EGP/USD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.

How is the percentage change calculated?

The percentage change (+0.7237%) is based on the difference between the current rate and the previous closing rate.

Is EGP/USD trending up or down right now?

If the current rate ($0.019343) is above the previous close ($0.019204), it indicates upward movement. If below, it suggests a downward trend.

Where can I track live rates and charts?

You can monitor real-time rates, charts, and key market data for EGP/USD directly on this page.