Egyptian Pound Holds Steady Against US Dollar and Gulf Currencies as Annual Inflation Cools to 14.5%
The Egyptian pound (EGP) maintained relative stability against the US dollar and major Arab currencies across public and private banks on Monday, September 14, 2026. The exchange rate holds significant domestic relevance as a primary determinant of domestic commodity pricing and consumer goods in an import-reliant market.
Macroeconomic support was reinforced by recent data from the Central Agency for Public Mobilization and Statistics (CAPMAS), which revealed that annual urban consumer inflation decelerated to 14.5% in August 2026, down from 14.9% in July.
US Dollar Exchange Rates Across Major Egyptian Banks
According to the latest rates published by the Central Bank of Egypt (CBE) and leading domestic commercial institutions:
Financial InstitutionBuy Rate (EGP)Sell Rate (EGP)
Central Bank of Egypt (CBE)51.3251.42
National Bank of Egypt (NBE)51.3251.42
Banque Misr51.3251.42
Commercial International Bank (CIB)51.3251.21
Bank of Alexandria51.3051.40
Abu Dhabi Islamic Bank (ADIB)51.3451.44
Key Arab Currencies Performance
Regional Gulf currencies also reflected narrow trading bands against the pound:
Saudi Riyal (SAR):
National Bank of Egypt: EGP 13.63 (Buy) | EGP 13.69 (Sell)
ADIB Egypt: EGP 13.67 (Buy) | EGP 13.70 (Sell)
UAE Dirham (AED):
National Bank of Egypt: EGP 13.96 (Buy) | EGP 14.00 (Sell)
ADIB Egypt: EGP 13.98 (Buy) | EGP 14.01 (Sell)
Market Context
The exchange rate consistency across both public and private institutions signals sustained equilibrium in local foreign currency liquidity. Coupled with the easing pace of headline inflation in urban centers, the current foreign exchange stability continues to anchor market expectations regarding near-term import costs and consumer price trends.














