Egyptian Pound Ticks Down Slightly Against US Dollar as Egypt-Saudi Trade Reaches $7.1B in H1 2026
The Egyptian pound (EGP) saw a marginal decline against the US dollar across Egyptian public and private banks on Tuesday, September 15, 2026. The exchange rate remains closely watched across local commercial sectors due to its direct impact on domestic consumer goods and industrial import costs.
Concurrently, data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that bilateral trade between Egypt and Saudi Arabia expanded by 19.7% year-on-year, reaching $7.1 billion in the first half of 2026, up from $5.9 billion recorded during the same period in 2025.
US Dollar Exchange Rates Across Major Egyptian Banks
According to the latest daily updates from the Central Bank of Egypt and leading domestic commercial institutions:
Financial InstitutionBuy Rate (EGP)Sell Rate (EGP)
Central Bank of Egypt (CBE)51.8051.90
National Bank of Egypt (NBE)51.7951.89
Banque Misr51.7951.89
Commercial International Bank (CIB)51.7951.89
Bank of Alexandria51.7051.80
Bilateral Trade Milestone: Egypt and Saudi Arabia
The robust trade figures highlighted by CAPMAS reflect deepening economic and commercial integration between Cairo and Riyadh:
H1 2026 Trade Volume: Reached $7.1 billion, compared to $5.9 billion in H1 2025.
Annual Expansion: Represents an increase of 19.7%, driven by expanding agricultural and manufacturing exports, cross-border supply chains, and rising industrial raw material demand across both economies.
Market Context
The slight upward adjustment in the USD/EGP exchange rate reflects standard intraday market clearing dynamics within commercial banks, following a period of tight stability. Meanwhile, expanding bilateral trade with key GCC partners continues to reinforce regional foreign currency flows and trade corridor development.














