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ADIB Records Highest Published Dollar Buying Rate

The US dollar posted varying exchange rates against the Egyptian pound across the local banking sector on Friday, October 16, 2026, according to the latest available figures.

Abu Dhabi Islamic Bank Egypt (ADIB) quoted the dollar at EGP 53.55 for buying and EGP 53.65 for selling, placing it at the top of the published buying rates among the banks covered.

Major Banks Quote Dollar at EGP 53.42 for Buying

Several major banks posted identical exchange rates for the US currency.

The National Bank of Egypt (NBE) and Banque Misr both quoted the dollar at EGP 53.42 for buying and EGP 53.52 for selling.

The same rates were recorded by the Commercial International Bank (CIB), Bank of Alexandria, SAIB, Arab International Bank, National Bank of Kuwait, The United Bank and Suez Canal Bank.

Faisal Islamic Bank and QNB Post EGP 53.40 Buying Rate

Faisal Islamic Bank Egypt quoted the US dollar at EGP 53.40 for buying and EGP 53.50 for selling.

QNB Alahli and the Housing and Development Bank recorded identical rates.

Meanwhile, Al Baraka Bank posted a slightly lower rate of EGP 53.38 for buying and EGP 53.48 for selling.

CBE Quotes Dollar Above EGP 53.39

At the Central Bank of Egypt (CBE), the dollar stood at EGP 53.3914 for buying and EGP 53.5314 for selling, according to the published exchange-rate data.

Dollar rates can change as banks update their foreign exchange prices, meaning the rate available to customers may differ depending on the bank and the timing of the transaction.