Saturday, October 24, 2026, 10:21 AM
×

US Dollar Stabilizes Against Egyptian Pound at End of Week Across All Egyptian Banks

Saturday 24 October 2026 04:30
Dollar
Dollar

The exchange rate of the US dollar against the Egyptian pound demonstrated noticeable stability during transactions today, Saturday, October 24, 2026.

Banking Transactions Halted Due to Weekend

This stability coincides with the ongoing weekend and the suspension of banking operations across Egypt's financial sector, as banks maintain the price levels recorded at the close of trading.

Exchange Rates at the Central Bank and Major Banks

The average US dollar rate at the Central Bank of Egypt recorded approximately 55.24 EGP for buying and 55.38 EGP for selling. Similarly, dollar rates showed clear convergence across major banks operating in Egypt—such as the National Bank of Egypt (NBE), Bank of Alexandria, and Commercial International Bank (CIB)—settling at 55.25 EGP for buying and 55.35 EGP for selling.

Highest and Lowest Rates in the Domestic Market

Market indicators revealed minor variations among institutions: Banque Misr recorded the lowest rate at 55.23 EGP for buying and 55.33 EGP for selling, while Abu Dhabi Islamic Bank (ADIB) registered the highest rate at 55.27 EGP for buying and 55.37 EGP for selling.