US Dollar Rises Against Egyptian Pound Hits EGP 53.80 for Sale
The US dollar strengthened against the Egyptian pound on Sunday, October 18, 2026, as exchange rates increased at most banks operating in Egypt. The highest quoted rate reached EGP 53.70 for buying and EGP 53.80 for selling, according to the latest figures available at the time of reporting. Rates varied across lenders, with some remaining unchanged and two recording declines.
Credit Agricole, Al Baraka Bank, Kuwait Finance House, Bank of Alexandria and Societe Arabe Internationale de Banque posted the highest dollar rate, at EGP 53.70 for buying and EGP 53.80 for selling. All five banks recorded increases compared with their previous closing levels.
Faisal Islamic Bank, HSBC and Industrial Development Bank quoted the dollar at EGP 53.68 for buying and EGP 53.78 for selling, with rates rising at all three lenders.
The National Bank of Egypt and Arab International Bank recorded EGP 53.67 for buying and EGP 53.77 for selling. Commercial International Bank quoted EGP 53.66 for buying and EGP 53.76 for selling. Rates increased at all three banks.
Dollar Rates at Other Banks
Suez Canal Bank raised its dollar rate to EGP 53.65 for buying and EGP 53.75 for selling, while United Bank quoted EGP 53.58 and EGP 53.68, respectively. Both reported increases from their previous closing levels.
Banque Misr posted EGP 53.56 for buying and EGP 53.66 for selling. NXT Bank quoted EGP 53.44 for buying and EGP 53.54 for selling, with rates rising at both banks.
By contrast, Abu Dhabi Islamic Bank recorded a decline, with the dollar falling to EGP 53.42 for buying and EGP 53.52 for selling. At Al Ahli Bank of Kuwait, the buying rate remained at EGP 53.42, while the selling rate rose to EGP 53.52.
The same rates—EGP 53.42 for buying and EGP 53.52 for selling—held steady at the Egyptian Gulf Bank, National Bank of Kuwait and Arab African International Bank.
The Egyptian Arab Land Bank lowered its rates to EGP 53.40 for buying and EGP 53.50 for selling. Housing and Development Bank maintained the same levels.
Abu Dhabi Commercial Bank and First Abu Dhabi Bank quoted the dollar at EGP 53.38 for buying and EGP 53.48 for selling, with no change.
Price Gap Across Banks
The spread between the highest and lowest buying rates stood at 32 piastres, with the top rate at EGP 53.70 and the lowest at EGP 53.38 at Abu Dhabi Commercial Bank and First Abu Dhabi Bank.
The difference between the highest and lowest selling rates was also 32 piastres, ranging from EGP 53.80 to EGP 53.48.