Following a period of recovery in the Egyptian currency, the dollar’s exchange rate against the Egyptian pound rose by up to 1.3% on the day.
According to statistics compiled by Al Arabiya Business, the highest exchange rate for the US dollar at Credit Agricole and Industrial Development Bank was 47.58 pounds for purchase and 47.68 pounds for sale.
comparable price
The lowest exchange rate for the US dollar at Medbank was 46.84 pounds for purchase and 46.94 pounds for sale.
The National Bank of Egypt, National Bank of Egypt, Qatar National Bank, Arab Bank, Arab African International Bank and United Bank recorded a dollar exchange rate of 47.54 pounds, a buy against a sell of 47.64 pounds.
The Central Bank of Egypt’s dollar exchange rate was recorded at 47.52 pounds for buying and 47.66 pounds for selling.
powerful performance
The Egyptian pound ended 2025 on a strong note, gaining 6.7% against the dollar since the beginning of last year, supported by a record surge in remittances from Egyptians working abroad and a recovery in liquidity in the banking sector.
Egypt’s foreign exchange reserves increased from $51.452 billion in December 2025 to $52.594 billion at the end of January last year, according to data from the Central Bank of Egypt.
By the end of January 2026, Egypt’s foreign exchange reserves reached a new record level, the highest in the country’s history.
The exchange rate of the dollar against the Egyptian pound rose by up to 1.3% in the day’s trading, as the Egyptian currency continued to recover.
According to statistics compiled by Al Arabiya Business, Credit Agricole and Industrial Development Bank had the highest exchange rates to the US dollar, with buyers buying at 47.58 pounds and selling at 47.68 pounds.
closing price
Midbank had the lowest exchange rate for the US dollar, with buys at £46.84 and sells at £46.94.
National Bank of Egypt, Misr Bank, Qatar National Bank, Arab Bank, African Arab International Bank and United Bank recorded a dollar exchange rate of 47.54 pounds for buying and 47.64 pounds for selling.
The exchange rate for the dollar at the Central Bank of Egypt was 47.52 pounds for buying and 47.66 pounds for selling.
strong performance
The Egyptian pound ended 2025 on a strong note, gaining 6.7% against the dollar since the beginning of last year, supported by a record surge in remittances from Egyptians working abroad and a recovery in liquidity in the banking sector.
Egypt’s foreign exchange reserves increased from $51.452 billion in December 2025 to $52.594 billion by the end of January last month, according to data from the Central Bank of Egypt.
By the end of January 2026, Egypt’s foreign exchange reserves reached a new record level, the highest in the country’s history.
