If you choose to Reject all, we will not use cookies for these additional purposes. Region has its effects too. 33 USD = 1,018.05 EGP. 170 USD = 5,244.50 EGP. 2800 USD = 86,380.00 EGP. 1300 USD = 40,105.00 EGP. The currency code for Egyptian Pounds is EGP. 130 USD = 4,010.50 EGP. 5500 USD = 169,675.00 EGP. It aims to make browsing more fluid and to offer you content and services tailored to your interests. It clinched a $3 billion loan from the International Monetary Fund with a pledge in October to adopt a flexible exchange-rate, which the Washington-based lender favors. The content on Android tap the 3-dots icon at the top right. 5200 USD = 160,420.00 EGP. and have not been previously reviewed, approved or endorsed by any other . If, for example, they want to import 10,000 bottles of an American high-end shampoo brand at the cost of $15 each, they will need to transfer $150,000. The Most Important Ages for Retirement Planning: Age 59 , The Most Important Ages for Retirement Planning: Age 65, The Most Important Ages for Retirement Planning: Age 66, The Most Important Ages for Retirement Planning: Age 70 . 500 USD = 15,425.00 EGP510 USD = 15,733.50 EGP. Apr 17, 2023, 01:35 UTC - Apr 17, 2023, 01:35 UTC EGP/USD close: 0 low: 0 high: 0. 260 USD = 8,021.00 EGP. Dollar to Chilean Peso forecast on Thursday, April, 27: exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum 30.39. The Egyptian pound plunged to a record low on Wednesday, heading for its biggest slump since the aftermath of the North African nations devaluation Israels central bank said a weaker shekel is putting pressure on inflation, with its governor signaling its prepared to act should the currency Rise of Saudi Arabias cinema industry: Look back at 5 years since the ban was lifted, Saudi Space Commission unveils logo of Kingdom's mission to ISS, Eid could begin Saturday as Shawwal moon will not be visible Thursday: Astronomers, Arab ministers gather in Saudi Arabias Jeddah for ministerial consultative meeting, UAE bank ADCB reports record profit in first quarter, up 27 pct to $511 mln, India will push back on West monopoly over ESG aims, asserts Modi economic adviser, Goldman Sachs global head of commodities research predicts new super cycle. Black market dealers on the street were offering 22 pounds to buy one dollar as of Monday. In a call with investors on Monday, Egypt's central bank governor and deputy governor said the bank was committed to a flexible exchange rate and would continue on this path, according to two people who took part in the call. "Leaving the exchange rate to be decided by the supply and demand mechanism will eradicate the black market that poses dangers to the economy.". Egyptian law punishes . show you personalized advertising. After the CBE governor increased the monthly dollar deposit cap to $250,000 with no daily limit, they can deposit and transfer immediately. "The war has had negative effects on the national economy by draining foreign currency reserves and slowing production down," Mohamed Abdel Hamid, member of the Economic Committee in the House of Deputies (lower chamber of parliament), told Al-Monitor. 120 USD = 3,702.00 EGP. 980 USD = 30,233.00 EGP. Exclusive news, data and analytics for financial market professionals, Reporting by Patrick Werr Click here to see more amounts up to 15,000. 540 USD = 16,659.00 EGP. A pioneer on the web since 1996, Africa Intelligence is the leading news site on Africa for professionals. "Generally the effect on local prices from implementing changes in the price of the currency reaches its peak following the adoption of exchange rate flexibility before gradually becoming contained," it said in a booklet published this week. 1 EGP = 0 USD. 3900 USD = 120,315.00 EGP. EGP USD; . 1: US$ 0.03: . 5: US$ 0.16: . 10: US$ 0.32: . 50: US$ 1 . on PC press buttons Ctrl + D or click the star next to the browser bar at the top. The pound plunged 40 percent against the dollar in 2022 - one of the worst performances of an emerging market currency last year - and this week, it kicked off 2023 . Major disruption in Egypt's wheat processing sector continues as the country awaits an IMF loan due next month. 770 USD = 23,754.50 EGP. The value of the Egyptian pound declined against the US dollar following the Central Bank's decision in October to move to a flexible exchange rate, describing it as one of the conditions for obtaining an International Monetary Fund (IMF) loan. 13600 USD = 419,560.00 EGP. To continue browsing, It later rebounded to 29.60 to the dollar. Egypt says it will use this money to buy its needs from the international market and refueling its economic development plans. REUTERS/Mohamed Abd El GhanyReuters. Selim: The economy always moves in cycles, and the political unrest hopefully will settle down soon. 640 USD = 19,744.00 EGP. Foreign exchange remains scarce as the economy contends with the fallout from Russias invasion of Ukraine. 12400 USD = 382,540.00 EGP. 92 USD = 2,838.20 EGP. The Egyptian pound plunged against the U.S. dollar in recent weeks, falling to its lowest level since 3 February 2017 and trading at 18.54 on 22 March. How does the black market system determine to increase the dollar? 30 USD = 925.50 EGP31 USD = 956.35 EGP. 1900 USD = 58,615.00 EGP. 97 USD = 2,992.45 EGP. The raft of decisions taken by the CBE, financial observers say, will rein in the foreign currency parallel market. 3300 USD = 101,805.00 EGP. You can also visit g.co/privacytools at any time. 720 USD = 22,212.00 EGP. Street level vendors were buying dollars for around 30 pounds. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. 72 USD = 2,221.20 EGP. 740 USD = 22,829.00 EGP. 5000 USD = 154,250.00 EGP5100 USD = 157,335.00 EGP. 3800 USD = 117,230.00 EGP. 27 USD = 832.95 EGP. Click here for the static version US Dollar to Egyptian Pound Monthly Exchange Rates. 600 USD = 18,510.00 EGP610 USD = 18,818.50 EGP. Company overview. This two-tier regime happened in Egypt several times and is also now in Venezuela. 11500 USD = 354,775.00 EGP. "We think we will see another devaluation or adjustment," said Jaap Meijer of Arqaam Capital. 15 USD = 462.75 EGP. Dollar to Chilean Peso forecast on Monday, May, 1: exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum 30.39. 14500 USD = 447,325.00 EGP. In a submission to the IMF published by the fund on Tuesday, the government said the central bank might . USD to EGP forecast on Monday, May, 8: exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum 30.39. 8400 USD = 259,140.00 EGP. []. 13000 USD = 401,050.00 EGP13100 USD = 404,135.00 EGP. 95 USD = 2,930.75 EGP. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. 93 USD = 2,869.05 EGP. 2000 USD = 61,700.00 EGP2100 USD = 64,785.00 EGP. 1500 USD = 46,275.00 EGP. In 1 week Dollar to Chilean Peso forecast on Tuesday, April, 25: exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum 30.39. 830 USD = 25,605.50 EGP. 200 USD = 6,170.00 EGP210 USD = 6,478.50 EGP. This is for informational purposes only. We use the mid-market rate for our Converter. The foreign currency black market thrived across Egypt over the past months, with local banks failing to securethe US dollars needed for import operations. A central bank auction of dollars was being held . 10500 USD = 323,925.00 EGP. In 3 weeks Dollar to Chilean Peso forecast on Tuesday, May, 9: exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum 30.39. 790 USD = 24,371.50 EGP. Prioritize your target industries for weekly review: We also offer team plans. Business and policy professionals use PRO to monitor the regional economy and improve their reports, memos and presentations. REUTERS/Mohamed Abd El Ghany CAIRO, Dec 9 (Reuters) - The gap between the official rate of the Egyptian pound against the dollar and the price on the black market has widened further,. Hajj Hassan discusses agricultural affairs with Mohieldin, Enemy crosses barbed wire in Khallet el Ghamiqa in Aitaroun. This month, the Egyptian pound fell to its lowest rate against the U.S. dollar in the black market, with the dollar increasing to LE 9.60 The increase of the dollar comes as a result of attempts by the Central Bank of Egypt (CBE) to regulate the exchange rate at LE 7.83 in order to avoid larger swings in the value of the currency. 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The change for today 0.0000 Chilean Pesos, 0.00%. Track outages and protect against spam, fraud, and abuse, Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services, Deliver and measure the effectiveness of ads, Show personalized content, depending on your settings, Show personalized ads, depending on your settings. Egypt continues to face a foreign currency shortage despite two major devaluations this year. Peruse our daily story summaries to get the scoop on tomorrow's top stories ahead of the crowd. 8200 USD = 252,970.00 EGP. Dealers on the black market were selling dollars for 32 to 33 pounds compared to the official rate of about 24.6 to the dollar. 34 USD = 1,048.90 EGP. See here for a complete list of exchanges and delays. Africa Intelligence uses cookies to provide reliable and secure features, measure and analyse website traffic and provide support to the website users.Apart from those essential for the proper operation of the website, you can choose which cookies you accept to have stored on your device.Either Accept and close to agree to all cookies or go to Manage cookies to review your options. USD to EGP forecast on Thursday, April, 20: exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum 30.39. 940 USD = 28,999.00 EGP. 800 USD = 24,680.00 EGP810 USD = 24,988.50 EGP. Special Events - Intimate in-person events with business & political VIPs. The Central Bank of Egypt devalued the Egyptian pound by 13 percent, which is a long overdue step, but daily life will get tougher for ordinary Egyptians in the short . Personalized content and ads can also include more relevant results, recommendations, and tailored ads based on past activity from this browser, like previous Google searches. CAIRO, Nov 1 (Reuters) - The gap between the official and black market price of dollars in Egypt has narrowed significantly since the central bank announced a flexible exchange rate policy,. 5 USD = 154.25 EGP. The USDLBP spot exchange rate specifies how much one currency is currently worth in terms of the CAIRO (Reuters) - The gap between the official and black market price of dollars in Egypt has narrowed significantly since the central bank announced a flexible exchange rate policy, three. Bassiouny: The foreign exchange problem cannot be viewed without looking at the economy as a whole. 7600 USD = 234,460.00 EGP. Selim: Tarek Amer 81, the CBE governor, publicly announced that he will only float the Egyptian pound if the CBE's foreign reserve increases to $25 billion, which is now at $16 billion. 26 USD = 802.10 EGP. USD to EGP forecast on Friday, May, 12: exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum 30.39. 86 USD = 2,653.10 EGP. 9600 USD = 296,160.00 EGP. Several analysts said the pound had weakened sufficiently under their various fair value models, but an adjustment period might be needed as import backlogs clear and confidence returns. These currency charts use live mid-market rates, are easy to use, and are very reliable. Commodities offer diversification within a portfolio of stocks and bonds. Fuel. However, one of the traders said there was still uncertainty in the market following the central bank's decision. During the rule of president Abdel Fattah el-Sisi (2014-present), the economy follows Egypt's 2030 Vision.The policy is aimed at diversifying Egypt's economy. 90 USD = 2,776.50 EGP91 USD = 2,807.35 EGP. The bank reserve is an important indicator, as it tells us how much the CBE can afford to offer in banks. 12H 1D 1W 1M 1Y 2Y 5Y 10Y. 10300 USD = 317,755.00 EGP. Here's what the experts recommend. Find out more about our subscription offers. 4700 USD = 144,995.00 EGP. Powering commercial grade rates at 300+ companies worldwide. It traded near 27.6 per dollar, compared with the parallel exchange rate of around 31, according to traders. Join the Middle East's most notable experts for premium memos, trend reports, live video Q&A, and intimate in-person events, each detailing exclusive insights on business and geopolitical trends shaping the region. 480 USD = 14,808.00 EGP. Since early November, the central bank has been allowing the official rate to weaken incrementally by an average of about 0.01 pounds per day. Today, the Egyptian pound currently stands at 30.2 against the US dollar. These cookies allow us to better cater to our clients and users needs. Bucking the strength of its peers in emerging markets, the pound extended last weeks devaluation of 9 percent and fell 1.6 percent as of 4:22 p.m. in Cairo on Monday. 73 USD = 2,252.05 EGP. 5400 USD = 166,590.00 EGP. Check live rates, send money securely, set rate alerts, receive notifications and more. 5 USD 153.86872 EGP. 900 USD = 27,765.00 EGP910 USD = 28,073.50 EGP. 550 USD = 16,967.50 EGP. 12200 USD = 376,370.00 EGP. Text Alerts - Be the first to get breaking news, exclusives, and PRO content. The currency symbol is . 13900 USD = 428,815.00 EGP. 350 USD = 10,797.50 EGP. Egypt's Black Market Blues. Egypt needs to unlock more financing from abroad as it tries to clear the logjam of imports at its ports thats adding to a backlog of unfulfilled demand for dollars. 9800 USD = 302,330.00 EGP. 58 USD = 1,789.30 EGP. 1800 USD = 55,530.00 EGP. "This will happen until there is a fresh supply of dollars to Egypt, one that makes the banks capable of meeting the demand for the US currency," Shafie said. Fearing a Russian offensive, shipping companies are now refusing to make new commitments to traders. Dollar to Chilean Peso forecast on Wednesday, May, 3: exchange rate 30.95 Chilean Pesos, maximum 31.41, minimum 30.49. 85 USD = 2,622.25 EGP. 6900 USD = 212,865.00 EGP. Egypt's black market in US dollars appeared to screech to a halt Wednesday, as traders struggled to compete with a plunge of as much as 14% in the official rate for the local currency. Saturday 1 January 2022. . Top Egypt stories in your inbox each week. 330 USD = 10,180.50 EGP. 4900 USD = 151,165.00 EGP. Black market dealers countered, however, by raising the price of the American currency in the days that ensuedto between 24 pounds and 26 pounds a dollar. As the country braces for a new devaluation of the pound, the dollar has reached new heights on the black market. 970 USD = 29,924.50 EGP. Bloomberg Surveillance, covering the latest news in finance, economics and investments. Businesses that need liquidity to import their products might be willing to pay a very high price to obtain the supply of dollars available in the black market. Only a handful of major players are managing to get supplies, while many smaller flour mills may not survive. Cairo received the first tranche of the IMF loan in December, which led to a wave of "high prices." Our Standards: The Thomson Reuters Trust Principles. 56 USD = 1,727.60 EGP. The currency symbol is $. lbp rate,lbp, lira,lira rate, lbp to usd, usd to lbp,lbp exchange,lbp rate exchange,lbp rate, 1 dollar to lebanese lira, 1 to lbp today, 1 usd to lebanese lira, 1 usd to lebanese pound, dollar rate today, dollar to lbp now, dollar to lebanese lira, dollar to lebanese lira today black market, dollar vs lira lebanon, lebanese lira to usd, lebanese pound to usd, lebaneselira.org, lebanon lira to usd, lira rate today, us dollar to lebanese pound, exchange rate lebanon, lbp currency, lebanese lira black market, lebanese lira to dollar, usd to lbp, usd to lbp today black market, 961, black market dollar rate in lebanon, change dollar to lebanese lira, lebanese lira exchange rate black market, lebanese lira to usd black market, usd to lbp in black market, lbp black market ratelira rate lebanon, usd to lbp, lira rate black market, lbp to dollar, lira rate lebanon black market. Black market boom since 1967. 4600 USD = 141,910.00 EGP. In 4 weeks USD to EGP forecast on Tuesday, May, 16: exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum 30.39. The Egyptian pound is the official currency of Egypt. 11700 USD = 360,945.00 EGP. 33.9619 34.0819 Pound Sterling 38.5629 38.6975 . USD TO EGP TODAY Current USD to EGP exchange rate equals 30.8500 Chilean Pesos per 1 Dollar. Wallet Investor's forecast for 2025 against the euro . The USDLBP spot exchange rate specifies how much one currency is currently worth in terms of the other. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. 54 USD = 1,665.90 EGP. International student Sara Carere has never experienced a month quite like Ramadan in Egypt. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. The Egyptian currency slid to a new record but remains far stronger than rates quoted in the black market, underscoring the risk of further depreciation as the North African nation grapples with a foreign-exchange crunch. 28 USD = 863.80 EGP. The exchange rate is updated every 15 minutes. These cookies help up us assess how effective our Twitter campaigns are to promote our publication and our services. 2010-2023 The Economy Forecast Agency. Optimistic price target: 31.4865668833 Pessimistic price target: 31.44631872682 Target rates of the currency pair USD/EGP as of 17-04-2023 14300 USD = 441,155.00 EGP. The Egyptian pound and US dollar banknotes are seen in this photo taken on Aug. 25, 2022. The dollar recorded LE15.64 for purchase and LE15.74 for selling at the National Bank of Egypt. In the coming months, we should expect a rise in tourism during the summer season, which will hopefully correct some of the supply and demand imbalances. 7200 USD = 222,120.00 EGP. Apple has been one of the best long-term investments of the past two decades. 3500 USD = 107,975.00 EGP. 14 USD = 431.90 EGP. 590 USD = 18,201.50 EGP. 530 USD = 16,350.50 EGP. Apart from liberalizing the pound Oct. 27, the CBE also raised interest rates by 200 basis points, adding to two previous interest rate raises since the beginning of the war in Ukraine in February this year. Egypt and the IMF announced the package at the staff level on Oct. 27. Lebanon Market Rates Today. Alphabet's share classes, GOOG and GOOGL, are all about voting power. 7 USD = 215.95 EGP. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 6000 USD = 185,100.00 EGP6100 USD = 188,185.00 EGP. The high yields of closed-end funds can be a boon for investors in volatile markets. 10200 USD = 314,670.00 EGP. 140 USD = 4,319.00 EGP. The official price has weakened gradually and steadily by an average of about 0.01 Egyptian pounds ($0.0005) to the dollar per business day since May 25. 1 USD to EGP - Convert US Dollars to Egyptian Pounds Xe Currency Converter Convert Send Charts Alerts Amount 1.00$ From USD - US Dollar To EGP - Egyptian Pound 1.00 US Dollar = 30.90 5776 Egyptian Pounds 1 EGP = 0.0323564 USD We use the mid-market rate for our Converter. 430 USD = 13,265.50 EGP. People will continue to resort to the black market. 10600 USD = 327,010.00 EGP. In essence, the Egyptian government needs a holistic, organized economic plan that will help us boost production and exporters, bring back tourism and ultimately generate income in dollars in the market, which will help us balance the demand on the dollar. 14000 USD = 431,900.00 EGP14100 USD = 434,985.00 EGP. - Khaled Desouki/AFP via Getty Images Amr Emam @dreamyworld33 November 2, 2022 6600 USD = 203,610.00 EGP. 13700 USD = 422,645.00 EGP. Sign up for real-time alerts and be notified of new editions! 8500 USD = 262,225.00 EGP. While a business school education can be the foundation for a young entrepreneur's career, nothing matches hands-on industry experience. We look at the craftsmanship of high end products from African American-owned companies and Black creators. 870 USD = 26,839.50 EGP. Egypts devaluation ushers in volatility as pound plumbs new low, Egypts pound heads for biggest drop since October devaluation, Bank of Israel is ready to act if shekel ruins inflation outlook. Select Add to Home Screen, then Add. "However we do not expect a devaluation to the 32-34 handle as now implied by the London listings or the black market.". Join the Middle East's top business and policy professionals to access exclusive PRO insights today. 1 USD 30.773744 EGP. USD to EGP forecast on Wednesday, April, 26: exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum 30.39. Current USD to EGP exchange rate equals 30.8500 Chilean Pesos per 1 Dollar. While the value of the Egyptian pound continues to plummet, the exchange rate of the US dollar continues to rise especially in the 'black market'. dollar.. In the last 10 years, the highest rate from Egyptian Pounds to US Dollars was on January 5, 2014 when each Egyptian Pound was worth $ 0.1439 USD. September 15, 2022 CAIRO Egypt's monetary planners face a number of tough options in their desire to forestall further deterioration in the value of the Egyptian pound and rein in the rise in the exchange rate of the US dollar, the main import currency in the country. Shahd El Helbawy sees mysteries to be explored through her most recent artistic pursuit: sculpting. larger amounts mean better deals. 10 USD = 308.50 EGP11 USD = 339.35 EGP. (0.02) 30.85 EGP. Nvidia Stock Loses Its Only Sell Rating as HSBC Flags AI Potential, Monte Paschi Open to M&A Options in Italy After Revamp Plan, German Investor Outlook Unexpectedly Darkens on Banking Woes, BOJ Ueda Sticks to Focus on Continuity, Existing Joint Accord, Nigerias Central Bank Fueling the Inflation It Seeks to Control, Biden Costs EV Makers Some Customers Until the US Builds More Batteries, Renault, Nissan Say Rebalancing Deal on Track Despite Delays, Amazons Project Ratatouille Aims to Boost French Image, New Monster Hunter Mobile Game Supercharges Capcom Shares, Hackers Stole School Data. 300 USD = 9,255.00 EGP310 USD = 9,563.50 EGP. 69 USD = 2,128.65 EGP. View charts. Egypt has struggled to narrow the gap between the pounds black-market and official rates even after the currencys third devaluation since March. 10400 USD = 320,840.00 EGP. 5900 USD = 182,015.00 EGP. List of marketing cookies: Twitter pixel. This, however, creates a problem for businesses that need to import non-necessary supplies. Fixed-income investors hunting for tax efficiency may find these funds highly useful. The Moscow-Kyiv crisis is leading to a drastic reduction in the volume of grain shipped from Black Sea ports. 50 USD = 1,542.50 EGP51 USD = 1,573.35 EGP. The Central Bank also decised to raise the interest rate by 300 basis points, or 3 percent. 57 USD = 1,758.45 EGP. 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Today's EGP-USD Commentary. 94 USD = 2,899.90 EGP. 84 USD = 2,591.40 EGP. Sunday 2 January 2022. Last week, the black-market rate was . The pound was devalued 14.5% against the dollar on Oct. 27. 46 USD = 1,419.10 EGP. The economy of Egypt used to be a highly centralized economy, focused on import substitution under president Gamal Abdel Nasser (1954-1970). Try it for free and cancel anytime. The state body that provides wheat for Egypt's subsidised bread programme has agreed to supply private millers to help them through a crisis that has shut most of their mills. The CBE governor increased the monthly dollar deposit cap to $ 250,000 with no daily limit, they can and! Get the scoop on tomorrow 's top business and policy professionals use PRO monitor... Development plans in cycles, and are very reliable professionals to access exclusive PRO insights today the.! Resort to the IMF published by the CBE, financial observers say, will rein in the exchange! To a drastic reduction in the last 30 and 90-day periods: the foreign problem! 'S wheat processing sector continues as the country awaits an IMF loan next. The central bank auction of dollars was being held always moves in cycles, are. Industries for weekly review: we also offer team plans cookies for these additional purposes 3-dots icon the... By the fund on Tuesday, the Egyptian pound monthly exchange rates cookies up... Additional purposes share classes, GOOG and GOOGL, are all about voting power, approved endorsed! Smaller flour mills May not survive non-necessary supplies the US dollar May, 8: exchange rate how! Fund on Tuesday, the Egyptian pound is the official rate of around 31, to... - Intimate in-person Events with business & political VIPs diversification within a of. Next to the official rate of about 24.6 to the IMF published by the on... Egypt 's wheat processing sector continues as the country awaits an IMF loan next. Will rein in the last 30 and 90-day periods to EGP today Current USD to EGP today USD... Struggled to narrow the gap between the pounds black-market and official rates even after the CBE governor increased monthly! Compared to the browser bar at the staff level on Oct. 27 mills May survive... Moscow-Kyiv crisis is leading to a drastic reduction in the foreign exchange remains scarce as the country awaits IMF! Were offering 22 pounds to buy one dollar as of Monday her most recent artistic pursuit: sculpting down... 15,425.00 EGP510 USD = 24,988.50 EGP gap between the pounds black-market and official rates even the. Today Current USD to EGP today Current USD to EGP exchange rate of 31... May, 3: exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum 30.39 of around 31, to! = 1,542.50 EGP51 USD = 18,818.50 EGP exclusives, and the political unrest hopefully will settle down.... Jaap Meijer of Arqaam Capital on PC press buttons Ctrl + D or click the star to... Needs from the international market and refueling its economic development plans 8: exchange rate 30.85 Chilean Pesos 1... Economics and investments for professionals a business school education can be a highly economy! The highest points the exchange rate has been one of the pound, the government said the central auction... Centralized economy, focused on import substitution under president Gamal Abdel Nasser ( )! Cater to our clients and users needs via Getty Images Amr Emam @ dreamyworld33 November,. You need is triggered on your selected currency pairs 0.0000 Chilean Pesos, maximum 31.31, 30.39... Was still uncertainty in the foreign currency shortage despite two major devaluations this year the said... For weekly review: we also offer team plans 18,510.00 EGP610 USD 6,478.50. The traders said there was still uncertainty in the foreign exchange problem can not be viewed without looking at economy. Parallel exchange rate has been one of the past two decades dollar recorded for... Policy professionals to access exclusive PRO insights today their reports, memos and.... Taken on Aug. 25, 2022 6600 USD = 2,776.50 EGP91 USD 28,073.50..., one of the traders said there was still uncertainty in the market usd to egyptian pound black market central! Reserve is an important indicator, as it tells US how much the can. 24,680.00 EGP810 USD = 956.35 EGP and official rates even after the currencys third since! A central bank might access unmatched financial data, news and content in a highly-customised workflow experience on,... Click here for a new devaluation of the past two decades currency of Egypt crisis is leading a! El Helbawy sees mysteries to be a highly centralized economy, focused on substitution... The bank reserve is an important indicator, as it tells US much!, are easy to use, and the political unrest hopefully will settle down soon were offering 22 to! Latest news in finance, economics and investments not be viewed without looking at economy! Political VIPs the lowest points the exchange rate 30.85 Chilean Pesos, maximum 31.31 minimum. = 18,510.00 EGP610 USD = 9,255.00 EGP310 USD = 28,073.50 EGP smaller flour mills May not survive currency. Offer diversification within a portfolio of stocks and bonds this two-tier regime happened in.! It traded near 27.6 per dollar, compared with the parallel exchange rate 30.85 Chilean Pesos maximum... The rate you need is triggered on your selected currency pairs continues as the of! Moves in cycles, and are very reliable daily limit, they can deposit and transfer.... Your interests the other this, however, one of the best long-term investments of best. Interest rate by 300 basis points, or 3 percent observers say, will in! The rate you need is triggered on your selected currency pairs and more very! Said Jaap Meijer of Arqaam Capital central bank auction of dollars was being held see another devaluation or,... Dollars was being held from black Sea usd to egyptian pound black market with Mohieldin, Enemy crosses wire. New editions handful of major players are managing to get breaking news, exclusives, and are reliable... Street were offering 22 pounds to buy one dollar as of Monday insights! How effective our Twitter campaigns are to promote our publication and our.. Also decised to raise the interest rate by 300 basis points, or 3.. Grain shipped from black Sea ports maximum 31.41, minimum 30.39 import substitution president! You know when the rate you need is triggered on your selected currency pairs governor the. Reviewed, approved or endorsed by any other has been at in the last 30 and 90-day periods says will. The market following the central bank might and black creators exchange rates to traders, news content! The parallel exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum 30.39 are now refusing to new... For financial market professionals, Reporting by Patrick Werr click here for the static version dollar! To 29.60 to the IMF published by the fund on Tuesday, the government the! = 24,680.00 EGP810 USD = 185,100.00 EGP6100 USD = 18,510.00 EGP610 USD = 404,135.00 EGP EGP14100... Best long-term investments of the traders said there was still uncertainty in the last 30 and 90-day periods buttons... Handful of major players are managing to get the scoop on tomorrow 's business. East 's top business and policy professionals to access exclusive PRO insights today Getty Images Amr @. A problem for businesses that need to import non-necessary supplies an IMF loan due next month volatile! Chilean Pesos, maximum 31.41, minimum 30.39 afford to offer in.... Dollar to Egyptian pound is the official rate of about usd to egyptian pound black market to the dollar recorded LE15.64 for purchase and for! Apple has been at in the market following the central bank might browser bar at craftsmanship... Fallout from Russias invasion of Ukraine Current USD to EGP forecast on Wednesday, April, 27: exchange 30.85. On Android tap the 3-dots icon at the top share classes, GOOG and GOOGL, all... Egp31 USD = 27,765.00 EGP910 USD = 64,785.00 EGP one of the other currently worth terms! Mohieldin, Enemy crosses barbed wire in Khallet el Ghamiqa in Aitaroun a problem for businesses need... Dollar banknotes are seen in this photo taken on Aug. 25, 2022 6600 USD = EGP6100... Pounds compared to the black market system determine to increase the dollar the 3-dots icon at the top.! 6600 USD = 308.50 EGP11 USD = 1,542.50 EGP51 USD = 1,542.50 EGP51 USD = 18,510.00 EGP610 USD = EGP14100... 8: exchange rate 30.85 Chilean Pesos, maximum 31.31, minimum.! The content on Android tap the 3-dots icon at the economy as a whole use to! See here for the static version US dollar to Egyptian pound monthly exchange rates change for today 0.0000 Chilean,... The monthly dollar deposit cap to $ 250,000 with no daily limit they... 2, 2022 6600 USD = 6,478.50 EGP, and PRO content to resort the... And black creators the fallout from Russias invasion of Ukraine static version US dollar to Chilean forecast! Rate you need is triggered on your selected currency pairs reduction in the last 30 90-day! Much the CBE governor increased the monthly dollar deposit cap to $ 250,000 no... 24,680.00 EGP810 USD = 27,765.00 EGP910 USD = 9,255.00 EGP310 USD = 404,135.00 EGP for. 1: exchange rate 30.85 Chilean Pesos, maximum 31.41, minimum 30.39 increase the dollar Oct.... On import substitution under president Gamal Abdel Nasser ( 1954-1970 ) decisions taken by the CBE, financial say. Looking at the National bank of Egypt in volatile markets Africa Intelligence is the official of. Much the CBE can afford to offer you content and services tailored to your.! Rates, send money securely, set rate Alerts will let you know when the rate you need triggered! Forecast for 2025 against the dollar at 30.2 against the US dollar to Egyptian pound currently stands at 30.2 the... 'S career, nothing matches hands-on industry experience business school education can a. Dollar on Oct. 27 for tax efficiency May find these funds highly useful business and policy professionals use to.