
The USD EGP exchange rate has a long and complex history, influenced by various economic and political factors. The Egyptian pound has been pegged to the US dollar since 1991.
One major factor affecting the exchange rate is the country's economic performance, with a strong economy leading to a stronger pound. This was evident in 2004 when Egypt's economic growth led to a 1.5% appreciation in the pound against the dollar.
The US dollar's value is also influenced by global economic trends, such as changes in the US Federal Reserve's interest rates. These changes can have a ripple effect on the value of other currencies, including the EGP.
US Dollar to Egyptian Pound Exchange Rate History
The US dollar to Egyptian pound exchange rate has a rich history, with fluctuations that can impact travelers and traders alike. The current exchange rate is 50.436, reflecting a -0.286% change since yesterday.
In the last six months, the USD/EGP rate has increased by +4.01%. This means the US Dollar has gained value compared to the Egyptian Pound. It's essential to keep an eye on these changes, especially if you're planning a trip to Egypt.
To view historical exchange rates for a specific year, you can click on one of the links below:
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
Over the past week, the value of the US dollar has remained relatively stable, with a -0.377% decrease compared to its value 7 days ago.
Factors Affecting Exchange Rate
The USD to EGP exchange rate can be influenced by various factors, including economic indicators such as GDP growth, inflation, and interest rates.
These indicators can have a significant impact on the exchange rate, as they affect the overall health and stability of the economy.
Economic indicators are not the only factors at play, geopolitical events like elections and trade agreements can also influence the exchange rate.
For example, changes in trade policies or agreements can lead to fluctuations in the exchange rate.
Central bank decisions, such as interest rate changes, can also affect the exchange rate.
Here's a breakdown of the key factors that can impact the exchange rate:
- Economic indicators: GDP growth, inflation, interest rates
- Geopolitical events: elections, trade agreements
- Central bank decisions: interest rate changes
Egyptian Pound Exchange Rate History
The Egyptian pound exchange rate history is a fascinating topic. The exchange rate for US dollar to Egyptian pounds is currently 50.436 today, reflecting a -0.286% change since yesterday.
You can view the rates between the US Dollar and the Egyptian Pound for a particular year by clicking on one of the links below: 2025202420232022202120202019201820172016
The exchange rate for US dollar to Egyptian pounds has remained relatively stable over the past week, with a -0.377% decrease compared to its value 7 days ago.
You can find more exchange rates and historical data on the USD EGP page, which includes the USD EGP Historical Table and USD EGP Historical Charts.
The current exchange rate for Egyptian pound to US dollars is 0.020 today, reflecting a 0.000% change since yesterday.
Historical Data
The US Dollar to Egyptian Pound exchange rate has seen significant fluctuations over the years, with a notable increase of +4.01% in the last six months.
Historical data is essential for understanding the trends and patterns in the exchange rate. This information can be useful for making informed decisions when trading or investing in the currency market.
To view the exchange rate history, you can check the USD/EGP historical chart, which shows the rate over time. You can also view the USD EGP historical table or charts for more detailed information.
The exchange rate for Egyptian pound to US dollars has remained relatively stable over the past week, with a 0.121% increase compared to its value 7 days ago. However, it's essential to note that exchange rates can change rapidly, so it's crucial to stay up-to-date with the latest information.
If you're interested in viewing the exchange rate for a specific year, you can click on one of the links below:
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
Frequently Asked Questions
What is the expected USD to EGP 2024?
The expected exchange rate for USD to EGP in 2024 is approximately 47.5. Analysts predict this rate will remain stable for the remainder of the year.
What was the EGP to USD in 1994?
In 1994, the Egyptian pound (EGP) reached a record low of 3.389 against the US dollar (USD). This was the lowest exchange rate in Egypt's history at the time.
What was the year 2016 usd to EGP?
In 2016, the exchange rate was approximately 10.018 EGP per USD. This rate has since increased to 17.766 EGP per USD in 2017.
What was the dollar to EGP in 1990?
In 1990, the exchange rate was EGP 1.5 to the US dollar. This marked a significant devaluation from the previous stable rate.
Sources
- https://www.exchange-rates.org/exchange-rate-history/usd-egp
- https://www.currency-converter.org.uk/currency-rates/historical/table/USD-EGP.html
- https://wise.com/us/currency-converter/usd-to-egp-rate/history
- https://wise.com/us/currency-converter/egp-to-usd-rate/history
- https://exchangerates.org/usd/egp/in-2008
Featured Images: pexels.com