Egyptian Pound Strengthens Slightly as Dollar Retreats to 53.20

The U.S. dollar edged lower against the Egyptian pound at the close of trading on Thursday, marking a slight retreat across most banks operating in Egypt’s banking sector.

The decline comes amid marginal improvements in Egypt’s external financial position. Net international reserves rose to $52.830 billion by the end of March, up from $52.746 billion recorded at the end of February. 

Despite this increase, the gold component of the Central Bank of Egypt’s reserves posted a notable drop, falling to EGP 19.188 billion in March 2026, compared to approximately EGP 21.502 billion a month earlier.

Dollar Exchange Rates Across Major Banks

At the National Bank of Egypt (NBE), the dollar registered EGP 53.09 for buying and EGP 53.19 for selling by the end of the session.

Similarly, Banque Misr recorded the same levels, with the U.S. currency trading at EGP 53.09 for purchase and EGP 53.19 for sale.

The United Bank also posted identical figures, reflecting a unified pricing trend across key state-owned and private lenders, with the dollar buying at EGP 53.09 and selling at EGP 53.19.

At the Arab African International Bank, the greenback maintained the same range, closing at EGP 53.09 for buying and EGP 53.19 for selling.

Euro 

Meanwhile, the euro displayed a mixed performance against the Egyptian pound, with fluctuations observed across banks at the close of trading.

At the National Bank of Egypt (NBE), the euro stood at EGP 61.86 for buying and EGP 62.17 for selling.

Banque Misr reported a slightly higher selling price, with the European currency recorded at EGP 61.86 for buying and EGP 62.21 for selling.

The divergence in euro pricing reflects ongoing volatility in global currency markets, as well as differing liquidity conditions within local banks.