1 Dollar to Egyptian Pound Yesterday
Currency Exchange Rate
If you're planning to travel to Egypt or conduct business with Egyptian companies, it's essential to know the current exchange rate between the US dollar and the Egyptian pound. Here's an update on the exchange rate for yesterday.
Yesterday's Exchange Rate
As of yesterday, the exchange rate for 1 US dollar (USD) to Egyptian pound (EGP) was:
1 USD = 15.70 EGP
This rate may fluctuate depending on market conditions and economic factors. It's always a good idea to check the current exchange rate before conducting any transactions.
Currency Conversion
To give you a better understanding of the exchange rate, here are some examples of currency conversions:
- 5 USD = 78.50 EGP
- 10 USD = 157.00 EGP
- 50 USD = 785.00 EGP
- 100 USD = 1,570.00 EGP
Factors Affecting Exchange Rate
The exchange rate between the USD and EGP can be affected by various factors, including:
- Economic indicators: Inflation rates, interest rates, and GDP growth can influence the exchange rate.
- Political stability: Political unrest or instability in Egypt can lead to a devaluation of the EGP.
- Global events: Global economic downturns or changes in international trade policies can impact the exchange rate.
- Supply and demand: The demand for USD and EGP can affect the exchange rate.
Conclusion
Knowing the current exchange rate is crucial for anyone dealing with international transactions. Make sure to check the latest exchange rate before conducting any business or traveling to Egypt. Keep in mind that the exchange rate can fluctuate, so it's essential to stay up-to-date with the latest rates.
