1 USD to Egyptian Pound Today
Exchange Rate Update
As of the current market exchange rate, 1 USD (United States Dollar) is equivalent to approximately 15.65 EGP (Egyptian Pound). This exchange rate is subject to fluctuation and may change rapidly due to market conditions.
Currency Market Trends
The USD to EGP exchange rate has been relatively stable over the past few weeks, with minor fluctuations. However, the Egyptian Pound has slightly appreciated against the US Dollar in recent months.
Egyptian Economy and Currency
The Egyptian Pound is the official currency of Egypt, issued by the Central Bank of Egypt. The economy of Egypt is primarily driven by agriculture, tourism, and natural gas exports. The country's economic growth has been steady in recent years, with a growth rate of around 5% in 2020.
USD to EGP Historical Exchange Rates
Here is a brief overview of the historical exchange rates between the US Dollar and the Egyptian Pound:
Date | Exchange Rate (1 USD = ? EGP) |
---|---|
1 month ago | 15.40 EGP |
6 months ago | 15.20 EGP |
1 year ago | 14.80 EGP |
Conclusion
The exchange rate between the US Dollar and the Egyptian Pound is subject to market fluctuations. It's essential to stay informed about the current exchange rates to make informed decisions when conducting international transactions or traveling to Egypt.