1 Usd To Egyptian Pound Today

2 min read Jun 15, 2024
1 Usd To Egyptian Pound Today

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.

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