Convert US Dollar to Egyptian Pound
Convert US Dollar (USD) to Egyptian Pound (EGP) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About US Dollar
The US Dollar (USD) is the world's primary reserve currency, used in approximately 88% of all foreign exchange transactions globally. Introduced in 1792 with the Coinage Act, the dollar became the cornerstone of the international monetary system under the 1944 Bretton Woods Agreement. Even after the gold standard was abandoned in 1971, the dollar maintained its dominant status - oil and most global commodities are priced in dollars, and major sovereign debt is primarily denominated in USD. The Federal Reserve System (Fed) manages US monetary policy.
About Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt and one of the oldest currency systems in the world, with versions of the pound used since Egypt adopted a monetary system in the 19th century. The Central Bank of Egypt manages monetary policy. Egypt is the most populous Arab country and the third most populous in Africa, with an economy driven by tourism, Suez Canal revenues, remittances, oil exports, and agriculture. The pound underwent significant devaluations in 2016 and 2023 as Egypt moved to a more flexible exchange rate policy under IMF-backed economic reform programmes.
Quick Reference Table
| US Dollar (USD) | Egyptian Pound (EGP) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).