The US dollar exchange rate against the Egyptian pound remained remarkably stable at the start of trading on Monday, January 5, 2026, across all government and commercial banks operating in the Egyptian banking sector. This stability reflects the equilibrium in Egypt's foreign exchange market, supported by ample dollar liquidity and the supply and demand mechanisms that govern the market.
Economic context and background of exchange rate stability
This stability is a result of the monetary policy pursued by the Central Bank of Egypt, which relies on a flexible exchange rate in accordance with free market mechanisms. The roots of this stability lie in the structural economic reforms implemented to unify the exchange rate and eliminate the parallel market, which contributed to restoring investor confidence and the flow of foreign currency through legitimate channels.
The continued stability of the local currency at levels around 47 pounds to the dollar is a positive indicator of the banking sector’s success in absorbing the demand for hard currency, whether to meet the needs of importers or to release goods at ports, which in turn is reflected in the stability of basic commodity prices in the local market.
The importance of dollar stability and its economic impact
The stability of the dollar exchange rate is of paramount importance to the Egyptian economy on several levels:
- Locally: It contributes to curbing inflation and controlling the prices of imported products, thus easing the burden on citizens.
- From an investment perspective: It sends a reassuring message to foreign investors about the Egyptian economy's ability to cope with external shocks and provide a safe and stable investment environment.
- Commercially: It helps companies and factories to develop accurate financial plans and determine production costs without fear of sudden currency fluctuations.
Dollar price today in Egyptian banks
Below are the details of the dollar exchange rates against the Egyptian pound in the most prominent Egyptian banks, according to the latest updates on trading screens today, Monday:
Dollar price at the Central Bank of Egypt
The average price of the dollar at the Central Bank of Egypt was recorded at about 47.53 Egyptian pounds for buying and 47.66 Egyptian pounds for selling.
Dollar price at the National Bank of Egypt
The price of the dollar in the largest government bank, the National Bank of Egypt, remained stable at a level of 47.56 Egyptian pounds for buying and 47.66 Egyptian pounds for selling.
Dollar price at Banque Misr
At Banque Misr, the greenback recorded the same levels as the National Bank, reaching 47.56 pounds for buying and 47.66 pounds for selling.
Dollar price in private and investment banks
- Commercial International Bank (CIB): Recorded 47.56 pounds for buying, and 47.66 pounds for selling.
- Bank of Alexandria: The price reached 47.56 pounds for buying, and 47.66 pounds for selling.
- Suez Canal Bank: Recorded 47.58 pounds for buying, and 47.68 pounds for selling.
- Abu Dhabi Islamic Bank: The price came at 47.58 pounds for buying, and 47.68 pounds for selling.
- Faisal Islamic Bank: Recorded 47.54 pounds for buying, and 47.64 pounds for selling.
- National Bank of Kuwait: Recorded 47.52 pounds for buying, and 47.62 pounds for selling.
- Qatar National Bank (QNB): It reached 47.56 pounds for buying, and 47.66 pounds for selling.
