Cairo – Egyptians seeking to exchange currency will find a relatively stable, though still elevated, exchange rate for major currencies against the Egyptian pound as of Tuesday, February 24, 2026. Understanding these rates is crucial for individuals and businesses involved in international transactions, remittances and travel. The rates reported below reflect the morning dealings at several major Egyptian banks, offering a snapshot of the current market conditions for currency exchange in Egypt.
The value of the Egyptian pound has faced significant pressure in recent years, influenced by economic factors including inflation, foreign debt, and geopolitical events. Monitoring these daily fluctuations is essential for anyone managing finances tied to international currencies. These rates, while current as of this morning, are subject to change throughout the day based on market dynamics. This report provides a detailed overview of the exchange rates for the US dollar, Euro, Saudi Riyal, and UAE Dirham, as reported by leading Egyptian banks.
US Dollar Exchange Rate
The US dollar continues to be the most widely traded currency in Egypt. As of Tuesday, February 24, 2026, the dollar is trading at approximately 47.73 Egyptian pounds for purchase and 47.83 pounds for sale across several major banks. Specific rates are as follows:
- Banque Misr: 47.73 EGP for purchase, 47.83 EGP for sale.
- Bank of Cairo: 47.73 EGP for purchase, 47.83 EGP for sale.
- National Bank of Egypt (Al Ahli Bank): 47.73 EGP for purchase, 47.83 EGP for sale.
- Alexandria Bank: 47.73 EGP for purchase, 47.83 EGP for sale.
- Abu Dhabi Islamic Bank: 47.78 EGP for purchase, 47.88 EGP for sale.
- Commercial International Bank (CIB): 47.74 EGP for purchase, 47.84 EGP for sale.
Euro Exchange Rate
The Euro also maintains a significant presence in Egyptian currency exchange. Today, February 24, 2026, the Euro is being exchanged at around 56.17 Egyptian pounds for purchase and 56.42 pounds for sale. Here’s a breakdown by bank:
- Banque Misr: 56.17 EGP for purchase, 56.42 EGP for sale.
- Bank of Cairo: 56.17 EGP for purchase, 56.42 EGP for sale.
- National Bank of Egypt (Al Ahli Bank): 56.17 EGP for purchase, 56.42 EGP for sale.
- Alexandria Bank: 56.17 EGP for purchase, 56.42 EGP for sale.
- Abu Dhabi Islamic Bank: 56.23 EGP for purchase, 56.47 EGP for sale.
- Commercial International Bank (CIB): 56.18 EGP for purchase, 56.44 EGP for sale.
Saudi Riyal Exchange Rate
For Egyptians working in Saudi Arabia or conducting business with the Kingdom, the Saudi Riyal exchange rate is particularly important. On Tuesday, February 24, 2026, the Riyal is trading at approximately 12.68 Egyptian pounds for purchase and 12.75 pounds for sale. The specific rates are:
- Banque Misr: 12.68 EGP for purchase, 12.75 EGP for sale.
- Bank of Cairo: 12.68 EGP for purchase, 12.75 EGP for sale.
- National Bank of Egypt (Al Ahli Bank): 12.68 EGP for purchase, 12.75 EGP for sale.
- Alexandria Bank: 12.71 EGP for purchase, 12.75 EGP for sale.
- Abu Dhabi Islamic Bank: 12.73 EGP for purchase, 12.76 EGP for sale.
- Commercial International Bank (CIB): 12.70 EGP for purchase, 12.75 EGP for sale.
UAE Dirham Exchange Rate
Similarly, for those dealing with the United Arab Emirates, the Dirham’s exchange rate is key. As of today, February 24, 2026, the Dirham is being exchanged at around 12.98 Egyptian pounds for purchase and 13.02 pounds for sale. The rates across different banks are:
- Banque Misr: 12.98 EGP for purchase, 13.02 EGP for sale.
- Bank of Cairo: 12.98 EGP for purchase, 13.02 EGP for sale.
- National Bank of Egypt (Al Ahli Bank): 12.98 EGP for purchase, 13.02 EGP for sale.
- Alexandria Bank: 12.98 EGP for purchase, 13.02 EGP for sale.
- Abu Dhabi Islamic Bank: 13.00 EGP for purchase, 13.03 EGP for sale.
These exchange rates are vital for Egyptians sending and receiving money from abroad, as well as for businesses engaged in international trade. The slight variations between banks highlight the importance of comparing rates before conducting any transactions. The ongoing economic situation in Egypt continues to influence these rates, and it’s advisable to stay informed about any changes.
Looking ahead, the Central Bank of Egypt is scheduled to review its monetary policy on March 10, 2026, which could potentially impact these exchange rates. Further updates will be provided as they become available.
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