The USD/EGP exchange rate rose to 48.6700 on August 1, 2025, up 0.21% from the previous session. Over the past month, the Egyptian Pound has strengthened 1.38%, but it's down by 0.10% over the last 12 months. Egyptian Pound - values, historical data, forecasts and news - updated on August of 2025.

As of June 2021, one U.S. dollar was worth on average ***** Egyptian pounds. Overall, the monthly exchange rate dropped during the period under review, with its highest in June 2019 at ***** Egyptian pound per U.S. dollar. The lowest level was recorded in December 2020 at ***** Egyptian pound per U.S. dollar. In November 2016, the Central Bank of Egypt (CBE) floated the Egyptian pound which caused the value of the currency to drop then by almost ** percent. This was part of an attempt to stabilize the economy and shortages in foreign currency inflows as well as increasing the competitiveness of Egyptian exports through a lower valued currency.

In 2018, the average inflation rate in Egypt amounted to about 20.85 percent, a slight decrease compared to the previous year, when it peaked at 23.53 percent.

Political unrest

Egypt has been shaken by political unrest and turmoil for years now, and these events affect the economy as well. On January 25, 2011, Egyptians started protesting police brutality under then-president Hosni Mubarak, demanding an end to his reign. The protests were met with violence by armed forces, resulting in more unrest and looting. In the end, hundreds of Egyptians had lost their lives and over 6,000 were injured. After Mubarak’s subsequent resignation and the Muslim Brotherhood taking power in the country, Mohamed Morsi was elected President in 2012. He also was overthrown a year later after protests and was imprisoned. The current President, Abdel Fattah es-Sisi, was involved in overthrowing Morsi and took office in June 2014. Sisi introduced a number of economic reforms, but they did not succeed in stabilizing Egypt’s economy.

Economic unrest

2017 saw the Egyptian inflation rate skyrocket from 10.2 percent in 2016 to more than double that at 23.5 percent. Ever since, inflation has recovered only slowly, although projections today see it levelling off below ten percent in the future. Around the same year, Egypt’s GDP dropped to below 240 billion U.S. dollars, a historical low. Unemployment, another key indicator, has steadily been between 12 to 13 percent - one reason for this is Egypt’s reliance on agriculture, which does not factor into the unemployment rate. National debt has also increased dramatically over the last few years. All in all, the times of economic unrest are not yet over.