Today's USD to EGP Price Update

robot
Abstract generation in progress

Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and the Egyptian Pound (EGP), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Egyptian Pound (EGP) is Egypt’s primary legal tender. The exchange rate between them reflects macroeconomic conditions, monetary policy decisions by the Central Bank of Egypt, and investor sentiment toward Egypt’s economic stability and reform initiatives.

Today’s Price

  • 1 USD = 47.92 EGP
  • 24h High: 47.9658 EGP
  • 24h Low: 47.9273 EGP

Market Analysis

Recently, USD/EGP’s price movement has been influenced by Egypt’s monetary policy stabilization, fiscal reforms, and foreign portfolio inflows, showing a relatively narrow trading range with reduced volatility compared to previous years.

  • Technical levels: Key support around 47.56 EGP (200-day SMA projection by March 24, 2026), resistance near 48.4–50.0 EGP (20/50/100/200-day moving averages)
  • Risk note: While inflation moderation and high real yields may slow depreciation, sustained appreciation remains unlikely; short-term corrections could occur amid broader macroeconomic adjustments
  • Trading opportunities: Monitor the 47.50–48.00 EGP range for potential entry points; watch for breakouts above 48.40 EGP or below 47.50 EGP for directional signals

Conclusion

Continue to monitor the USD/EGP pair closely, integrating technical indicators with Central Bank of Egypt policy developments and broader macroeconomic trends. For short-term traders, focus on range-bound trading within established support and resistance zones. For longer-term investors, track the gradual depreciation path expected through 2026, supported by fiscal reforms and foreign inflows.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский язык
  • Français
  • Deutsch
  • Português (Portugal)
  • ภาษาไทย
  • Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)