Egypt dollar rate August 12
The US dollar's exchange rate in Egypt experienced relative stability, ranging around 50.22 to 50.35 Egyptian pounds in banks on August 12, 2026, with most financial institutions recording similar rates. Similarly, the prices of Arab currencies, such as the Saudi riyal and the UAE dirham, remained stable against the Egyptian pound. This steadiness comes at a time when remittances from Egyptians working abroad increased by 33.2% over the first ten months of the 2025-2026 fiscal year, reaching approximately $39.2 billion. This reflects an improvement in foreign currency inflows and its positive impact on the local market.
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