The Egyptian pound experienced a significant drop against the U.S. Dollar on Thursday, February 19, 2026, as market dynamics shifted. The currency lost approximately 50 piasters against the dollar during trading, according to Investing.com.
As of 2:03 PM local time, the exchange rate showed considerable variation across Egyptian banks. Banklive.net reported that Next Bank offered the most favorable rate for purchasing U.S. Dollars at 47.56 Egyptian pounds, while Banque du Caire provided the best rate for selling dollars at 47.06 Egyptian pounds.
The global USD/EGP rate stood at 47.5505, showing no percentage change with a minimal fluctuation of 0.0005, as per available data. Several banks reported similar rates, with minor variations. Here’s a snapshot of rates as of February 19, 2026:
- Next Bank: Buying at 47.56 EGP (up 0.16%), Selling at 47.66 EGP (up 0.16%)
- CIB: Buying at 47.55 EGP (up 0.02%), Selling at 47.65 EGP (up 0.02%)
- QNB Al Ahli: Buying at 47.54 EGP (up 0.17%), Selling at 47.64 EGP (up 0.17%)
- Arab African International Bank: Buying at 47.54 EGP (up 0.14%), Selling at 47.64 EGP (up 0.14%)
- Crédit Agricole: Buying at 47.54 EGP (down 0.04%), Selling at 47.64 EGP (down 0.04%)
- AIB: Buying at 47.54 EGP (up 0.04%), Selling at 47.64 EGP (up 0.04%)
- The United Bank: Buying at 47.54 EGP (down 0.04%), Selling at 47.64 EGP (down 0.04%)
- Banque Misr: Buying at 47.51 EGP (up 0.18%), Selling at 47.61 EGP (up 0.18%)
- SAIB: Buying at 47.50 EGP (down 0.02%), Selling at 47.60 EGP (down 0.02%)
- Abu Dhabi Islamic Bank: Buying at 47.50 EGP (up 0.52%), Selling at 47.60 EGP (up 0.52%)
- Faisal Islamic Bank: Buying at 47.50 EGP (down 0.04%), Selling at 47.60 EGP (down 0.04%)
- Al Baraka Bank: Buying at 47.50 EGP (up 0.15%), Selling at 47.60 EGP (up 0.15%)
- National Bank of Egypt: Buying at 47.49 EGP (up 0.05%), Selling at 47.59 EGP (up 0.05%)
The Central Bank of Egypt (CBE) reported an exchange rate of 47.5177 EGP for purchases and 47.6566 EGP for sales, representing increases of 0.5751% and 0.5752% respectively, according to the CBE’s official statistics. This movement in the exchange rate reflects ongoing adjustments in the Egyptian currency market. The fluctuations highlight the sensitivity of the Egyptian pound to both domestic and international economic factors.
