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🇪🇺 EUR to 🇪🇬 EGPEuro to Egyptian Pound (LE) Rate Today

Indicative interbank rate. Interbank rate updated 24 Jul 21:00 UTC (3h ago) · ExchangeRate-API (interbank)

Convert Euro to Egyptian Pound using the live indicative interbank rate and the converter below. Covers the cost of sending to Egypt via the major mobile money apps.

LiveUpdated 24 Jul 21:00 UTC (3h ago)
1 EUR = 58.50 EGP

EUR to EGP rate change

Rate tracking started 9 June 2026. Longer windows fill in as history grows.

1 day
-0.1%
1 week
+1.1%
1 month
+3.3%
1 year

Change in the EUR→EGP rate. + means the Egyptian Pound weakened against the Euro; − means it strengthened.

Currency converter

You convert
🇪🇺EUR
Receives
🇪🇬5,850.00EGP
1 EUR = 58.50 EGP · Updated 2026-07-24 21:00

EUR → EGP conversion table

EUREGP
158.50
5292.50
10585.00
201,170.00
502,925.00
1005,850.00
20011,700.00
50029,250.00
1,00058,500.00
2,000117,000.00
5,000292,500.00
10,000585,000.00

Table computed at the indicative rate of 1 EUR = 58.50 EGP. Real operator-side values include a 1%-4% spread.

Euro to Egyptian Pound exchange rate history

Current: 1 EUR = 59 EGP
Low: 56High: 60
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What moves the Egyptian Pound rate

The Egyptian pound has seen sharp devaluations under the IMF programme; the March 2024 float and Gulf capital inflows reset it. Watch the central bank's managed crawl, Suez Canal receipts and Gulf-worker remittances.

About the Euro

The Euro (EUR, €) is the official currency of 20 European Union member states and the anchor of one of the most consequential fixed-peg arrangements in African monetary history. The Euro is issued by the European Central Bank in Frankfurt and is the second-largest reserve currency after the USD. Two African monetary unions — the West African Economic and Monetary Union (UEMOA / XOF) and the Central African Economic and Monetary Community (CEMAC / XAF) — peg their CFA francs to the EUR at the fixed rate of 655.957 CFA = 1 EUR. The peg has been in continuous operation since the 1999 introduction of the Euro, and replaced the prior French franc peg. For diaspora remitters in France, Belgium, Italy, Spain, Portugal and Germany, the EUR is the dominant send currency for the WAEMU and CEMAC routes.

About the Egyptian Pound

The Egyptian Pound (EGP, ج.م) is the official currency of Egypt, issued by the Central Bank of Egypt (CBE) and subdivided into 100 piastres. Egypt moved to a flexible, market-determined exchange rate in March 2024 under an IMF-supported programme, and the Pound subsequently traded substantially weaker — settling around EGP 50-52 per USD through 2025-2026 from the long-administered ~EGP 30 level. Egypt is among the world's largest remittance recipients, with Gulf-based workers (Saudi Arabia, the UAE and Kuwait) the dominant source; the CBE has prioritised channelling these inflows into formal rails, including instant credit to mobile wallets and InstaPay. Egypt is also a major importer of Chinese goods, making the CNY/EGP cross relevant to importers planning supplier payments. For inbound flows landing in Vodafone Cash or InstaPay, the formal-channel EGP rate now tracks the interbank reference far more closely than under the prior peg.

Related pairs

FAQ

What is the EUR/EGP exchange rate today?
The indicative rate is 1 EUR = 58.50 EGP, updated 2026-07-24. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 EUR in EGP?
100 EUR ≈ 5,850.00 EGP at the indicative rate. For 100 EUR: 5,850.00 EGP. Use the converter above to try other amounts.
What's the best way to send Euro to Egypt?
For EUR to Egypt transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and traditional bank rails. The fee structure varies by amount and receiving method.
Is the Egyptian Pound a stable currency?
The Egyptian Pound (EGP, ج.م) is the official currency of Egypt, issued by the Central Bank of Egypt (CBE) and subdivided into 100 piastres. Egypt moved to a flexible, market-determined exchange rate in March 2024 under an IMF-supported programme, and the Pound subsequently traded substantially weaker — settling around EGP 50-52 per USD through 2025-2026 from the long-administered ~EGP 30 level.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Egypt, see the inbound transfer comparison.