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The Egyptian pound against the US dollar (2014–2026)

EGP per US dollar; the pound lost more than 85% of its value in ten years

"The pound lost more than 85% of its value between 2014 and 2024 through two flotations: the first was an IMF condition in 2016, and the second was the price of escaping the dollar crisis in 2024"

2014: starting point

EGP 7.15

March 2024: peak

~EGP 50

Loss

−85%

Source: Central Bank of Egypt / Reuters / Bloomberg