EGP black market rate on Aug 28, 2026: 50.66 per USD
On Friday, August 28, 2026, the US dollar traded at about 50.66 EGP on Egypt's parallel (black) market at the close of observations. The day opened at 50.66 EGP, reached a high of 50.95 and a low of 50.57, a trading range of 0.38 EGP (0.76%).
Across 288 observations, the average price to buy dollars was 50.72 EGP and the average price received when selling dollars was 50.97 EGP. Over the session the Egyptian Pound was broadly flat against the dollar (+0.01% from open to close).
Official rate vs black market rate on Aug 28, 2026
The official exchange rate published for Egypt on this date was 50.25 EGP per USD. The parallel-market close of 50.66 EGP therefore implied a premium of +0.82% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Aug 28, 2026 compares
Compared with the previous observed day (Aug 27, 2026, close 50.66 EGP), the rate moved +0.01%.
One week earlier (Aug 21, 2026) the close was 51.14 EGP, so the weekly change was -0.94%.
Thirty days earlier (Jul 29, 2026) the close was 51.23 EGP, a -1.11% move over the month.
How this daily figure is produced
ETCurrency samples Egypt's USD/EGP parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Aug 28, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Egyptian Pound black market rate on Aug 28, 2026?
- The USD to EGP parallel market rate closed at approximately 50.66 EGP per US dollar on Friday, August 28, 2026, after trading between 50.57 and 50.95 EGP.
- How much did the EGP move against the dollar that day?
- From an open of 50.66 to a close of 50.66 EGP, the parallel rate moved +0.01% on Aug 28, 2026.
- What was the gap between the official and black market EGP rate on that date?
- The official rate was 50.25 EGP per USD versus a parallel close of 50.66 EGP, a premium of +0.82%.
- Was the EGP black market rate higher or lower than the day before?
- Higher: the previous observed close was 50.66 EGP on Aug 27, 2026, a change of +0.01%.
Figures are aggregated parallel-market observations for Egypt in UTC and are indicative only; they are not a quote to trade. See the full USD → Egyptian Pound history or today's live rate.