The exchange rate of the UAE dirham against the Egyptian pound remained steady during transactions on Monday, September 28, 2026. The average exchange rate of the Emirati currency in most Egyptian banks was around 14.05 pounds for purchase and 14.09 pounds for sale, with limited variations between banks according to the latest official updates.

In the Central Bank of Egypt, the UAE dirham was priced at 14.06 pounds for purchase and 14.10 pounds for sale, placing it among the highest exchange rates announced by the banks covered in the update. The purchase price reflects the value that the bank pays to buy the dirham from customers, while the selling price represents the value that the customer pays when buying the Emirati currency from the bank.

The exchange rates of the dirham in major banks such as the National Bank of Egypt and Banque Misr were identical, at 14.05 pounds for purchase and 14.09 pounds for sale. Similarly, the rate in Cairo Bank was around 14.05 pounds for purchase and 14.09 pounds for sale, indicating convergence in exchange rates among the three banks during today's transactions.

Other banks, including the Egyptian Gulf Bank (EG Bank), recorded a purchase price of 14.04 pounds for the UAE dirham, while the selling price was 14.09 pounds. The Baraka Bank also listed the same rate, at 14.04 pounds for purchase and 14.09 pounds for sale. The United Bank of Egypt set the purchase price of the dirham at 13.77 pounds, with a selling price of 14.09 pounds.

According to the official websites of the banks, the Abu Dhabi Islamic Bank recorded the highest purchase price for the UAE dirham from citizens, while the Kuwait National Bank listed the highest selling price. These variations indicate some differences in exchange rates among banks, but overall stability in the market.

The stability of the dirham exchange rate against the Egyptian pound reflects the relative calm in the foreign exchange market. This stability can be attributed to the efforts of the Central Bank of Egypt to manage the exchange rate and maintain economic stability in the country.

The current exchange rates are crucial for Egyptian citizens and businesses engaged in transactions with the UAE. With the exchange rate hovering around 14.05-14.09 pounds, individuals and companies can plan their financial activities with a degree of certainty, taking into account the minor variations between banks.

Key points

  • The UAE dirham exchange rate against the Egyptian pound remained stable in Egyptian banks on Monday, September 28, 2026.
  • The exchange rate ranged from 14.04 to 14.10 pounds across different banks.
  • The Central Bank of Egypt listed a rate of 14.06 pounds for purchase and 14.10 pounds for sale.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.