Purchasing Power Parity Calculator for Egypt (USD vs EGP)

What is Egypt's (EGP) equivalent in USD based on purchasing power?

Use this calculator to find purchasing power parity for Egypt's (EGP). Purchasing power parity (PPP) is a theory that estimates the amount of adjustment needed on the exchange rate between countries to make the exchange of goods and services of the two countries equal. This means that a good or service should have the same price in one country as it does in another country, after taking into account the exchange rate between the two countries.

Egypt Purchasing Power Parity

The current PPP rate for Egypt's (EGP) is 3.116.

What does this mean?

This means that 1 USD is euqivalent to 3.116 EGP in Egypt based on the general cost & standard of living in Egypt.

Source

World Bank 'Purchasing Power Parities and the Size of World Economies' - 2017 International Comparison Program