• Remittances from Egyptians abroad surged 47.2% to USD 26.6B in the first eight months of 2025.
• The jump follows exchange rate liberalization in March 2024, which boosted confidence and encouraged use of official transfer channels.
• Strong remittance inflows support Egypt’s foreign reserves and mark recovery after two years of global inflation and currency volatility.

Remittances

Money is flowing home fast, remittances from Egyptians abroad surged sharply in the first eight months of 2025. 

According to the Central Bank of Egypt, remittances increased by 47.2% in the first eight months of 2025, reaching USD 26.6 billion. This compares to roughly USD 18.1 billion during the same period in 2024,

 In August 2025, remittances grew by 32.6%, totaling nearly USD 3.5 billion, up from USD 2.6 billion in August 2024. Notably, remittances reached around USD 3.8 billion in July 2025, marking one of the strongest monthly performances of the year.

Foreign Currency

The increase in remittances can be attributed to the stability of the exchange rate following its liberalization in March 2024.  

The improvement in Egypt’s economic indicators increased confidence in the country’s economy. This has in turn positively impacted foreign currency inflows. Remittances is one of Egypt’s largest sources of foreign currency which contributes to maintaining currency stability and meeting external obligations.

This comes amid ongoing efforts by the government and the Central Bank to stabilize the exchange rate and strengthen external balances.

The data signal a sustained recovery after a period of volatility in foreign transfers during the previous two years, when global inflation and currency pressures weighed on Egyptian expatriates’ ability to send money home.
Bottom line: Egypt’s remittance surge highlights renewed economic confidence, stronger foreign reserves, and the positive impact of currency reforms on financial stability.