Average Foreign Exchange Manager Salary in Egypt for 2026
A foreign exchange manager in Egypt earns about 181,600 EGP a year. That's 62% above the national average of 111,900 EGP.
Pay ranges widely from country to country and from role to role. The lowest reported salaries in Egypt sit around 85,700 EGP a year, while the very top stretches to 282,500 EGP. Everything on this page is in Egyptian pound (EGP, symbol £), which lets you compare numbers like-for-like without worrying about exchange rates.
The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Egypt, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.
How much does a foreign exchange manager make in Egypt?
A typical foreign exchange manager working in Egypt brings home around 15,133 EGP a month before tax. Entry-level pay starts near 85,700 EGP, and the top of the ladder reaches roughly 282,500 EGP for the most experienced and specialised people in the role.
The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior foreign exchange manager working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.
How foreign exchange manager pay ranges in Egypt
A good way to think about salary in Egypt is to look at the distribution rather than the headline average. Half of all foreign exchange managers in Egypt earn less than 189,300 EGP a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".
Looking at the quartiles fills in the picture. A quarter of earners take home less than 125,100 EGP (the 25th percentile), and a quarter clear 246,200 EGP (the 75th percentile). The middle 50% of foreign exchange managers sit somewhere inside that band, which is where the typical reader of this page probably lives.
The very lowest reported salaries sit around 85,700 EGP. The highest stretch to 282,500 EGP, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.
Foreign exchange manager pay by experience in Egypt
Years of experience is the single biggest lever on pay for a foreign exchange manager in Egypt, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical foreign exchange manager salary changes as you move through the career ladder.
- 0-2 Years102,380 EGP
- 2-5 Years+39% from previous142,300 EGP
- 5-10 Years+34% from previous190,500 EGP
- 10-15 Years+22% from previous232,400 EGP
- 15-20 Years+7% from previous247,800 EGP
- 20+ Years+10% from previous273,300 EGP
The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 39%. That is the point at which a foreign exchange manager typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.
Foreign exchange manager pay by education in Egypt
Education sits alongside experience as one of the biggest factors driving foreign exchange manager pay in Egypt. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.
Below is the average foreign exchange manager salary in Egypt broken down by the highest level of education a worker has completed.
- Bachelor's Degree159,400 EGP
- Master's Degree+43% from previous228,000 EGP
Foreign exchange manager gender pay gap in Egypt
The gender pay gap is a stubborn feature of almost every labour market, and Egypt is no exception. Male foreign exchange managers in Egypt earn an average of 191,600 EGP a year, while female foreign exchange managers earn around 176,800 EGP. That works out to a 8% gap in favour of men, even when comparing people doing the same work.
A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.
Foreign Exchange Manager gender pay gap
8%
Men earn this much more than women on average in Egypt.
Pay raises for a foreign exchange manager in Egypt
Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.
A typical worker doing this role in Egypt sees a raise of about 14% every 17 months, which works out to roughly 10% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.
Across all jobs in Egypt, the national average raise is around 9% every 17 months.
By industry
Industries with the highest pay raises in Egypt:
- Banking1%
- Energy2%
- Information Technology
- Healthcare
- Travel
- Construction
- Education
By experience level
Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.
- Junior Level3% - 5%
- Mid-Career
- Senior Level
- Top Management
Foreign exchange manager bonus rates in Egypt
Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.
83% of foreign exchange managers in Egypt reported a bonus of some kind in the past twelve months. That makes a foreign exchange manager a high-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.
Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 5% to 9% of base salary. The remaining 17% of foreign exchange managers reported no bonus at all over the same period.
Which careers pay bonuses in Egypt
Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.
- Finance
- Architecture
- Sales
- Business Development
- Marketing / Advertising
- Information Technology
- Healthcare
- Insurance
- Customer Service
- Human Resources
- Construction
- Transport
- Hospitality
Foreign exchange manager: public vs private sector pay
Public-sector pay in Egypt is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.
Public vs private pay gap
7%
Public-sector workers earn this much more than private-sector workers in Egypt on average.
Foreign exchange manager salary by city in Egypt
Foreign exchange manager pay is not even across Egypt. The chart below shows the highest-paying cities in the dataset, followed by the full location table.
- Cairo
- Alexandria
- Sharm el-Sheikh
| Location | Type | Average | Median | Range |
|---|---|---|---|---|
| Cairo | City | 185,100 EGP | 192,600 EGP | 88,600-288,700 EGP |
| Alexandria | City | 180,500 EGP | 194,600 EGP | 83,420-288,100 EGP |
| Sharm el-Sheikh | City | 159,500 EGP | 152,300 EGP | 83,200-245,300 EGP |
Foreign Exchange Manager in Egypt: FAQs
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How much does a foreign exchange manager make per month in Egypt?
A foreign exchange manager in Egypt earns about 15,133 EGP a month before tax, based on an annual average of 181,600 EGP.
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What's the salary range for a foreign exchange manager in Egypt?
Entry-level foreign exchange managers in Egypt start near 85,700 EGP. Top-end pay reaches around 282,500 EGP. The middle 50% of earners sit between 125,100 and 246,200 EGP.
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Is the median foreign exchange manager salary in Egypt higher or lower than the average?
The median is 189,300 EGP, higher than the average of 181,600 EGP. Half of foreign exchange managers in Egypt earn below the median, half earn above it.
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What's the gender pay gap for foreign exchange managers in Egypt?
Men working as a foreign exchange manager in Egypt earn around 8% more than women on average (191,600 vs 176,800 EGP a year).
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Do foreign exchange managers in Egypt get bonuses?
About 83% of foreign exchange managers in Egypt reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 9% of base salary.
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Do foreign exchange managers earn more in the public or private sector in Egypt?
In Egypt, the public sector pays a foreign exchange manager about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.
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How often do foreign exchange managers in Egypt get a pay raise?
A foreign exchange manager in Egypt sees a raise of around 14% every 17 months, equivalent to roughly 10% a year.