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CAI to World - Currency Conversion Issue?

CAI to World - Currency Conversion Issue?

Old Mar 6, 2024, 7:30 am
  #1  
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Join Date: Feb 2016
Location: CLT
Posts: 1,867
CAI to World - Currency Conversion Issue?

At the moment, there seems to be some glitch with flight prices out of Cairo (CAI), Egypt. I'm not sure exactly what's going on, but no matter where you look, flight prices are discounted. I'm looking at flight prices in USD, so maybe an issue with currency conversion from EGP to USD?

It works with both roundtrip and one-way flights.

CAI - Asuncion (ASU) - $647 one-way (15 hrs in Qatar AIrways business for $647)
https://www.google.com/travel/flight...AAAHQAAAAAQyAE

Spoiler
 




CAI - Johannesburg, South Africa - $865 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQ2AQ

Spoiler
 




CAI - Seattle, Washington - $950 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQmBI

Spoiler
 




CAI - Nairobi, Kenya - $646 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQ0gM

Spoiler
 




CAI - London - $520 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQogE

Spoiler
 




CAI - Cape Town - $860 roundtrip
https://www.google.com/travel/flight...en-US&curr=USD

Spoiler
 




CAI - Male, Maldives - $625 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQnwc

Spoiler
 




CAI - Sydney, Australia - $1853 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQvAw

Spoiler
 




CAI - Shanghai, China - $1028 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQ0wo

Spoiler
 




CAI - New York - $1084 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQ-BA

Spoiler
 




CAI - Mumbai (BOM) - $548 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQlAg

Spoiler
 




CAI - Singapore (SIN) - $964 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQjgk

Spoiler
 




CAI - Denpasar, Bali (DPS) - $941 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQqAk

Spoiler
 




CAI - Hong Kong (HKG) - $1167 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQngo

Spoiler
 




CAI - Seoul (ICN) -$1112 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQ6wo

Spoiler
 




CAI - Tokyo - $1211 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQgQs

Spoiler
 




CAI - Perth (PER) - $2003 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQwg0

Spoiler
 




CAI - Auckland (AKL) - $2288
https://www.google.com/travel/flight...AAAHQAAAAAQjQ4

Spoiler
 




CAI - Pittsburgh - $922 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQ4xA

Spoiler
 




CAI - Los Angeles - $1379 roundtrip
https://www.google.com/travel/flight...en-US&curr=USD

Spoiler
 




CAI - Asuncion (ASU) - $879 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQ4RQ

Spoiler
 




CAI - Rio (GIG) - $1079 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQ_RQ

Spoiler
 




CAI - Santiago (SCL) - $1318 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQlBU

Spoiler
 




CAI - Kuala Lumpur - $979 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQowI

Spoiler
 




CAI - Bangkok (BKK) - $958 roundtrip
https://www.google.com/travel/flight...AAAHQAAAAAQjAI

Spoiler
 


There are many other options! These are just a few examples!

Last edited by cruser1; Mar 6, 2024 at 8:12 am
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Old Mar 6, 2024, 7:34 am
  #2  
 
Join Date: Sep 2010
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Posts: 40
Huge currency devaluation today. I guess they haven't repriced
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Old Mar 6, 2024, 7:35 am
  #3  
 
Join Date: Dec 2013
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Programs: BA, emirates
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EGP devalued by around 30% overnight after central bank moved to a floating exchange rate and hiked interest rates. I suspect this is the cause of the currency conversion issue
great finds though
Keter, Fed3x, cruser1 and 1 others like this.
Firstclassdave is offline  
Old Mar 6, 2024, 7:52 am
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Originally Posted by Firstclassdave
EGP devalued by around 30% overnight after central bank moved to a floating exchange rate and hiked interest rates. I suspect this is the cause of the currency conversion issue
great finds though
That would make sense! Thank you!
cruser1 is offline  
Old Mar 6, 2024, 7:59 am
  #5  
_fx
 
Join Date: Nov 2018
Location: NYC
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Are any of these actually bookable? Everything seems to reprice when you click through. Seems like the GF currency converter is just glitched due to the devaluation mentioned above.
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Old Mar 6, 2024, 8:03 am
  #6  
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Originally Posted by _fx
Are any of these actually bookable? Everything seems to reprice when you click through. Seems like the GF currency converter is just glitched due to the devaluation mentioned above.
I haven't tried all of them, but yes, a few can be booked at the displayed price.
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Old Mar 6, 2024, 8:31 am
  #7  
 
Join Date: Jul 2023
Location: YWG/BAH/DMM
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Dang it, was quoted 14,000 EGP for a OW to LHR, BA charged me 651 CAD. Oh well, gonna cancel it anyways.
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Old Mar 6, 2024, 8:58 am
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Visa/MC interbank forex rate not updated yet. Still reflects old pricing.
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Old Mar 6, 2024, 9:03 am
  #9  
 
Join Date: Jun 2014
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LH group flights can be put on hold for some nominal dollars and ticketed in two days to get the EGP devalued price.
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Old Mar 6, 2024, 9:14 am
  #10  
 
Join Date: Jul 2023
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Originally Posted by xfisgsm
Visa/MC interbank forex rate not updated yet. Still reflects old pricing.
Tried with Amex, booking went thru, let's see what happens.
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Old Mar 6, 2024, 9:51 am
  #11  
 
Join Date: Jan 2018
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Still working for anyone here?
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Old Mar 6, 2024, 10:03 am
  #12  
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TK quoted CAI to IST to YVR return for 69,820. But final price is calculated as EGP121,954.
cruser1 likes this.
Guy Betsy is offline  
Old Mar 6, 2024, 10:08 am
  #13  
 
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Posts: 262
Originally Posted by captainarabiia
Dang it, was quoted 14,000 EGP for a OW to LHR, BA charged me 651 CAD. Oh well, gonna cancel it anyways.
yeah, I hope you dont end up eating the FX volatility on the refund.
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Old Mar 6, 2024, 10:19 am
  #14  
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Originally Posted by _fx
Are any of these actually bookable? Everything seems to reprice when you click through. Seems like the GF currency converter is just glitched due to the devaluation mentioned above.
Looks like if the airline or OTA has you pay in EGP you get a deal, otherwise no-deal!
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Old Mar 6, 2024, 10:22 am
  #15  
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Originally Posted by captainarabiia
Dang it, was quoted 14,000 EGP for a OW to LHR, BA charged me 651 CAD. Oh well, gonna cancel it anyways.
Credit card exchange rates weren't updated this morning, so it's also possible you were charged the correct amount, but the currency conversion was wrong.

For example, Visa and Mastercard still think 1 EGP is 3.2 cents USD instead of the actual rate of about 2 cents USD.

https://www.mastercard.us/en-us/pers...-currency.html

https://usa.visa.com/support/consume...alculator.html









Last edited by cruser1; Mar 6, 2024 at 10:31 am
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