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Foreign Exchange Guide to Egypt

Read this currency guide to Egypt with money transfer and travel tips.   [USD/EGP=17.5655]

 
Egypt
Country Code:
EG
Domestic Currency:
Egyptian Pound
Symbol - Code:
£ EGP
Telephone Prefix:
+20

This is a foreign exchange guide to Egypt, the Egyptian Pound currency plus EGP transfers and travel tips.


In this Egypt currency guide we take a look at :

  1. Egyptian Pound info - general info about the Egyptian Pound
  2. Egyptian Pound in the markets - recent EGP moves and predictions from the FX markets
  3. Travelling in Egypt - currency & money saving tips
  4. Buying Egyptian Pound cash online - travel money for Egypt
  5. Sending money to Egypt - save on Egyptian Pound bank transfers to Egypt
  6. Egyptian Pound exchange rates - latest & historic exchange rates.

Egyptian Pound (EGP) general currency information


What is the Egyptian Pound currency code and symbol?

The three letter currency code for the Egyptian Pound is EGP and the symbol is £.


Which countries use the Egyptian Pound?

It is the domestic currency in Egypt.


Egyptian Pound (EGP) in the markets

The interactive chart below shows the USD to EGP exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.


USD-EGP 3 Month chart
Loading USD/EGP Chart
USDEGP currency converter

Travel, Currency and Money saving tips for Egypt

 

Arabic is the official language. Most people, though, also understand English. It is easy to get by with English, but it is recommended to learn a few Arabic words. It acts as an ice-breaker & does elicit a smile from most Egyptians. You can carry very little cash. It is sufficient to carry some Dollars/ Euros / Pounds to use at the airports during your flight to Egypt. Keep some more of these currencies as an emergency, to use when ATMs are not working. Do not drink water from anywhere. Stick to bottled water. Do not eat raw food, be careful where you eat salads or drink fresh juice & as a rule, eat food that’s piping hot.

What currency is used in Egypt?

The currency in Egypt is the Egyptian pound (LE). All major international currencies such as Euros, Pounds Sterling, US dollars, Canadian Dollars, Australian Dollars, etc. are recognized here to be exchanged for local currency. You may have some difficulty exchanging minor currencies. Strongly recommended to always ask bank clerk to give you small denominations of Egyptian pounds, they always will try to give you big notes of 200 or 100 pounds, smaller notes will help you a lot all over your stay.

In Egypt, most of the banks are open from Sunday to Thursday; working hours being 0830 to 1400, though banks at the airports and the major entry ports are open 24 hours daily. Most of the major credit/debit cards, such as American Express, MasterCard, Visa, all Euro cards and JCB, are widely accepted in various hotels and shops. If you want to use an ATM machine, they mostly accept Visa, MasterCard and Cirrus cards. If you can't find an ATM machine in your vicinity, you can still obtain cash if you go to any of the Misr Bank branches.

How do I get around in Egypt?

Travelling across Egypt can be tricky without proper planning. Distances by road are long & it is important to choose the right mode of transport to get to a place, if you want to avoid tiring out. All flights are mostly on time & your luggage reaches you, more often than not. At the airports, make sure you are alert…..flight boarding announcements are poor and often announced by the ground staff, without any public announcement system. Pick up a local SIM card for your mobile as soon as you reach Egypt…..it helps to make calls to your hotel / guide, as there are no coin operated public phones available.

In places along the Nile, you have plenty of options to travel back & forth from the east to west banks……feluccas, motorboats, the public ferry (baladi). Haggle hard for felucca & motor-boat prices. On road, you can use taxis or a Caleche (horse carriage). Both require haggling for prices. Obviously, locals pay considerably less than you do. Ask for what you feel is a fare price. If it does not work for them, they will refuse. You can always try the next cab. You can ask your hotel staff before leaving each morning, for approximate costs between some places......bargain based on that.

 

Travel money for Egypt

 

Save money and time by Ordering your Egyptian Pound online from Travelex, you get better rates and can pick up the EGP cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Egyptian Pound otherwise you may get much worst exchange rates.

   

Egypt Trip Checklist    

 
  1. Compare EGP travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Egypt
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Egypt

When searching around for information on how to get a good exchange rate when sending money to Egypt you need to start with finding out the latest Egyptian Pound foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to Egypt

When sending money to Egypt it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Egyptian Pound amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted EGP amount will be transfered to the recipient account you specify in Egypt.

Use our Send to EGP calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Egyptian Pound deposited into the recipient bank account and less margins and fees kept by the banks!

   

Bank Transfers to Egypt

Compare Transfer Rates

 

Popular EGP cross rates


EGP/USD - Egyptian Pound to United States Dollar - 10 Year History

DateExchange RatePeriod
10 Feb 20190.05681 Week
18 Jan 20190.05591 Month
21 Aug 20180.05606 Months
17 Feb 20180.05671 Year
17 Feb 20170.06252 Years
18 Feb 20140.14375 Years
19 Feb 20090.178810 Years

EGP/EUR - Egyptian Pound to Euro - 10 Year History

DateExchange RatePeriod
10 Feb 20190.05021 Week
18 Jan 20190.04921 Month
21 Aug 20180.04846 Months
17 Feb 20180.04571 Year
17 Feb 20170.05892 Years
18 Feb 20140.10445 Years
19 Feb 20090.141010 Years

EGP/GBP - Egyptian Pound to British Pound Sterling - 10 Year History

DateExchange RatePeriod
10 Feb 20190.04391 Week
18 Jan 20190.04341 Month
21 Aug 20180.04346 Months
17 Feb 20180.04041 Year
17 Feb 20170.05042 Years
18 Feb 20140.08615 Years
19 Feb 20090.124710 Years

EGP/JPY - Egyptian Pound to Japanese Yen - 10 Year History

DateExchange RatePeriod
10 Feb 20196.23671 Week
18 Jan 20196.13711 Month
21 Aug 20186.16386 Months
17 Feb 20186.02421 Year
17 Feb 20177.05672 Years
18 Feb 201414.69355 Years
19 Feb 200916.818510 Years

EGP/AUD - Egyptian Pound to Australian Dollar - 10 Year History

DateExchange RatePeriod
10 Feb 20190.08001 Week
18 Jan 20190.07801 Month
21 Aug 20180.07606 Months
17 Feb 20180.07171 Year
17 Feb 20170.08162 Years
18 Feb 20140.15925 Years
19 Feb 20090.276610 Years

EGP/CAD - Egyptian Pound to Canadian Dollar - 10 Year History

DateExchange RatePeriod
10 Feb 20190.07541 Week
18 Jan 20190.07411 Month
21 Aug 20180.07306 Months
17 Feb 20180.07121 Year
17 Feb 20170.08192 Years
18 Feb 20140.15745 Years
19 Feb 20090.224210 Years

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