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Egypt » Money

Currency

Egyptian Pound (EGP; symbol E£) = 100 piastres. Notes are in denominations of E£200, 100, 50, 20, 10, 5, 1, 50 piastres and 25 piastres. Coins are in denominations of 25, 20, 10 and 5 piastres.

British pounds sterling, Euros and the US Dollar are accepted everywhere although change may be given in Egyptian pounds.

Currency Exchange

Available at banks, official bureaux de change and most hotels. Banks often have better exchange rates than bureaux de change or hotels. All common international currencies are accepted.

Credit/Debit Cards and ATMs

American Express, Diners Club, MasterCard and Visa are widely accepted in all but the smallest hotels and restaurants throughout the country, except in the Western oases.

Traveller's Cheques

These are becoming less useful now that international ATMs are prevalent throughout the country. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars, Euros or Pounds Sterling.

Currency Restrictions

The import and export of local currency is limited to Eâ£5,000. The import and export of foreign currency is limited to US$10,000 or equivalent.

Banking Hours

Sun-Thurs 0830-1400.

Exchange Rate Indicators

1.00 GBP = 9.73 EGP
1.00 USD = 6.04 EGP
1.00 EUR = 7.94 EGP
Currency conversion rates as of 24 April 2012

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Information in this section was last updated: Wed May 23 2012