What to spend your pounds on
Single trip on the Cairo metro
Bottle of water from the market
Guided dive in Shark’s Bay
Camel ride in Sharm El Sheikh
Day-tour of Coptic Cairo, the city’s old town
1,678 EGP (price for up to eight people)
Must-sees in Egypt
Piling up the pounds
The Egyptian pound (EGP) became the country’s official currency in 1834, replacing the piastre that was in circulation beforehand. It has been overseen by the Central Bank of Egypt since 1961.
One pound consists of 100 piasters (keeping the heritage of the former currency alive), but given the very low value of single pounds, trading is rarely done in piasters. Therefore, it’s a good idea to keep plenty of one pound coins to hand so you can settle small bills – these coins are decorated with the image of Tutankhamun’s mask.
Make sure you have plenty of the smaller notes at the market or in a taxi – if sellers see larger notes in your hand, they will try to charge you more. Smaller bills will help you get the best possible deal.
Frequently used banknotes
Like its namesake, British Pound GBP, the Egyptian banknotes start with 5 pounds (blue). The other notes in circulation are to the value of 10 (pink), 20 (green), 50 (brown), 100 (purple) and 200 (olive).
Buying Egyptian pound online is easy
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- 1. Select your currency
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- 2. Choose how to get it
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- 3. Pay online
Use either your debit card or credit card and you’re all set