Egyptian Pounds, Using ATMs, Currency Exchange
Navigating money in Egypt can be straightforward with the right information. From exchanging currencies to understanding local customs, this guide covers all you need to know for a seamless financial experience.
The Egyptian Pound (EGP)
The official currency is the Egyptian Pound (EGP), abbreviated as E£ or LE. Banknotes come in denominations of 5, 10, 20, 50, 100, 200, and 500 EGP. For real-time conversions, use a currency converter Egypt tool to check rates like money in Egypt to USD, euro to Egyptian pound, or Egypt currency to INR.
Example:
- 1 USD ≈ 50.90 EGP (as of 2025).
- 1 Euro ≈ 33.50 EGP.
- 1 in Egyptian pounds (1 GBP) ≈ 39.20 EGP.
Tipping Culture in Egypt
Tipping (or baksheesh) is customary in Egypt. Small amounts of money in Egypt (10 -30 EGP) for services like tour guides or hotel staff are appreciated. Always carry local currency for tips.
Where Can I Exchange Money in Egypt?
Wondering where to buy Egyptian currency? Reliable options include:
- Licensed exchange bureaus (better rates than hotels).
- Banks (open Sunday-Thursday).
- Airports (convenient but rates may be lower).
For conversions like how much is 1000 Egypt currency to Naira, use online tools or check with your local bank.
Will My Credit Cards Work in Egypt?
Major credit cards (Visa, Mastercard) are accepted in hotels, upscale restaurants, and tourist areas. However, carry cash for markets, taxis, and rural areas.
How to Get Money in Egypt
- ATMs: Widely available in cities. Withdraw Egyptian pounds directly (check fees).
- Currency Exchange: Use trusted bureaus for euro to Egyptian pound or money in Egypt to USD transactions.
- Pre-Travel Exchange: Buy some EGP before arrival for immediate needs.
FAQ About Money in Egypt
What is the best currency to take to Egypt?
Carry USD or EUR for easy exchange, but use Egyptian pounds for daily transactions.
What’s the best way to pay for things in Egypt?
Use cash (EGP) for small purchases and cards for larger expenses.
Should I buy Egyptian pounds before I go?
Exchange a small amount for convenience, but get most money in Egypt locally for better rates.
How much is 1 Egyptian pound to 1 pound (GBP)?
As of 2023, 1 GBP ≈ 39.20 EGP. Check a currency converter Egypt for updates.
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