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Home  >  World  > Africa  > Egypt

Money

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

Currency exchange: Available at banks and official bureaux de change. There are five national banks and 78 branches of foreign banks.

Credit & debit cards: MasterCard, American Express, Diners Club and Visa are accepted. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.

Travellers cheques: To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars or Pounds Sterling.

Currency restrictions: The import and export of local currency is restricted to E£1000. The import and export of foreign currency is unlimited.

Exchange rate indicators
The following figures are included as a guide to the movements of the Egyptian Pound against Sterling and the US Dollar:


DateMay ’02Aug ’02Nov ’02Feb ’03
£1.00=6.757.067.338.78
$1.00=4.634.654.635.52


Banking hours: Sun-Thurs 0830-1400.


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