What you should know about...
Egyptian Pounds (EGP)
The EGP is the official currency of Egypt, with the symbol E£.
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Egyptian Pounds to US Dollars: Exchange rates today
EGP | USD |
|---|---|
| 1 EGP | 0.01 USD |
| 10 EGP | 0.19 USD |
| 20 EGP | 0.38 USD |
| 50 EGP | 0.95 USD |
| 100 EGP | 1.91 USD |
| 250 EGP | 4.79 USD |
| 300 EGP | 5.75 USD |
| 500 EGP | 9.58 USD |
| 1,000 EGP | 19.17 USD |
| 2,000 EGP | 38.34 USD |
| 5,000 EGP | 95.86 USD |
| 10,000 EGP | 191.73 USD |
USD | EGP |
|---|---|
| 1 USD | 51.30 EGP |
| 10 USD | 513.03 EGP |
| 20 USD | 1,026.07 EGP |
| 50 USD | 2,565.18 EGP |
| 100 USD | 5,130.37 EGP |
| 250 USD | 12,825.94 EGP |
| 300 USD | 15,391.13 EGP |
| 500 USD | 25,651.89 EGP |
| 1,000 USD | 51,303.79 EGP |
| 2,000 USD | 102,607.58 EGP |
| 5,000 USD | 256,518.95 EGP |
| 10,000 USD | 513,316.97 EGP |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Egyptian Pounds
History
The Egyptian Pounds was established as the official currency of Egypt in 1834. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Egypt and Africa. Check our guide about the evolution of EGP to USD to learn more about their exchange rate history.Characteristics
The Egyptian Pounds is divided into Piastre. You'll find Egyptian Pounds banknotes in 1, 5, 10, 20, 50, 100, 200 pounds and coins in 1 pound; 5, 10, 20, 25, 50 piastres.Monetary policy
The Egyptian Pounds is managed by the Central Bank of Egypt, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Egypt.Currency exchange
The value of the Egyptian Pounds is determined by a floating exchange rate. This means its value can fluctuate based on global supply and demand, reflecting the country's economic strength and market conditions.
Facts table for the Egyptian Pounds (EGP)
| Currency name | Egyptian Pounds | |
| Currency code | EGP | |
| Currency symbol | E£ | |
| Minor unit | Piastre | |
| Minor unit symbol | pt | |
| Notes frequently used | 1, 5, 10, 20, 50, 100, 200 pounds | |
| Coins frequently used | 1 pound; 5, 10, 20, 25, 50 piastres | |
| Central bank | Central Bank of Egypt | |
| Users | Egypt |


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