Currency exchange in Egypt

The official currency of Egypt is the Egyptian pound and is abbreviated EGP or LE. Although LE is the most common abbreviation in Latin script and comes from the French name livre égyptienne, but according to ISO 4217 is the official abbreviation with EGP.

The Egyptian pounds are divided into 100 piasters and the Egyptian notes are divided into 1, 5, 10, 20, 50, 100 and 200 LE / EGP.

If you are planning a holiday in Egypt, you have the opportunity to exchange money at your home bank, but at a worse rate than directly in Egypt itself. Another or the first and better suburb – possibility to exchange money in Egypt from Euros to Egyptian Pounds, is available in the airports of Egypt at the exchange counter, where you can also buy the visa.

You can exchange or change money directly at the airport, at the machine in Egypt or directly in a bank branch.

The sooner faster and easier way to get Egyptian pounds is to take the direct route to the ATM. You can conveniently go to an ATM with your debit card or debit card and withdraw money from your checking account and get paid out on Egyptian pounds immediately. However, fees may apply to the transactions themselves, how much they may be depends on your bank and should be clarified before traveling to Egypt.

A few more tips to consider when you want to exchange money in your holiday in Egypt. If you change money in the banks or exchange money at the machines, you should make sure that you not only give or pay large bills but also small bills. For the simple reason, it allows you to easily pay for taxis, smaller purchases in the supermarkets and numerous souvenir shops, at street vendors in the bazaars and for tipping at the hotel as well as in the restaurants and cafes. In the souvenir shops, especially in front of the hotels, you also have the opportunity to pay with euros, but it is helpful in the national currency so in Egyptian pounds to pay. Likewise with taxi rides, you should first negotiate the price and after arrival at the destination, give the driver, if possible, the money fitting. Otherwise, most drivers claim that they can not change.

Nothing is more exciting with the Egyptian pounds in the bag to go through the shops and thus a bit to dive into the local culture.

The current price is:

1 Euro = 18,00 LE

1 franc = 17.8029 LE

This information is without rifle as the price changes. It is better to look in the currency converter to query the current exchange rate for money.

Summary of the currency exchange in Egypt:

It is best to exchange money on the spot, at the airport, bank branches, ATMs
rather pay in local currency
Paying cashless by credit card (American Express or Visa) is only possible in hotels and facilities and is sometimes expensive
The same applies to withdrawing money from machines
Small money for the occasional baksheesh / tip behind
large amounts, along with the credit cards and your passport never keep your body, but safe in the hotel

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Currency exchange in Egypt

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