If we are going to make a trip to egypt It is important to know that the current currency of Egypt It is the Egyptian Pound. We will currently find in Egypt to two officially issuing entities of the currency: Central Bank of Egypt and the Government.
Each Egyptian pound It is divided into one hundred piasters, with the existing denominations in the country: 200, 100.50, 20, 10, 5, 1 (Banknotes in pounds); 50, 25, 10, 5 (Tickets in piastras); 10, 5, 1 ½ (Currency in piastras). The difference between the two entities is that the Government only issues low denomination bills such as those of 5, 10, 25 and 50 piasters.
If we are going to travel to Egypt, we must know that we will not be allowed to take egyptian coins outside the country, so it is recommended to bring American dollars or euros and go changing them to Egyptian currency according to our consumption (in addition, it is ideal to make the currency exchange in authorized exchange offices, banks and hotels). Currently the approximate change is 8.71 Egyptian Pounds for each euro.
In many cases it will not be necessary to make the currency exchange as most of travel agencies, department stores, restaurants, bars, and others, accept credit cards.