{"id":3329,"date":"2023-02-20T20:14:19","date_gmt":"2023-02-20T20:14:19","guid":{"rendered":"https:\/\/queeny-of-the-nile.com\/english\/?page_id=3329"},"modified":"2024-03-04T21:34:53","modified_gmt":"2024-03-04T20:34:53","slug":"egypt-currency","status":"publish","type":"page","link":"https:\/\/queeny-of-the-nile.com\/english\/egypt-currency\/","title":{"rendered":"Egypt Currency"},"content":{"rendered":"
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Egypt Currency: Egyptian Pound.<\/h3>\n

The Egyptian pound is the Egypt Currency. A pound is divided into 100 piasters and 1000 milli\u00e8mes. ISO code EGP.<\/p>\n

The Arabic name is Guinea (Arabic \u062c\u0646\u064a\u0647 dschunaih, DMG \u01e7unayh; pronounced gin\u0113h in Egyptian Arabic). The common abbreviation of the Egyptian pound in Latin script is LE (also egypt \u00a3 and E\u00a3), from the French name livre \u00e9gyptienne.<\/p>\n

Distribution<\/h4>\n

The Egyptian pound is the official Egypt Currency. It is also used as an unofficial currency in the Gaza Strip alongside the official Israeli shekel there.<\/p>\n

Cash: Coins<\/h4>\n

There are circulation coins in denominations of 5, 10, 20 and 50 piasters and, since 2006, also in denominations of 25 piasters and 1 pound. The structure of the 1 pound coin is reminiscent of the 2 euro coin and has the motif of Tutankhamun. Cleopatra is depicted on the 50 piaster coin. The older version of the 25 piaster coin is a hole coin. The technical parameters of the 1 pound coin (with a market value of around 5 euro cents) make it possible to confuse it with the 2 euro coin.<\/p>\n

The 1, 2, 5 and 10 milli\u00e8mes as well as the 1 and 2 piaster coins are no longer valid.<\/p>\n

Banknotes<\/h4>\n

Banknotes come in denominations of 5, 10, 25 and 50 piasters and 1, 5, 10, 20, 50, 100 and 200 pounds. Since money is transported in Egypt either as a simply folded bundle, often with a money clip, or in wallets without a coin compartment, coins play no role in everyday payment transactions, practically only banknotes circulate. There is also a shortage of banknotes in denominations under 20 pounds.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n

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5-pound Egyptian banknote (By Jack11 Poland – Own work, CC BY-SA 3.0)<\/figcaption><\/figure>\n

Read more here on Wikipedia.<\/a><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Egypt Currency: Egyptian Pound. The Egyptian pound is the Egypt Currency. A pound is divided into 100 piasters and 1000 milli\u00e8mes. ISO code EGP. The Arabic name is Guinea (Arabic \u062c\u0646\u064a\u0647 dschunaih, DMG \u01e7unayh; pronounced gin\u0113h in Egyptian Arabic). The common abbreviation of the Egyptian pound in Latin script is LE (also egypt \u00a3 and …<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-builder.php","meta":{"footnotes":""},"class_list":["post-3329","page","type-page","status-publish","hentry"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t