Compare our latest Egyptian Pound rates from top travel money providers and find the best deals for your holiday spending.
We're on a mission to improve the finances of the nation by helping you to spend wisely and save money
We're on a mission to improve the finances of the nation by helping you to spend wisely and save money
By Laura Rettie, Personal Finance Journalist.
When looking for travel money, you want to make sure you're getting the best deal. Discover the latest Egyptian pound exchange rates and get the best deal for your next trip.
The Egyptian pound (EGP) is the official currency of Egypt. Egypt is the only country to use the Egyptian pound officially, but it is commonly used unofficially in parts of Gaza.
Egyptian pounds can be ordered online from a number of providers who will give you the option of either delivery or collection. For the most part, online providers will offer competitive exchange rates and low fees, but it's worth comparing different providers to ensure you get a good deal.
You'll often find you get the best deals by buying Egyptian pounds before you leave, although in big cities and tourist areas, there will be ATMs and shops and restaurants that will accept most major debit and credit cards. Waiting until you're in Egypt could be an expensive option, depending on your card provider's exchange rates and foreign transaction fees.
If you dislike travelling with a large amount of cash, you could consider a prepaid travel card, or if you're a regular traveller, a travel credit card could be a good option too. These cards will come with a locked-in exchange rate and are designed to be used abroad, so will also often have the lowest, or even no, foreign transaction fees.
Knowing how much cash to take on holiday can be tough, and we've all returned from a trip with leftover foreign currency.
Many providers will now offer a buyback guarantee, where they will promise to buy back any Egyptian pounds you have left after your holiday for the same exchange rate you purchased it for.
When travelling into or out of Egypt, you can carry without declaration 5,000 Egyptian pounds or any other currency up to a maximum value of 10,000 US Dollars.
The Egyptian pound is divided into 100 piastres and is a mostly note-based currency. Egyptian pounds come in notes of 1, 5, 10, 20, 50, 100 and 200 EGP and 5, 10, 25 and 50 piastre. Coins also come in 1 EGP and 1, 5, 10, 20, 25 and 50 piastre.
The information provided does not constitute financial advice, it’s always important to do your own research to ensure a financial product is right for your circumstances. If you’re unsure you should contact an independent financial advisor.
You are able to buy travel money with a credit card, but exchanging currency is often treated like a cash withdrawal and so could end up being costly. It's usually better to buy currencies with a debit card.
You'll often find the best exchange rates when ordering currency online. Like with any online transaction, though, you do need to be careful. As long as you order from a reputable provider, buying currencies online is completely safe. It's a good idea to compare your options, read customer reviews and make sure you use a reliable service.
