Egyptian Pound (EGP)
What the Egyptian Pound is, who issues it, and where it's used, with a live converter preset to EGP.
Egyptian Pound (EGP)
- ISO code
- EGP
- Symbol
- E£ (ج.م)
- Subunit
- 100 piastres
- Issued by
- Central Bank of Egypt
- Exchange rate regime
- Floating (since 2024, after several devaluations)
The Egyptian pound has been devalued sharply several times since 2016, as Egypt moved from a tightly managed rate toward a more flexible exchange rate, most recently with a large devaluation and float in 2024. Before those moves, a significant gap sometimes opened up between the official rate and the rate on the parallel (black) market.
The pound is divided into 100 piastres, called qirsh in Arabic, and you'll still see prices given in piastres for small amounts. Tourism, remittances from Egyptians abroad, and Suez Canal fees are major sources of foreign currency for the country.
Where it's used
- Egypt
Convert EGP
| EGP | USD |
|---|---|
| 1 EGP | - |
| 5 EGP | - |
| 10 EGP | - |
| 25 EGP | - |
| 50 EGP | - |
| 100 EGP | - |
| 250 EGP | - |
| 500 EGP | - |
| 1,000 EGP | - |
| 5,000 EGP | - |
| 10,000 EGP | - |
| USD | EGP |
|---|---|
| 1 USD | - |
| 5 USD | - |
| 10 USD | - |
| 25 USD | - |
| 50 USD | - |
| 100 USD | - |
| 250 USD | - |
| 500 USD | - |
| 1,000 USD | - |
| 5,000 USD | - |
| 10,000 USD | - |
Calculated from the same live mid-market rate as the converter above. Your bank or card will usually quote a slightly worse rate plus any fees.