Currency in Egypt: What to Know Before You Go

Planning a trip to Egypt? Understanding the currency and money matters is essential to ensure a smooth and enjoyable experience. From exchanging money to using cards, this guide covers everything you need to know about Egypt’s currency before you travel.

---

1. What Currency Does Egypt Use?

Egypt’s official currency is the Egyptian Pound, abbreviated as EGP or LE (Livre Egyptienne). Banknotes come in denominations of 1, 5, 10, 20, 50, 100, and 200 pounds, while coins range from 5 to 50 piastres (1 pound = 100 piastres).

---

2. Currency Exchange Tips

- Exchange Before You Go: You can exchange currency at airports, banks, and official exchange offices in Egypt. Airport rates tend to be less favorable, so consider exchanging some money before arriving.

- Avoid Black Market: Always use official exchange channels to avoid counterfeit notes.

- ATMs: Widely available in cities and tourist areas; ATMs usually dispense Egyptian Pounds. Notify your bank before traveling to avoid card blocks.

---

3. Using Credit and Debit Cards

- Major credit cards like Visa and MasterCard are accepted in hotels, restaurants, and shops in big cities and tourist hotspots.

- Smaller markets, street vendors, and rural areas mostly prefer cash.

- Always carry some cash for tips, small purchases, and places that don’t accept cards.

---

4. Bargaining and Pricing

- Bargaining is common in markets, especially in places like Khan El-Khalili bazaar in Cairo.

- Prices are usually quoted in Egyptian Pounds, but some tourist shops may accept US dollars or euros.

- It’s good to learn some basic Arabic numbers and phrases for bargaining.

---

5. Tips for Handling Money in Egypt

- Carry small denominations for ease of payment.

- Use a money belt or secure wallet to protect against pickpocketing.

- Keep receipts of currency exchange for any disputes.

- Avoid carrying large amounts of cash at once.

Understanding Egypt’s currency system and money etiquette can greatly enhance your travel experience. By preparing ahead, using official channels, and carrying the right mix of cash and cards, you’ll enjoy the wonders of Egypt without worrying about your finances.

---