Egyptian Currency

The currency in Egypt is the Egyptian pound - usually abbreviated as EGP and sometimes, LE or L.E.. The 1/100th unit of EGP is the Piastre. The approximate exchange rate for 1 USD is 5.8 EGP as of December 2010. The Central Bank of Egypt controls the circulation of currency. As of May 2009, the currency notes in circulation have a denomination of EGP 200, 100, 50, 20, 5, 1 and Piastres 50, 25.

There is no limit on the amount of currency which the visitors may bring to Egypt, however, they must declare the currency and amount upon arrival and departure with bank receipts. If you are carrying Egyptian Currency, it should not exceed EGP 5,000.

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