Egyptian pound what can you buy

Foreign exchange providers are notorious for charging commission on transactions so make sure you ask first before you transact and check your receipt carefully. Rest assured at eurochange we do not charge any commission. We have branches on High Streets and in Shopping Centres throughout England, Scotland and Wales, all staffed by our friendly teams of exchange experts.

On your doorstep, when you need us…. This site uses cookies and by using this site you are consenting to this. Find out why we use cookies and how to manage your settings. Covid Testing Services. Personal Business. Find your nearest branch or opt for home delivery. Thousands of branches also offer currency services if you prefer to pop in to order your travel money. Use our branch finder and select the foreign currency option to locate branches closest to you that can help.

If you order by 3pm then your currency will be ready to pick up the next working day. And if you choose delivery before 3pm, it will be sent by Royal Mail Special Delivery Guaranteed by 1pm to arrive at yours usually the next working day. The smallest denomination of currency available is 5 piastres, however this is such an insignificant sum as to render such coins virtually worthless it is roughly equivalent to 0. More travel products, services and currencies to get you all set for your trip.

Skip to main content. Trending searches Where is my nearest branch? Other services. Home Travel Money Egyptian Pounds. Buy travel money Cash. Travel Money Card. Today's Rate 1 GBP 1. Place order. Delivered to your home in days Accepted in 36 million locations in over countries Stores up to 23 currencies Manage via our free Travel app. Learn more about the Travel Money Card here.

Top up card Order new card. But have you got your travel money? The currencies in circulation at this time were gold sterling pounds and Egyptian banknotes convertible to gold. In , the government approved a special decree to make the Egyptian pound banknote the basic monetary unit.

They then changed the basis of the national monetary system into standard paper money. In , the Central Bank started issuing banknotes in different denominations. Over the years, the need for banknotes grew due to a stronger economy and different political factors, so the Central Bank started issuing banknotes in larger denominations. Initially, the legal exchange rates for the Egyptian pound were fixed to important foreign currencies. This became acceptable in the settlement of internal transactions.

Eventually, it led to Egypt using the de facto gold standard until When World War I broke out, the Egyptian pound used a sterling peg at one pound and sixpence sterling to one Egyptian pound. Currently, it is not fixed to any currency, so exchange rates can fluctuate quite a bit. Banks update the exchange rates every day, so make sure to check the going exchange rate before you change your money.

The smaller the denomination of Egyptian pound banknotes, the smaller its physical size. Therefore, pound notes are the largest, and piaster notes are the smallest. All Egyptian notes have an Arabic face and an English face.

The Arabic side has pictures of Islamic buildings in Egypt. The English side shows ancient Egyptian motifs with engravings of figures, statues, and temples. The coins include pictures of pharaohs, pyramids, and past dynasties, including Tutankhamun, Cleopatra, and the Pyramids of Giza. The myth of King Tut is world-famous, and his is one of just a few perfectly preserved Egyptian Royal Tombs.

Cleopatra also makes a fitting face for a coin, as a strong woman able to hold a country together throughout warfare in a male-dominated society. In , for the first time in the history of Egyptian banknotes, a watermark was used in issued banknotes.