EGP · EGP
Egyptian Pound (EGP)
The Egyptian Pound (EGP) is the official currency of Egypt. This page provides key facts, history, and usage information.
Convert this currency
Converted amount
0.0201 USD
Exchange rate
1 EGP = 0.020105 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
EGP · Egyptian Pound
Egyptian Pound (EGP) Overview
The Egyptian Pound (EGP) is the official currency of the Arab Republic of Egypt, a country located in North Africa and the Middle East. It is issued and regulated by the Central Bank of Egypt. The currency is subdivided into 100 piastres (or qirsh). The symbol for the pound is E£ or ج.م (in Arabic).
The Egyptian Pound has a long history, dating back to 1834 when it replaced the Egyptian piastre as the main unit of account. Over the years, the currency has undergone various changes, including shifts in exchange rate regimes. In 2016, Egypt floated the pound, leading to significant depreciation, and since then, the exchange rate has been market-driven, with periodic interventions by the central bank.
The EGP is used in all economic transactions within Egypt, including trade, investment, and daily purchases. It is also accepted in some neighboring countries and tourist areas. For travelers and businesses, understanding the current exchange rate and any restrictions on currency conversion is important. The Central Bank of Egypt provides official exchange rates, and it is advisable to check with authorized banks or exchange offices for the most up-to-date information.
- Code
- EGP
- Symbol
- EGP
- Current rate
- USD / EGP
Currency information
Last updated · 8/7/2026
The Egyptian pound was introduced in 1834, replacing the Egyptian piastre as the unit of account.
- Official name
- Egyptian Pound
- Legal tender status
- Legal tender in Egypt
- Decimal places
- 2
- Minor unit
- Piastre · 1 EGP = 100 Piastre
- Countries
- Egypt
- Issuing authority
- Central Bank of Egypt
- Central bank
- Central Bank of Egypt · Official website
- Exchange-rate regime
- Managed float
Common banknotes
E£5 · E£10 · E£20 · E£50 · E£100 · E£200
Common coins
25 piastres · 50 piastres · E£1
Also known as
EGP · Egyptian Pound · E£
Practical notes
- The symbol E£ is commonly used.
- Banknotes are issued in denominations of 5, 10, 20, 50, 100, and 200 pounds.
Priority currency pairs
The most useful conversions for this currency.
Egyptian Pound questions
What is the EGP exchange rate?
The displayed rate is the latest available reference rate for USD/EGP. It can change throughout the day.
How can I convert EGP online?
Use the converter above to calculate indicative amounts between EGP and the other supported currencies.