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The value of 100 EGP can be exchanged for approximately 6.5 USD, based on the current exchange rate.
In other currencies, 100 EGP is equivalent to about 13.50 CAD and 8.50 GBP.
To give you a better idea, 100 EGP is roughly the cost of a meal at a mid-range restaurant in Egypt.
Exchange Rates
The value of 1 pound sterling in Egyptian pounds has changed over time, with the official rate varying from E£0.975 in 1885 to E£64.46 in 2024.
In 2008, the official rate was E£10.0775, while in 2009, it dropped to E£8.50. As of 2022, the official rate was E£29.90, and by 2023, it had risen to E£39.31.
The parallel rate, on the other hand, was up to E£53 in 2023.
Here's a brief breakdown of the official rate from 1885 to 2024:
The exchange rate has fluctuated over the years, with some periods showing significant changes.
Currency Conversion
If you're looking to convert 100 Egyptian pounds to other currencies, you have several options.
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You can use a currency converter to find the current exchange rate, which is typically displayed in real-time. For example, as of the current data, 100 EGP is equivalent to €1.89.
To give you a better idea of the exchange rates, here's a breakdown of 100 EGP in different currencies:
These exchange rates can fluctuate over time, so it's essential to check the current rates before making any transactions.
Banknotes and History
The Egyptian pound has a rich history, with various banknotes being introduced over the years. In 1899, the National Bank of Egypt issued notes in denominations of 50 PT, £1, £5, £10, £50, and £100.
The Central Bank of Egypt took over in 1961 and introduced new notes with denominations of 25 and 50 piastres. The banknotes were bilingual, featuring Arabic texts and Eastern Arabic numerals on the obverse, and English texts and Western Arabic numerals on the reverse.
The designs on the obverse and reverse of the banknotes are quite interesting. The obverse often features an Islamic building, while the reverse showcases Ancient Egyptian motifs, such as buildings, statues, and inscriptions.
Here's a list of some of the current banknotes in circulation, along with their dimensions and main colors:
Banknotes
Banknotes have a rich history, and in Egypt, they've evolved over the years to become what we see today.
The National Bank of Egypt introduced banknotes in 1899, with denominations ranging from 50 PT to £100. These early banknotes were a significant step forward in Egypt's financial system.
In 1961, the Central Bank of Egypt took over from the National Bank and introduced new banknotes in denominations of 25 and 50 piastres. This move marked a significant change in Egypt's currency system.
Egyptian banknotes are bilingual, featuring Arabic texts and Eastern Arabic numerals on the obverse, and English texts and Western Arabic numerals on the reverse. This unique feature reflects the country's rich cultural heritage.
Obverse designs typically feature Islamic buildings, while reverse designs showcase Ancient Egyptian motifs, such as buildings, statues, and inscriptions. This blend of old and new is a testament to Egypt's rich history.
Here's a list of current Egyptian pound banknotes:
In 2021, the Central Bank of Egypt announced plans to introduce polymer notes, which were released in 2022 with the £10 note.
Exchange Rate History
The exchange rate history of the Egyptian pound is a fascinating topic. The official rate of 1 pound sterling in Egyptian pounds has fluctuated significantly over the years.
In 1885 to 1949, the official rate was a relatively stable E£0.975. Fast forward to 2008, and the rate had increased to E£10.0775. Over the next few years, the rate fluctuated between E£8.50 and E£12.03.
One interesting trend is the significant increase in the exchange rate in recent years. From 2016 to 2022, the rate rose from E£12.60 to E£24.70. And in 2023, the rate was E£24.75 to E£30.95, with a parallel rate up to E£53.
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Here's a rough breakdown of the exchange rate changes over the past few years:
The exchange rate has also been influenced by global economic trends. For example, in 2025, the exchange rate was E£100 = €1.89 on February 22nd, with a slight increase from the previous day's rate of E£100 = €1.88.
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