The Egypt Pound is the official currency of Egypt, and it's represented by the symbol EGP. The EGP is subdivided into 100 piasters.
You might be wondering what the history behind the Egypt Pound is. The currency was introduced in 1834, replacing the Egyptian piastre.
The Egypt Pound is pegged to the US Dollar, with a fixed exchange rate of 1 USD to 18.75 EGP. This means that the value of the Egypt Pound is directly tied to the value of the US Dollar.
What is the Egyptian Pound?
The Egyptian Pound is the official currency of Egypt, and it's also known as the EGP. It's used by over 100 million people in Egypt.
The Egyptian Pound is subdivided into 100 piastres, but piastres are no longer used in everyday transactions. The currency has undergone several changes since its introduction in 1834.
You can find the Egyptian Pound symbol, E£, on signs and advertisements throughout Egypt, and it's also used on currency exchange boards and online transactions.
Frequently Asked Questions
How do you write Egyptian Pounds?
You can write Egyptian Pounds as E£ or LE, with E£ being the ISO 4217 designation and LE representing the French term "livre égyptienne
Sources
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