What kind of money is used in Egypt?
By international standards Egypt is still inexpensive. The currency in use is the Egyptian Pound or LE. Currently 1 US dollar converts to approximately 5.45 Egyptian Pounds. Egyptian currency ranges from 25 Piasters, a quarter pound, up to 1,000 pound notes. Unlike American bills, Egyptian currency is not the same size. The smaller the notes value, the smaller its physical size. Egyptian coins duplicate the value of 25 Piaster and 50 Piaster notes. American dollars and Euros are also widely accepted by vendors though the exchange rate with them may be less then favorable. Banks, ATM’s and money changers are easily accessible in the cities. Remember to tell your bank and credit card companies about your travel plans so that automatic fraud alerts can be turned off on your accounts. We recommended that you bring at least $500 in U.S. cash dollars per person with you in case you have trouble getting cash from the bank or ATM when you need it.
