Egyptian pound

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lb
1 pound banknote
Country: EgyptEgypt Egypt
Subdivision: 100 piastres = 1000 millièmes
ISO 4217 code : EGP
Abbreviation: LE ( French livre égyptienne ), less often E £
Exchange rate :
(29 Mar 2020)

EUR  = 17.516 EGP
100 EGP = 5.709 EUR

CHF  = 16.2773 EGP
100 EGP = 6.144 CHF

The Egyptian pound is the currency of Egypt . A pound is divided into 100 piastres and 1000 millièmes . The ISO 4217 code is EGP .

The Arabic name is Guinea ( Arabic جنيه dschunaih , DMG ǧunayh ; pronounced ginēh in Egyptian Arabic ). The common abbreviation for the Egyptian pound in Latin script is LE (also ägypt £ and E £ ), after the French name livre égyptienne .

distribution

The Egyptian pound is the official currency in Egypt. In addition, it is also used as an unofficial currency in the Gaza Strip, parallel to the Israeli shekel , which is officially valid there .

Cash

Coins

Circulation coins are available in denominations of 5, 10, 20 and 50 piastres and since 2006 also in denominations of 25 piastres and 1 pound. The structure of the 1 pound coin is reminiscent of the 2 euro coin and has the motif of Tutankhamun . Cleopatra is depicted on the 50 piasters coin . The older version of the 25 piasters coin is a perforated coin . The technical parameters of the 1 pound coin (with a market value of around 5 euro cents) can be confused with the 2 euro coin.

The 1, 2, 5 and 10 millièmes as well as the 1 and 2 piasters coins are no longer valid.

Banknotes

Banknotes come in denominations of 5, 10, 25 and 50 piastres and 1, 5, 10, 20, 50, 100 and 200 pounds. Since money is transported in Egypt either as a simply folded bundle, often with a money clip , or in wallets without a coin compartment, coins play no role in everyday payment transactions; practically only banknotes are in circulation. Furthermore, there is a shortage of banknotes of the smaller values ​​under 20 pounds.

See also

Web links

Commons : Egyptian Money  - Collection of Pictures, Videos and Audio Files

Individual evidence

  1. Helmut Kahnt, Bernd Knorr: Old dimensions, coins and weights. A lexicon. Bibliographisches Institut, Leipzig 1986, licensed edition Mannheim / Vienna / Zurich 1987, ISBN 3-411-02148-9 , p. 375.