egp
EGP - Egyptisch pond

The Egyptisch pond is the currency of Egypte. Our currency rankings show that the most popular Egyptisch pond exchange rate is the EGP to USD rate. The currency code for Egypt Pound is EGP, and the currency symbol is £. Below, you'll find Egyptisch pond rates and a currency converter.

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Before the 19th century, locally minted coins were used in Egypt due to the absence of an official currency in the country. In 1834, a parliamentary bill issued a new currency based on a bimetallic system made up of gold and silver. This bill was executed in 1836 and the Egyptian Pound replaced the Egyptian Piastre, which had been used since Egypt was a part of the Ottoman Empire. In 1885, the bimetallic standard was replaced with the single gold standard due to fluctuations in the value of silver.

In 1898, the National Bank of Egypt was formed, and began issuing the first banknotes a year later. These notes were convertible into gold until 1914, when the Egyptian Pound adopted a fixed exchange rate to the British Pound. In 1961, the Central Bank of Egypt was formed and was given the responsibility to manage and control the national currency. A year later, Egypt left the Sterling Area and pegged its value to the US Dollar until 1989. Today, the Egyptian Pound's exchange rate fluctuates while being closely managed by the central bank.

Egyptisch pond Stats

NameEgyptisch pond
Symbol£
Minor unit1/100 = Piastre
Minor unit symbolPt
Top EGP conversionEGP to USD
Top EGP chartEGP to USD chart

Egyptisch pond Profile

CoinsFreq used: Pt1, Pt5, Pt10, Pt20, Pt25, Pt50, £1
Bank notesFreq used: Pt5, Pt10, Pt25, Pt50, £1, £5, £10, £20, £50, £100, £200
Central bankCentral Bank of Egypt
Users
Egypte, Gazastrook

Live Currency Rates

CurrencyRateChange
EUR / USD1.09680
GBP / EUR1.19351
USD / JPY148.679
GBP / USD1.30905
USD / CHF0.857022
USD / CAD1.36664
EUR / JPY163.072
AUD / USD0.673635

Central Bank Rates

CurrencyInterest Rate
JPY-0.10%
CHF1.75%
EUR4.50%
USD5.50%
CAD5.00%
AUD4.35%
NZD5.50%
GBP5.25%