What is the best currency to take to Egypt?
What’s the best currency to take to Egypt?
solved 03 years 1 Answer 206 views 0
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Answer ( 1 )
US dollar, pound sterling, and euro are accepted mainly in tourist areas and major cities. So generally you are expected to pay in Egyptian pounds, especially for trinkets or tipping, or in remote areas. The Egyptian pound is the official currency in Egypt and is commonly abbreviated as EGP, LE or E£. It is divided into 100 piastres or 1,000 millimes.
The cash allowed to be carried in or out of Egypt is limited to EGP 5,000 and USD 10,000 or its equivalent in other currencies. Any cash beyond the amount must be declared.
All these three currencies can be exchanged easily into EGP at the official exchange rate at any Egyptian bank, bank desk in airports, foreign exchange counter in most upper hotels, and even at the same place where you buy your entry visa upon arrival in Egypt.
Some credit cards or cash cards also can be used to withdraw Egyptian pound at any ATM in Egypt. Please check with your local banks before departure.