US Dollar
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British Pound
UAE Dirham
Australian Dollar
Singapore DollarThe currency of Egypt
Egyptian
PoundEGP
The currency of Egypt is the Egyptian pound (EGP), divided into 100 piastres and issued by the Central Bank of Egypt. Its rate has been market-determined since 6 March 2024: one Egyptian pound costs ₹1.91 at our selling rate right now.
- Code
- EGP
- Symbol
- E£ج.م
- Subunit
- 100 piastres
- In use since
- 1834
What is the currency of Egypt?
The currency of Egypt is the Egyptian pound, code EGP, written E£, or LE in English. One Egyptian pound is divided into 100 piastres, and the Central Bank of Egypt issues it. Egypt adopted its own monetary system in 1834, and the pound became the formal unit in 1885. Since 6 March 2024 its rate has been market-determined, so against the rupee it moves with the market: on 5 Oct 2026, one Egyptian pound was worth about ₹1.91 at our selling rate. A quote in EGP currency always means this pound and not the British pound, which is a separate currency at a different value.
Egyptian Pound at a glance
- Currency
- Egyptian poundIn Arabic, جنيه مصري
- Code
- EGPNumeric code 818
- Symbol
- E£, or LEج.م in Arabic; £E also appears
- Subunit
- 1 pound = 100 piastresQirsh in Arabic; the 25 and 50 piastre coins are in use
- Issuer
- Central Bank of EgyptTook over note issue from the National Bank of Egypt in 1961
- Introduced
- 1834The formal unit from 1885, on a gold standard
- Exchange rate
- FlexibleMarket-determined since 6 March 2024
- Used in
- Egypt
- Banknotes
- E£1, 5, 10, 20, 50, 100 and 200The E£10 (2022) and E£20 (2023) are polymer; every front shows a mosque
- Coins
- 25 piastres, 50 piastres and E£1The E£1 is bimetallic, with Tutankhamun's mask
Egypt currency notes and coins
Egyptian money comes as seven banknotes and three coins in everyday use. The E£10, issued on 5 July 2022, was the first polymer note, and the E£20 followed on 20 June 2023; paper and polymer notes of both values circulate together. Every front shows a mosque and every back an ancient scene. Each note is shown with what it costs in rupees at our selling rate today.
- Central Bank of EgyptOne poundE£1
One pound E£1
≈ ₹1.91 today- Colour
- Beige
- Front
- Mosque and mausoleum of Qaitbay in Cairo
- Back
- The Abu Simbel temples
- Central Bank of EgyptFive poundsE£5
Five pounds E£5
≈ ₹9.53 today- Colour
- Bluish-green
- Front
- Mosque of Ibn Tulun
- Back
- Hapi, the god of the Nile, with offerings
- Central Bank of EgyptTen poundsE£10
Ten pounds E£10
≈ ₹19.06 today- Colour
- Orange
- Front
- Al-Fattah Al-Aleem Mosque, in the new administrative capital
- Back
- A statue of Queen Hatshepsut
- Central Bank of EgyptTwenty poundsE£20
Twenty pounds E£20
≈ ₹38.12 today- Colour
- Mint green
- Front
- Muhammad Ali Mosque
- Back
- A statue of Queen Cleopatra and a pharaonic war chariot
- Central Bank of EgyptFifty poundsE£50
Fifty pounds E£50
≈ ₹95.29 today- Colour
- Brownish-red
- Front
- Abu Hurayba Mosque
- Back
- The Temple of Edfu
- Central Bank of EgyptOne hundred poundsE£100
One hundred pounds E£100
≈ ₹190.58 today- Colour
- Cyan
- Front
- Sultan Hassan Mosque
- Back
- The Great Sphinx of Giza
- Central Bank of EgyptTwo hundred poundsE£200
Two hundred pounds E£200
≈ ₹381.16 today- Colour
- Olive
- Front
- Mosque of Qani-Bay
- Back
- The Seated Scribe
Coins, in piastres
Cleopatra's head is on the 50 piastres, an Islamic design on the 25 piastres and Tutankhamun's mask on the bimetallic E£1.
- 2525 piastres
≈ ₹0.48 - 5050 piastres
≈ ₹0.95 - 11 pound
≈ ₹1.91
Sources: Keesing, E£20 polymer note and E£10 polymer note; Wikipedia, Egyptian pound, for the other notes and the colours. Rupee values at our selling rate, 10:25 AM IST, 5 Oct 2026.
Polymer notes, then a market rate
Egypt's money changed in two ways between July 2022 and March 2024: the first polymer notes arrived, and the pound's rate became market-determined.
The first polymer note
The Central Bank of Egypt issues the E£10, its first polymer note. It shows the Al-Fattah Al-Aleem Mosque, which stands in the new administrative capital, on the front and a statue of Queen Hatshepsut on the back.
The E£20 follows
The E£20 is issued as the second polymer note, with the Muhammad Ali Mosque on the front and a statue of Queen Cleopatra and a pharaonic war chariot on the back. It had been expected in 2022, and paper and polymer notes of both values circulate together.
The rate becomes market-determined
At an unscheduled meeting the Central Bank raises its rates by 600 basis points and lets the pound float. It describes the new regime as flexible, with inflation as the nominal anchor, and reports put the pound at between about 45 and 50 to the US dollar afterwards, from about 31 before.
Sources: Keesing Technologies, on the E£10 and E£20 polymer notes; Egyptian Streets and Arab News, 6 March 2024; Wikipedia, "Egyptian pound".
A pound with a market-set rate
The Egyptian pound has had a flexible, market-determined rate since 6 March 2024, so its price in rupees can change from one day to the next.
A market-determined rate
Since 6 March 2024 the Central Bank of Egypt has run a flexible exchange rate, with inflation as its nominal anchor. The market sets the price of the pound, so its price in rupees moves with it.
A step change in one day
On 6 March 2024 the Central Bank raised its rates by 600 basis points and let the pound float. Reports put it at about 31 to the US dollar before, and at between about 45 and 50 afterwards.
Support from the IMF
Reports on the same day said the International Monetary Fund would add US$5 billion to its support for Egypt.
One unit in rupees · our selling rate, 5 Oct 2026
The Egyptian pound since 1834
Egypt has counted in pounds since 1834, and its money has gone from a gold standard and a sterling peg to a central bank, polymer notes and a market-determined rate. What changed along the way, in eight entries.
- EntryEgypt
Egypt's own money
A decree under Muhammad Ali adopts an exclusively Egyptian monetary system. It is bimetallic, built on the Maria Theresa thaler, worth 20 piastres, and a gold coin of 100 piastres.
Launch - EntryEgypt
The pound on gold
The pound becomes the formal unit, on a pure gold standard: one Egyptian pound is set at 7.4375 grams of fine gold.
- EntryEgypt
The first banknotes
The National Bank of Egypt issues the first Egyptian banknotes.
- EntryEgypt
Tied to sterling
The pound is pegged to the British pound, at 97.5 piastres to £1 sterling.
- EntryEgypt
A central bank takes over
The Central Bank of Egypt takes over note issue from the National Bank of Egypt.
- EntryEgypt
The first polymer note
On 5 July the Central Bank issues the E£10, its first polymer note, with the Al-Fattah Al-Aleem Mosque on the front and a statue of Queen Hatshepsut on the back.
New note - EntryEgypt
The E£20 follows
On 20 June the polymer E£20 is issued, with the Muhammad Ali Mosque on the front. Paper and polymer notes of both values circulate together.
- EntryEgypt
A market-determined rate
On 6 March the Central Bank raises its rates by 600 basis points and lets the pound float. The regime is now flexible, with inflation as the nominal anchor.
New rate
Sources: Wikipedia, "Egyptian pound"; Keesing Technologies, on the E£10 and E£20 polymer notes; Egyptian Streets and Arab News, 6 March 2024, on the float and the rate.
Pounds and rupees side by side
Worked out at our selling rate at 10:25 AM IST on 5 Oct 2026. For the live rate on any amount, use the EGP to INR or INR to EGP converter.
| You pay | You get |
|---|---|
| ₹5,000 | E£ 2,623.57 |
| ₹10,000 | E£ 5,247.14 |
| ₹25,000 | E£ 13,117.85 |
| ₹50,000 | E£ 26,235.70 |
| ₹1,00,000 | E£ 52,471.40 |
| ₹2,00,000 | E£ 104,942.81 |
| You buy | It costs |
|---|---|
| E£ 100 | ₹190.58 |
| E£ 500 | ₹952.90 |
| E£ 1,000 | ₹1,905.80 |
| E£ 5,000 | ₹9,529.00 |
| E£ 10,000 | ₹19,058.00 |
| E£ 50,000 | ₹95,290.00 |
Spending Egyptian pounds in Egypt
Three things about Egyptian money that help on the first day.
Small notes are the useful ones
Carry a few E£5, E£10, E£20 and E£50 notes: travel guides say change for a large note is hard to find, and small notes are what you hand over as a tip, called baksheesh. An E£10 note is about ₹19.06 and an E£50 note about ₹95.29.
E£10 ₹19.06 · E£50 ₹95.29Cash first, then cards
Travel guides say cash rules in small shops, with street vendors and in taxis, while Visa and Mastercard work in most hotels, malls and restaurants. Amex is patchy, and ATMs in Cairo, Alexandria and Luxor give pounds.
Cash · Visa · MastercardTell the notes apart by colour
Every front shows a mosque, so go by the number and the colour: orange for the E£10, mint green for the E£20, brownish-red for the E£50, cyan for the E£100 and olive for the E£200.
Check the numberTaking Egyptian pounds from India
The Reserve Bank of India's rules apply to every currency, and the Egyptian pound is no exception.
Up to the equivalent of USD 3,000 per trip can leave India as Egyptian pound notes. The rest goes on a forex card or as a bank transfer.
Every resident can send up to USD 250,000 abroad each financial year under the Liberalised Remittance Scheme, travel included.
Tax collected at source applies once your foreign-exchange purchases in a financial year cross ₹10 lakh: nil when an education loan pays, 2% for self-funded education and medical treatment, and 20% for travel and everything else. It is credited against your income tax when you file.
Egyptian pounds are available on request. Send your amount and the desk confirms availability and your exact rate before anything is booked.
Check availability→Egyptian pound questions
The questions people type about the Egyptian pound, answered in full, in three groups.
The basics
8 questionsWhat is the currency of Egypt?
The currency of Egypt is the Egyptian pound, code EGP, divided into 100 piastres. It is used across Egypt, whose capital is Cairo, and the Central Bank of Egypt issues it.
What is the full form of EGP in currency?
EGP stands for Egyptian Pound: EG is Egypt's two-letter country code and P is for pound, following the ISO 4217 standard, and its numeric code is 818. That is the EGP full form and the EGP currency full form alike, and on a price list or a forex quote it always means the Egyptian pound.
What is the Egyptian pound symbol?
The Egyptian pound symbol, also called the Egyptian pound sign, is E£, as in E£100. It is the Egypt currency symbol you will see on price tags in English, where LE and £E are also used and a price is sometimes written 100 EGP. In Arabic the short form is ج.م.
Egypt ki currency kya hai?
Egypt ki currency Egyptian pound (EGP) hai. Ek pound mein 100 piastre hote hain, aur 5 Oct 2026 ko ek Egyptian pound lagbhag ₹1.91 ka tha, hamare selling rate par. Egypt currency ka symbol E£ hai, jise LE bhi likhte hain.
What is the Egypt currency name?
The Egypt currency name is the Egyptian pound, written جنيه مصري in Arabic and said geneih. It is also searched as Egypt pound, Egyptian currency, Egyptian money or Egypt money, and misspelled as Egipt pound or Egyptian pond, and all of these mean the same pound. Only the word pound is shared with the British pound, which is a separate currency with a different value.
How many piastres make one Egyptian pound?
One Egyptian pound is 100 piastres, called qirsh in Arabic. The coins in use are 25 piastres, 50 piastres and the E£1 coin, and a price such as E£12.50 is twelve pounds and fifty piastres.
Who issues the Egyptian pound?
The Central Bank of Egypt issues the Egyptian pound. It took over note issue from the National Bank of Egypt in 1961, and it issued its first polymer note, the E£10, on 5 July 2022.
What is on Egyptian banknotes?
Egyptian notes carry a mosque on the front and an ancient scene on the back. The E£20, for example, shows the Muhammad Ali Mosque with a statue of Queen Cleopatra and a war chariot, and the E£100 shows the Sultan Hassan Mosque with the Great Sphinx of Giza.
Value and history
6 questionsIs the Egyptian pound fixed or floating?
Since 6 March 2024 the Egyptian pound has had a flexible, market-determined rate, with inflation as the nominal anchor in the words of the Central Bank of Egypt. Before that date the rate had held at about 31 to the US dollar for over a year.
What happened to the Egyptian pound on 6 March 2024?
At an unscheduled meeting the Central Bank of Egypt raised its rates by 600 basis points and let the pound float. Reports put the rate at about 31 to the US dollar before and between about 45 and 50 afterwards, and the IMF's extra US$5 billion for Egypt was reported the same day.
When did Egypt start using the pound?
Egypt adopted its own monetary system in 1834, built on the Maria Theresa thaler of 20 piastres and a gold coin of 100 piastres. The pound became the formal unit in 1885, on a gold standard, and the National Bank of Egypt issued the first banknotes in 1899.
Which Egyptian banknotes are in use?
Seven notes are listed: E£1, E£5, E£10, E£20, E£50, E£100 and E£200. Each has its own colour, for example orange for the E£10, mint green for the E£20 and cyan for the E£100, and the E£10 and E£20 also come as polymer notes.
Is there a polymer Egyptian pound note?
Yes. The E£10, issued on 5 July 2022, was Egypt's first polymer note, and the E£20 followed on 20 June 2023. Paper and polymer notes of both values circulate together.
Are old Egyptian pound notes still valid?
Reports on the polymer notes say paper and polymer E£10 and E£20 notes circulate together, so the older paper notes of those values were not withdrawn when the polymer notes arrived. We have not confirmed a withdrawal date for any note, so check an older note with a bank in Egypt before you rely on it.
Buying from India
2 questionsHow much Egyptian currency can I take out of India?
Up to the equivalent of USD 3,000 per trip in currency notes. Anything above that goes on a forex card or as a bank transfer, all within the USD 250,000 a year Liberalised Remittance Scheme limit.
How do I get Egyptian pounds for a trip to Egypt?
Order them before you fly. Matrix Forex, an RBI-authorised Category-II dealer, arranges Egyptian pound notes on request: send your amount through the booking bar at the top of this page and the desk confirms availability and your exact rate before anything is booked. For the live rate on any amount, see the EGP to INR converter.