The unit of currency is the Egyptian
Pound (L.E.). It is
divided into 100 Piasters (silver coins). Banknotes (paper currency) are
available in the following denominations: 0.25, 0.50, 1, 5, 10, 20, 50, and 100
Pounds (L.E.). Coins are available in the following denominations: 5, 10, 20, and 25 Piasters. Exchange rate: 1 US
Dollar = approximately 7.6 (L.E.), depending on the daily rate. Foreign
currency can be exchanged at most banks and authorized exchange offices where the official rates of exchange are posted daily.
Credit cards like American express, Diners Club, MasterCard and
Visa are accepted in most tourist establishments
ATM Machines: If you want to use an ATM Machine, the mostly accept
Visa, Master card an EC. If you can´t find an ATM Machine you can go to Bank
Misr and obtain cash. Please note that
the banks are not accepting dollars issued before 1992.
The importation and exportation of local currency
is limited to 1000 Egyptian pounds for non-residents. The importation of
foreign currency is not limited but must be declared from an amount of 10 000 Dollar up on arrival. To leave the country, you can not carry more then 10 000 Dollar with you.
:00am - 2pm Sunday to Thursday, closed Friday,
Saturday and most public holidays.
Tips: The popular
"baksheesh." Remember that in Egypt, you pay "baksheesh"
for rendered services, and the amount is up to
you.
