Travel Guide

Travel Guide

Useful Information about Egypt


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.

Currency restrictions: 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. 

Banking hours: 9:00am - 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.

 Image result for egyptian money

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