Egyptian Pound

Egyptian Pound

The Egyptian pound (Egyptian Arabic: جنيه مصرى‎ Genēh Maṣri [ɡeˈneː(h) ˈmɑsˤɾi]; sign: E£, L.E. ج.م; code: EGP) is the currency of Egypt. It is divided into 100 piastres, or ersh (Egyptian Arabic: قرش‎ [ʔeɾʃ]; plural قروش [ʔʊˈɾuːʃ]), or 1,000 milliemes (Egyptian Arabic: مليم‎ [mælˈliːm]; French: millième). The Egyptian pound is frequently abbreviated as LE or L.E., which stands for livre égyptienne (French for Egyptian pound). E£ and £E are commonly used on the internet. The name Genēh [ɡeˈneː(h)] is derived from the Guinea coin, which had almost the same value of 100 piastres at the end of the 19th century.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

17 Egyptian Pound to US Dollar exchange rates chart

17 EGP to USD exchange rates graph
17 EGP to USD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

17 EGP to USD exchange rates table

Exchange EGP to USD
17 Egyptian Pound = 0.950 US Dollar
34 Egyptian Pound = 1.899 US Dollar
85 Egyptian Pound = 4.749 US Dollar
170 Egyptian Pound = 9.497 US Dollar
Exchange Egyptian Pound to US Dollar
17 Egyptian Pound to US Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best EGP/USD rate at ADIB in Cairo

17 EGP to USD exchange rates at ADIB in Cairo
17 Egyptian Pound = 0.945 US Dollar

Abu Dhabi Islamic Bank (ADIB) Egypt is an award-winning bank that started its operations in Egypt after the acquisition of the National Bank for Development (NBD), through the Emirati consortium between Abu Dhabi Islamic Bank and Emirates International Investment Company (EIIC) in 2007. As part of its strategy to be a leading universal Islamic bank in Egypt, the Bank focuses on offering a broad spectrum of Shari’a compliant banking solutions, to cater to the needs of corporate and retail...

Best EGP/USD rate at EG BANK in Cairo

17 EGP to USD exchange rates at EG BANK in Cairo
17 Egyptian Pound = 0.947 US Dollar

Vision To offer a young and flexible experience that centers the youth at the heart of our organization. Mission Our philosophy and decisions are constantly inspired from three values: Youth comes first Sparking creativity and innovation, today’s young minds make tomorrow brighter. We believe that youth is an infinite source of inspiration that is why we make it our utmost priority to be constantly engaged, providing them with relevant tools and solutions to reach their full potential....

Best EGP/USD rate at Banque Misr in Cairo

17 EGP to USD exchange rates at Banque Misr in Cairo
17 Egyptian Pound = 0.950 US Dollar
Banque Misr
Banque Misr

Banque Misr was established in 1920 by the pioneer economist and financial expert Mohamed Talaat Harb Pasha, who spearheaded the concept of investing in national savings and directing them towards economic and social development. Thus, Banque Misr was established as the first wholly Egyptian - owned bank. Banque Misr has also established major investment funds in Egypt, as part of a diversified portfolio, and was granted an award by the Global Finance Treasury and Cash Management Awards as...

Best EGP/USD rate at LA Currency in Los Angeles

17 EGP to USD exchange rates at LA Currency in Los Angeles
17 Egyptian Pound = 0.807 US Dollar
LA Currency
LA Currency

Frequently Asked Questions No, we do not have any fees and our adjusted, real-time exchange rates can be found on our website. You can always find out how much you will get for your currency or how much you will need to buy currency. Make sure to refresh the browser to get updated rates. Yes, we have free parking at both our locations that are in a shopping plaza with a convenient parking lot and a security personnel. Cash to cash is our preferred payment method. However, only debit cards...

17 EGP to USD exchange rates news

Egyptians Reverse Pro-Regime Hashtag to Poke Fun at Sisi

Egyptian social media users have been circulating the hashtag “اعرف عن السيسي" ['Things I know about Sisi'] for the last 48 hours.Thousands of Egyptians jumped on the hashtag tweeting

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Egypt’s core inflation records 8.86% in October: CBE

egypttoday,Politics,Business,Economy,Art,culture,Local news,Special interest,Press Review,News,Resources

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Egypt’s economic reforms offer hope and pain | Amr Emam

A surge in commodity prices has been an immediate result of the free flotation of the Egyptian pound, a Central Bank of Egypt decision that went into effect two years ago.

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Reforms and improved security bolster Egypt’s risk rating

The country is powering ahead as it seeks to tap $20 billion in foreign-currency borrowings through to 2022, starting with Pandas and Samurais, and a $5 billion Eurobond.

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US Dollar Losses Hit Pause after October CPI; Focus Remains on Brexit

The DXY Index is off the lows, and rates markets are continuing to price in December for another rate hike from the Fed.

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Pound-to-US-Dollar Exchange Rate: GBP/USD Starts The Week On Soft Footing As Brexit Anxiety Mounts

Brexit speculation failed to prevent the GBP/USD exchange rate sinking at the start of the week

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Pound US dollar exchange rate: GBP retreats as Brexit text faces Cabinet scrutiny

THE pound US dollar exchange rate has fallen as much as 0.5 per cent this morning, slumping from a high of $1.302 to the current rate of $1.295 as Brexit jitters weigh on sentiment.

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17 EGP to USD currency converter