The official currency of Egypt is the Egyptian Pound EGP.

The Egyptian Pound is subdivided into smaller currency denomination known as qirsh or millimes. All other trademarks appearing on this Website are the property of their respective owners. Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone.

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EGP - Egyptian Pound rates, news, and tools

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Download our Mobile Apps Currency Converter App Forex Trade App. Overview The official currency of Egypt is the Egyptian Pound EGP. Economy The Egyptian economy is becoming more market-orientated. The main industries are metal, tourism, chemicals, textiles, pharmaceuticals, light manufacturers, food processing, hydrocarbons, construction, and cement.

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Export products are petroleum and crude oil products, textiles, cotton, agricultural goods, metal products, and chemicals. Import products are wood products, fuels, chemicals, equipment, machinery, and food stuffs.

Unemployment in the country is estimated at 9. The yearly GDP growth is rated at 2. History The Egyptian Pound, also known as gineih, was replaced the Egyptian Piastre. It was subdivided into 40 para. In , the para was taken out of circulation and the piastre was subdivided into tenths.

In the tenths were renamed millimes.

Egypt used the gold standard from to After the outbreak of World War I, Egypt moved to the British Pound and was part of the Sterling era until In , the peg was changed to the British Pound again. In , the Pound floated; however, the Central Bank of Egypt tightly managed the control of foreign exchange. In , the 1 Pound and 50 pastrie coins were introduced. In , Egypt started phasing out 1 Pound and half-pound notes.

Symbols and Names Symbols: Central Bank Central Bank of Egypt. Countries Using This Currency Egypt Gaza Strip. Find Other Currencies Djibouti Franc DJF Ethiopian Birr ETB Libyan Dinar LYD Sudanese Pound SDG Tunisian Dinar TND Currency Facts Home. Losses can exceed investment.