| Currency | 05/28/2026 | 06/04/2026 | Change | |
| Zambian Kwacha (ZMW) | 0.0463 € | ⇨ | 0.0491 € | +6.03% |
| Colombian Peso (COP) | 0.000235 € | ⇨ | 0.0002407 € | +2.44% |
| Mauritanian Ouguiya (MRU) | 0.0215 € | ⇨ | 0.0217 € | +1.25% |
| Nigerian Naira (NGN) | 0.0006 € | ⇨ | 0.0006 € | +1.23% |
| Fijian Dollar (FJD) | 0.3863 € | ⇨ | 0.3907 € | +1.14% |
| Silver (oz) | 2.0929 € | ⇨ | 2.045 € | -2.29% |
| Sri Lankan Rupee (LKR) | 0.0026 € | ⇨ | 0.0026 € | -2.3% |
| Belarusian Ruble (BYN) | 0.3129 € | ⇨ | 0.3044 € | -2.71% |
| Russian Ruble (RUB) | 0.0121 € | ⇨ | 0.0117 € | -3.22% |
| Bitcoin (BTC) | 63,144 € | ⇨ | 54,517 € | -13.66% |
| See also the 24h, 30d and 1y changes | ||||
| Currency name | Egyptian Pound |
| Symbol | E£ |
| Also known as | EGP, Egyptian Pound, £E1 = 100 piastres |
| ISO code | EGP |
| Banknotes | £E1, £E5, £E10, £E20, £E50, £E100, £E200 |
| Coins | 5, 10, 25, 50 piastres; £E1 |
| Central bank | Central Bank of Egypt (CBE) - Website: www.cbe.org.eg |
| Countries | 1 country: Egypt (capital: Cairo, major cities: Cairo, Alexandria, Giza, Shubra El-Kheima) |
| Population | 103 mil. |
History
The Egyptian pound (EGP) is one of the world's oldest and most historically significant currencies, with monetary roots stretching back to pharaonic Egypt. Ancient Egypt used gold, silver and copper — weighed rather than coined — as early as the 4th millennium BC. The word "pound" derives from the British monetary system introduced during colonial administration.
Egypt was under Ottoman rule from 1517 and British colonial influence from 1882. The Egyptian pound was introduced in 1834, replacing the piastre as the main unit, though piastres remained as subdivisions. Egypt joined the gold standard in 1885. After World War I, the pound was pegged to sterling. The 1952 revolution that brought Nasser to power nationalised the banking system, including the National Bank of Egypt, and the Central Bank of Egypt was established in 1961.
For much of the postwar era, Egypt maintained a fixed exchange rate. Tourism, Suez Canal revenues, remittances, and oil exports provided foreign exchange. However, the 2011 revolution that toppled Hosni Mubarak disrupted tourism and foreign investment, draining reserves. Egypt devalued the pound in 2016 and moved to a floating exchange rate as part of an IMF programme, causing a sharp initial decline. Further devaluations followed in 2022 and 2023 as global commodity prices surged following Russia's invasion of Ukraine.
The Central Bank of Egypt manages the pound. Egypt's economy — the most populous Arab nation with 105 million people — faces persistent challenges of inflation, unemployment, and external financing needs.
Sources:
"Egyptian pound", Wikipedia, https://en.wikipedia.org/wiki/Egyptian_pound
"Central Bank of Egypt", Wikipedia, https://en.wikipedia.org/wiki/Central_Bank_of_Egypt