currency information
Egypt Currency Guide 2026: Everything Tourists Need to Know
Planning a trip to Egypt? Understanding the local currency will help you manage your budget, shop with confidence, and avoid unnecessary fees. This guide covers everything you need to know about the Egyptian Pound (EGP), exchange options, payment methods, and money-saving tips.
What Is the Currency of Egypt?
The official currency of Egypt is the Egyptian Pound (EGP), commonly abbreviated as LE or E£. It is issued by the Central Bank of Egypt and is used throughout the country.
Egyptian Pound Denominations
Banknotes:
1 EGP
5 EGP
10 EGP
20 EGP
50 EGP
100 EGP
200 EGP
Coins:
25 Piastres
50 Piastres
1 Pound
Can You Pay in US Dollars or Euros?
Some hotels, tour operators, and souvenir shops accept US Dollars or Euros. However, most restaurants, local markets, taxis, and small businesses prefer payments in Egyptian Pounds.
For the best value, it's recommended to carry local currency.
Where Can You Exchange Money?
You can exchange foreign currency at:
Banks
Official exchange offices
Cairo International Airport
Major hotels
Licensed currency exchange centers
Always compare exchange rates before converting large amounts.
Are Credit Cards Accepted?
Yes. Visa and Mastercard are widely accepted in:
Hotels
Shopping malls
Restaurants
Supermarkets
Tourist attractions
Many tour operators
However, smaller shops and local markets may only accept cash.
Should You Carry Cash?
Yes. Carrying some cash is useful for:
Tips
Street food
Local transportation
Small shops
Market purchases
Public restrooms
Keep small denominations for everyday expenses.
ATMs in Egypt
ATMs are widely available in Cairo, Giza, Alexandria, Luxor, Aswan, Hurghada, and Sharm El Sheikh. Most machines accept international debit and credit cards.
Check with your bank regarding international withdrawal fees before traveling.
Tipping in Egypt
Tipping, known locally as "baksheesh," is common throughout Egypt.
Typical guidelines include:
Restaurants: 5–10%
Tour guides: Based on service quality
Drivers: Small gratuity appreciated
Hotel staff: A few pounds per service
Porters: Small cash tip
Is It Better to Exchange Before Arriving?
Many travelers exchange a small amount before departure for immediate expenses and then convert additional money after arriving in Egypt, where exchange rates are often competitive.
Safety Tips for Handling Money
Avoid carrying large amounts of cash.
Use hotel safes for valuables.
Count your money before leaving exchange counters.
Keep receipts when exchanging currency.
Notify your bank before international travel.
Frequently Asked Questions
What currency should I bring to Egypt?
US Dollars, Euros, and British Pounds are commonly exchanged and widely accepted by exchange offices.
Can I use my debit card?
Yes. Most international debit cards work at Egyptian ATMs, though fees may apply.
Is cash or card better?
Using a combination of both is the best option. Cards are convenient for larger purchases, while cash is essential for local markets and tipping.
Can I pay everywhere with foreign currency?
No. While some tourist businesses accept foreign currencies, Egyptian Pounds remain the preferred and official payment method.
Final Thoughts
Managing money in Egypt is simple when you're prepared. Carry a mix of Egyptian Pounds and payment cards, exchange currency through authorized providers, and always keep small bills on hand for daily expenses and tips.
With the right financial planning, you can enjoy your Egyptian adventure without worrying about payments or unexpected costs.