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The Egyptian Pound (LE) is the official currency. One LE consists of 100 piasters. Bills of the Egyptian pounds are of 1,00, 5,00, 10,00, 20,00, 50,00, 100,00 and 200,00 pounds value and 0.25 and 0.50 piasters.
Here you have the major foreign hard currency and their value in Egyptian pounds (June 2009):
One US dollar equals approximately 5,6 LE.
One EUR equals 7,87 LE.
One GBP equals 9,25 LE
One CAD equals 4,85 LE
One AUD equals 4,52 LE
One HKD equals 0,70 LE
One CNY equals 0,81 LE
One CHF equals 5,16 LE
One hundred JPY equals 0,58 LE
There are banks in all 5-star hotels, as well as in the city centers (many of which are open 24 hours a day). ATM machines can be found all over the country. We, at Galaxia Tours, advise our clients to change little by little, in order not to have too much Egyptian currency left at the end of the tour, since it is sometimes difficult to change back into hard currencies at the airport.
LE cannot be used in the tax-free shops.
Clients should also always keep their exchange receipts. Credit cards can be used in all large establishments.
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