Egyptian Pound
(EGP) Insights
Currency of most populous Arab nation; Suez Canal revenues in USD major FX source; dependent on tourism, remittances (Gulf-based workers), and IMF support
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EGP Live Converter
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Currency Snapshot
Technical specifications, central bank governance, and market standing for Egyptian Pound.
EGP
Standardized ISO 4217 Currency Code
£
Unicode Glyphs & Display Symbol
1/100 = Piastre Decimals
Subdivision unit definition
Egypt
Central Bank of Egypt (CBE)
Central Bank of Egypt (CBE)
Managed float (multiple devaluations: 2016, 2022, 2023)
Market-determined exchange rate mechanism
Currency Standard: Fiat
Classified as Fiat in global trade networks
Banknotes
EGP 5
Coins
25pt
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Egyptian Pound, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Central Bank of Egypt (CBE).
EGP Market Insights
Deep-dive analysis of the Egyptian Pound's global impact, remittance role, and institutional influence.
Strong Currency Impact
Cheaper imports (food/energy); lower Suez revenues when converted; lower remittance values in EGP
Weak Currency Impact
Higher import costs (Egypt imports 60% of wheat); higher inflation; higher remittance values in EGP
Remittance Role
Egypt is Africa's 2nd largest remittance recipient (~$28 billion/year); major sources are Saudi Arabia, UAE, Kuwait, USA
Central Bank Tools
Overnight Deposit Rate, Reserve Requirements, FX interventions
Common Questions About Egyptian Pound
Everything you need to know about EGP exchange rates, banknotes, and historical significance.