Currency and Cash
The currency in Egypt is the Egyptian pound (often written as LE or or by using the pound sign £). Cash in foreign currencies can be exchanged at banks, exchange offices, most hotels or at ATMs. Some stores and hotels will accept payments in US dollars, euros or British pounds, but the change may be given in Egyptian pounds.
ATMs and Credit Cards
ATMs, widely available in the cities and tourist areas, usually offer the best exchange rate.
Credit cards - American Express, Diners Club, MasterCard and Visa - are widely accepted
in bigger stores, hotels and restaurants throughout the country, particularly in tourist places.
Credit cards are less acceptable in smaller establishments and those not targeted to foreign travelers. Some businesses may charge additional fee (3% and up) for credit card transactions.
Traveler's checks are less popular in Egypt, but they can be exchanged at banks. Recommended are checks in US dollars, euros or British pounds. Amex and Thomas Cook travelers checks can also be cashed at their offices in Cairo, Alexandria, Luxor, Aswan and Hurghada.
Banking hours are usually Sun-Thu 8:30 am - 2:00 pm.
Tipping is common in Egypt. You are expected to tip almost everyone who provides some service for you (guides, tour drivers, hotel bellmen, hotel doormen, restaurants - except fast foods, bathroom attendants, taxi drivers etc.), and if you don't, you may be asked to give a tip. It's recommended to always carry a lot of small bills for tipping.
Current Egyptian Pound Rates
For other currencies or conversion amounts go to Currency Converter