AI overview
The Egyptian pound is the official money used in Egypt for everyday purchases and financial transactions. It matters because it's essential for the Egyptian economy and anyone doing business or living in Egypt needs to use it.
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ISO 4217 CodeEGP (numeric: 818) Subunit0.01 Unit Symbol£, E£, £E, LE, EGP, .ج.م Denominations Subunit 1⁄100Piastre (قرش, "qirsh") 1⁄1,000Millieme (مليم, mallīm) (obsolete) Banknotes Freq. used£1, £5, £10, £20, £50, £100, £200 Rarely used25 PT, 50 PT Coins25 PT, 50 PT, £1 Demographics Date of introduction1834 192 years ago (1834) ReplacedEgyptian piastre Official user(s) Egypt Unofficial user Gaza Strip Issuance Central bankCentral Bank of Egypt Websitewww.cbe.org.eg/en/ Valuation Inflation12.11% (2025)
The Egyptian pound (Egyptian Arabic: جنيه مصرى [ɡeˈneː ˈmɑsˤri, ˈɡeni-]; abbreviations: £, E£, £E, LE, or EGP in Latin, and ج.م. in Arabic, ISO code: EGP) is the official currency of Egypt. It is divided into 100 piastres, (or qirsh, قرش [ʔerʃ]; plural قروش [ʔʊˈruːʃ]; abbreviation: PT, short for "piastre tarif") and was historically divided into 1,000 milliemes (مليم [mælˈliːm]; French: millième, abbreviated to m or mill).