What is the currency of Egypt?

The currency of Egypt is the Egyptian pound.

The Egyptian pound is Egypt’s official monetary unit. Its international code is EGP, and it is divided into 100 piastres, known in Arabic as qirsh. The Central Bank of Egypt issues and manages the country’s banknotes and coins. The pound is commonly written as E£ in English and ج.م in Arabic contexts.

Egypt introduced the pound in the 19th century as part of a shift toward a modern decimal currency system. The unit replaced the older role of the Egyptian piastre as the principal monetary unit, while the piastre remained as a subdivision. This explains why both “pound” and “piastre” appear on Egyptian prices and currency references.

Egyptian banknotes feature national landmarks, historic figures and Arabic text, with some notes also carrying English denominations. The currency is often confused with the Sudanese pound or Libyan dinar because Egypt shares regional ties with both countries, but those are separate national currencies. The Turkish lira is likewise unrelated to Egypt’s monetary system.