The Egyptian Pound rates below were last updated 1 minute ago
If you're travelling to Egypt soon you'll want to get the best deal on your Egyptian Pounds. Our free comparison service compares the best Egyptian Pound rates from the biggest currency suppliers in the UK so you can see at a glance who is offering the top deals. We are currently comparing 5 suppliers selling Egyptian Pound in the UK with exchange rates ranging from 19.4713 to 20.3995.
But wait, it gets better! Many of the top suppliers listed above offer us exclusive exchange rates that are better than any other website which means if you order through us you could save even more money. We are so confident that you won't find better Egyptian Pound exchange rates on any other UK website that we challenge you to let us know if you find a better deal!
Egypt is still experiencing a period of change and this has affected the value of the Egyptian Pound. Because of this it is advisable to take a small quantity of US Dollars with you when visiting the country as some establishments (especially at tourist attractions and for tours) will only accept payment in Dollars.
There is also a shortage of small change and small denomination notes so when ordering currency it is worth specifying small value notes for most of your currency. You may be charged a small surcharge for requesting a specific breakdown but it could save you money in the long run because if the Egyptian shop or restaurant cannot change your note they may simply not give you change! Try and get as much of your travel money in £1 EGP, £5 EGP, £10 EGP and £20 EGP as you can, and avoid £100 EGP or larger notes. The average order value we see (based upon orders placed between 1st of July to 30th of September 2016) is for around £650 in cash.
If you are taking a credit or debit card to Egypt, consider a prepaid currency card instead as they offer lower fees and are accepted everywhere.
When entering and leaving Egypt the maximum local currency you can take with you is 5000 Egyptian Pounds. Other currencies have no limits; however, if you are carrying more than 10,000 GBP with you upon entry you must declare this to customs.
Other customs restrictions include declaring whether you have electrical items and video equipment with you which again must be declared upon entry to the country.
All British Passport holders usually require a visa to enter Egypt. However, if you are travelling to the tourist Red Sea resorts (Sharm El Sheik, Dahab, Nuweiba and Taba) and only intend on staying for up to 14 days maximum you will not be required to pay for a visa.
If you plan on travelling out of these areas (including for excursions such as going to Cairo) you will need to buy a visa from the Egyptian Embassy or when you arrive at the airport. A Visa usually costs around £15 GBP (or equivalent) and can be paid for in EGP, GBP, USD or EUR.
Over the past week the Egyptian Pound has dropped by 1.29% from last Sunday's rate of 20.6666 to today's rate of 20.3995 which means £750 will buy you £200.32 less now than it would have a week ago. During this period the best rate we recorded was 20.6666 on Sunday and the worst rate is 20.3995 recorded today.
The 90 day outlook has seen the Egyptian Pound rate increase by 77.05% from 11.5221 on 12th September 2016 to 20.3995 today. Based on these figures, £750 will buy you £6,658.05 more today than it would have three months ago. We recorded a high rate of 21.35 on 9th November 2016 and a low rate of 10.4479 on 21st October 2016.
Compare Holiday Money are partners of the Foreign & Commonwealth Office Know Before You Go campaign which provides official government advice for British travellers heading abroad.
The FCO release travel alerts containing important information for travellers to any countries where the safety or security of British citizens is at risk.
Updated: 9th December 2016
Latest update: Summary - on 9 December 2016 there was an explosion on Pyramid Road in Giza, killing at least 6 police officers; you should remain vigilant at all times and follow the advice of local security officials
Posted by Adam Silveston on 9th December 2016
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