MID MARKET RATES
The mid-market rates shown in these information services are neither "buy" rates nor "sell" rates. Mid-market rates are derived from mid-point between the buy and sell rates of large-value transactions in the global currency markets.
Since "buy rates" and "sell rates" include overheads and profit margins that are set independently by each foreign exchange provider, they will vary depending on who you're talking to, and will always be different than the mid-market rate.
Modern Egyptian currency (specifically paper money) ranges from the 25 Piastres (quarter pound note) up to a 1,000 pound note. Unlike, for example, American bills, Egyptian currency is not the same size. The smaller the note denomination, the smaller its physical size.
Egyptian coins duplicate the value of some of the Egyptian bills. There are 25 Piastres and 50 Piastres coins, but because of this duplication, many establishments in Egypt rarely have coins. In fact, the value of 25 Piastres is so small that they are often difficult to find in either coin or bill, and businesses often round up the price of merchandise to the nearest pound.
Egyptian money is both colorful, and attractively designed.
Road to Egypt works with you to plan your Egypt experience at a pace and taste that suits your wish list and your budget. Choose from our suggested private tours or let us customize a program just for you. Contact us and speak to one of our tour designers.
Find answers to common questions about our Private Tours of Egypt. If you need further assistance, don't hesitate to call us. We're always happy to help.