MONEY in EGYPT: Handy Guide on Currency in Egypt
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- Опубліковано 15 чер 2024
- How Egyptian money look like ? what currency should I use in Egypt ? are credit card available ? In this video I' ll try to give you useful informations regarding money in Egypt.
EUR\USD or EGP ?
Many tourists prefer to use their home currency in Egypt- the Euro, the dollar or any other - because they’ re afraid of making mistakes when dealing with banknotes and coins they have never seen before.
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-US dollars, Euros - Hard currencies are accepted in most touristic areas and hotels, But a tourist site that accepts payments in U.S. dollars, will likely have extremely poor exchange rates compared to banks for instance, and you'll end up paying much more that you would have if purchased with EGP
So, in my opinion, It’s better to pay with Egyptian pounds because you will get a better rate, and using local currency shows respect for the local people, no matter where you travel.
And if you’ re afraid of mixing it up when using this new currency, keep on watching this video as I will show you how the Egyptian Pounds they look like, their value, and general trips that will help you dealing with money while traveling in Egypt, but also other countries for that matter.
EGYPTIAN BANKNOTES
It is very important to be familiar with the local banknotes.
All Egyptian money have written text in both English and Arabic with a numeric value.
Coins come in denominations of: 1 Egyptian pound as well as 25 and 50 piasters
Banknotes come in denomination of 5, 10, 20, 50, 100 and 200 EGP.
CARRY SMALL BILLS
Make sure you’ve got a variety of small bills and coins at the ready for purchases such as food, souvenirs, and attraction entry fees.
You don’ t wanna pull out a 200 Egyptian pounds bill while attempting to buy a 20 pound souvenir. First of all, it’ ll take you more time to ascertain whether the change is right, but mostly - you wanna avoid finding yourself in the situation where the vendor claims to “have no change” , in which case you may end up not taking the full change or wondering over nearby shops trying to find someone who’ s gonna change your money.
You should always try to pay as near to the price as you can, if for instance your taxi ride is 35 egp, you wanna have with you some 10s and 5s or, or at least a 50 egp note.
Withdraw odd amounts from ATMs to get small bills, and always try to break big bills at fancier establishments.
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DIVIDE YOUR MONEY
Dividing your money not only will allow you to rapidly find the notes you need, but also to offset risk in the unfortunate case your wallet gets lost or snatched.
Make money preparation part of your morning routine: As you’re packing your bag, Squirrel away larger bills in your under-clothing money pouch, or tuck them into a secure part of your wallet or bag.
divvy up your travel cash and even credit cards into multiple safe spots.
Whenever possible, If you have all your money in one place, it only takes one incident for a thief to totally wipe you out. leave all the cards and cash you won’t need immediately in a secure location in your hotel or vacation rental.
hen possible,
If you’re smart about how you distribute your funds, you’ll still have enough money to get to a police station or back to your hotel
Tipping is a custom in Egypt, it is nice to follow but do not make some bad people force you to do what you do not want or do not feel like.
It must be YOU who keeps control of the situation and not be embarrassed by some bad people who try to force you to tip them, even though they may ask you for it.
CREDIT CARDS
All major cards are accepted in midrange and high-end establishments. In remote areas they remain useless. You may be charged a percentage of the sale in fees (anywhere between 3% and 10%).
1) Keep your Bank In-the-know
Before jetting off, make sure you let your bank know that you will be travelling and to where. This will stop your account from being frozen once you arrive in a destination. Set up a daily withdrawal limit as this will prevent large fraudulent activity if your card is stolen. It will also help you to control personal spending, keeping you within your daily budget - win, win!
Retain receipts to check later against your statements is always a good practives.
Visa and Mastercard can be used for cash advances at Banque Misr and the National Bank of Egypt,.
CHANGE MONEY
US dollars, euros and British pounds are the easiest to change (and change back at the end of your stay). Inspect the bills you’re given, and don’t accept any badly defaced, shabby or torn notes because you’ll have difficulty offloading them later.
Even if you want to travel egypt and have holiday in red sea holiday in sharm el sheikh holiday in hurgada or visit the pyramids in cairo but avoid scammer in cairo egypt travel information
Join on Facebook ! facebook.com/EgyptMadeEasy
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You're a Godsend. I'm leaving for Egypt in 9 days and your videos are a great help. This one is especially helpful. Big Thanks.
Wow, thanks man. I dont make money out of this yet so it' s good do hear at least it' s helping somebody
Awesome video
Useful and informative
I'm planning to go to Cairo to master Arabic Calligraphy. Now I have the right guidance to manage my budget with confidence
May the Lord grant you Blessing and Protection 👊
You’re videos are so helpful. Thank you
Thank you love all your helpful tips they are very important to know
Thank you I’m traveling to Egypt next year 😃
I just love ur video, thanks 😊
very informative bro and helpful for tourists
I think this is the best video made by you!
Thank you for this info!!!
Thanks, very informative, it helps me a lot
Thanks for this video it's really helpful to us.
I'm super excited, my wife and I are flying into Cairo tomorrow. We've been planning this for months. We'll fly to Luxor later this week and next week we'll be in Istanbul. Thanks so much for the informative videos!
Thanks, it means a lot. If you need any help you’ ll find my Whatsapp on buongiornoegitto.com
@@EgyptMadeEasy Awesome, thanks!
Very helpful. Thank you!
This is very helpful..thank you
Thank you for this information. It's very usefull, i think.
Very interesting video.
My wife and I are flying over for our anniversary in September and staying in Hurghada for 10 nights
Great advice on holiday in Egypt
Great advice and useful info.
Much love Omar to you and your videos brother ..soon very soon coming to Sharm and dahab.
طيب جزاك الله خير 👍🏾
You are so helpful..thanks
Fantastic information!
Thx for the knowledge.
thanks 😊 I love ur video
Omar the best❤
thank you for all the tips we leave this friday
Egyptmadeeasy.net
Thankyou really helpfull...😊
Definitely change your money into the local currency. It helps the country you are going to. Plus remember why you are traveling in the first place.
Thank you!
Great tips!
Most helpful video!
Thanks a lot for your video!, I like, you make a video explaining how to go from Cairo to Sharm. Egypt is my dream I hope go there soon😊
Hi, chexk the video on travelling egypt by bus in the channel
Thanks for letting me know
Thanks i've subscribed and very helpful videos. Going next year in september 15 days.
Excellent!
very informative. thank u
Well done!
Your content in UA-cam is so amazing
Thanks 🙏 Please share on social !
Very nice
Great video
Great video, I am planning on going to Egypt in the next few months. Do you recommend that I buy my Egp currency in the states or wait until I get to Egypt to make the exchange?
Great content
Great avatar
Thank you for sharing , best greetings from Eli and Ahmed 🌹🌹
Hi guys ! Wish u a great day !
@@EgyptMadeEasy thank you so much 😊
Amazing content !!
Thanks
Ciao video fantastico ricco di info e un vero tutorial, grazie
Dove trovo le stesse macchinette del cambio che usi nel video?
Thanks
Egypt is so beautiful 😍
nope it isnt
Do you know if this machines are widely available through out all egypt.? Thank you in advance and your video are great help.
thx :)
Make videos of costing iteam in egp please like shopping costing etc
Do you know where do you get the best exchange rates? In the banks, exchange offices or that automatic ATMs?
Thanks for video! How much Egyptian pounds can I take with me from my country to visit Egypt?
Used to be 1 now way less , you need 31 egyp. To make 1 usd , also do not change in banks or machines to get slightly more money for your change, but just make sure the money is right not fake and you might get extra 5 pounds on top for each 10 usd exchanged which is menial nowdays if you are on tight budget.
Are there any tip or suggestions how one can carry or transfer a lot of cash to Egypt from the USA in order to buy a home in Egypt?
“Death by thousand cats” 😁😁😁😁😁😁😁
Hey sir, I enjoyed your video and your suggestions. Thank you
Thanks love but im still abit worried about whats what im going in 2 weeks to hurghada
Hello my frined. I'm going to Egypt in 2 days. Should I leave my country with Egyptian Pound or can I exchange once I get there? Thank you
Sir, Open market rate and bank rate are same???
Second, where I found open currecy market in Cairo???
Do u have a guide on SIM card for tourist ? Which line is best? How to buy minutes and data bundles etc. where can i get SIM card for tourist ?
Dear mister, will be in egypt since 08 may to 30 may, want to spend time to sharm and dahba, if you can help for good hotel. Thanks for your attention
Thank you omar for the insight , great video !!!!
I usually travel on a budget and would like for you to tell us about bus or microbus options from : Alexandria to sidi abderahmane or to marsa matrouh!!!! Cost and duration ???
Planing for a trip on September 2021 and would like to know .
Thank you in advance
Thanks Nadia. 50 pounds maybe ? U know those don’t have official prices and you have to bargain, anyway to give I some reference from Alex to Cairo last year I paid 45 egp
It would help a lot if you could share my vids on social, thanks 🙏
Hi can you break down exemple 30 Egyptian pounds would I pay in 1 20 GP and one 10egp ? to make it 35? Thanks
Do the ATMs work with US bank cards? Credit cards often have a high cash transaction cost.
Thank you so much for a lovely video and guide. I would like you to clarify: Can I withdraw from my Dollar card in dollars in Cairo or will I be getting the Equivalent instead in Egyptian currency? If I will be getting the equivalent in Egyptian currency, will I be able to change it back to dollars when I am leaving Egypt? And at what rate? You can use 1k dollars as an example for the question I asked - I mean, for instance, if I want to withdraw 1k dollars. Thank you
@@monaqasha Please, I have a question. How much Egyptian currency can I take into Egypt? And can a person bring it with him from abroad?
Great video. I am arriving in Sharm El Sheikh on March 4 for two weeks of diving. I will be staying at Camel dive resort. I am Canadian and use a manual wheelchair for mobility. I was going to change money before I come. Any tips about exchange and where that I will not incur fees ? Thank you
U can change at atm. Bank msr, Cib, al Ahly Good. Avoid credute agricole. Please share the video
How much do egyptian banks levy on ATM withdrawal (irrespective of the bank charges levied by the source bank) , is their like a default withdrawl charge, like you showed a 5EGP commission ?
Great video your videos are also helpful my husband and I are leaving in a few weeks for vacation to Egypt and I wanted to ask is it safe for us to leave our passports in the hotel safe or should we walk with out passports daily ?
Hi thanks, you can leave them in the safe u ok be fine. If you need any help with excursions make sure to contact me, I offer 24/7 personal assistance to my clients 😉
Of course if you te travelling to some particular destination you may need the passport with you - but if you re just hanging out in Cairo or Sharm there s no need to bring passport with u
do i need a "pin" to use my credit card with stores
I hace yenes would i exchange them?
hello, leaving for egypt tomorrow. i see the exchange rate is now egp 30 to usd 1. Is it still acceptable to give egp 5 as tips or too low? i don't want to be scolded...LOL
مرحبا im on egypt
Love Egypt, the people are amazing!
Your videos are fantastic, thankyou!
My wife and I have visited Sharm el Sheikh and Hurghada many times as it is our favourite place for holidays. It is such a shame that the UK Government will not let us travel due to Covid, I have two holidays booked one for late August and one for May next year but fear we will still not be able to travel.
Hi Kev, thanks very much for your support ! I guess u lo be able to come late August, don’t u think ?
0:56 that's a lot of cats
THANK YOU VERY MUCH FOR YOUR VIDEO WHICH IS REALLY HELPFUL, IMPORTANT TO KNOW HOW TO CHANGE MONEY FROM US DOLLARS TO EGYPTIAN POUNDS.
NOW MY QUESTION IS WHEN YOU PUT I BELIEVE IT WAS 100 EUROPES YOU PUT THAT IN THE MACHINE IT WILL EXCHANGE YOUR EUROS CONVERTED IN EGYPTIAN POUNDS ? I AM RIGHT OR WRONG PLEASE I WILL APPRECIATE YOUR ANSWER AND PROBABLY A LITTLE MORE EXPLANATION ABOUT TO EXCHANGE USD DOLLARS INTO EGYPTIAN POUNDS? THANK YOU FOR YOUR VIDEO AND I'M GOING TO WATCH IT AGAIN TO TRY TO UNDERSTAND HOW THE EXCHANGE WORKS. IN EGYPT❤.
I am Egyptian
Hi there , I’m coming from New Zealand to Egypt cairo , and my heads been spinning past few days, because I’m solo travelling , and anything can go wrong with no knowledge. I’ just wanted to ask. I’m only bringing my Visa debit card , and I’ll be on a tour for 7 days on the Nile river. And the tour people from Egypt getaway tours have quoted me 6953 EGP for hotel entrances fees for sites tour etc. and in NZD that’s $363 NZD , Which ATM at the cairo airport would be best for me with no dcc scam? Or better for visa in general. If not airport where? ☹️
But I will be wanting to exchange $500 NZD to EGP
Questions, please. How much Egyptian currency can I bring into Egypt? And can a person bring it with himself from abroad?
10000
Update: 1€ is right now 32,62 LE
How much 3000 egyptian money here in philippines
NOW THAT I AM WATCHING YOUR VIDEO MORE THAN THREE TIMES IN THIS PARTICULAR VIDEO THE FIRST STEP WHEN YOU PUT HUNDRED EUROS AT THE ATM, AND THEN MACHINE GIVE YOU A POUNDS IS THE PART THAT I DON'T UNDERSTAND I DON'T GET IT WHERE TO START FROM SORRY IF YOU MY ENGLISH IS NOT PERFECT BUT I'M FROM MIAMI FLORIDA AND I'M TRYING TO DO MY BEST TO UNDERSTAND THE VERY BEGINNING OF THIS VIDEO ANYWAY THANK YOU VERY MUCH FOR INFORMATION IF YOU CAN CLARIFY TO ME PLEASE THE VERY FIRST STEP TO PUT IN THE VIDEO THANK YOU SO MUCH FOR YOUR UNDERSTANDING AND YOUR HELP I'LL WAIT FOR YOUR ANSWER BECAUSE I WANT TO GO TO EGYPT IN OCTOBER 2023❤❤❤
SO FAR I HAVEN'T GET ANY ANSWER FOR YOU I HOPE YOU ANSWER MY QUESTIONS IN THE HALL TO EXCHANGE MONEY IN THE BANK EN EGYPT SO I STILL WAITING FOR YOUR ANSWER THANK YOU VERY MUCH CIO
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You can change gum by clanks
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I didn’t 😆
@@EgyptMadeEasy but actually you did great 👍👍👍
Whenever they ask me what currency I want to pay in, I ask them what country are we in? They get the message. Unless they offer an incentive to pay in GBP/USD/Euro always use local currency.
For my clients I accept Bitcoin as well... but that’s for another video ...😉
The price of the dollar in the bank is not equal to the real price of the dollar against the pound. Its real price is much higher now. Whoever wants to get it at the real price, I can help him with that.
you know its illegal what you re referring to right ?
Are you Egyptian??
A 200 hundred is 10 euro non 30
I said 13
@@EgyptMadeEasy ah ok sorry my friend
WHAT YOU FORGET TO SAY THERE IS ALWAYS A CHARGE TO DO ANY TRANSACTION WITH BANKS SO TRY TO BE MORE CLEAR AND HONEST ABOUT WHAT YOU SAY ABOUT EXCHANGING MONEY IN EGYPT IN THOSE BANK'S
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Thanks