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EgyptWhat currency to take to Egypt
In Egypt, there will be no problems with the exchange of any of the two major world currencies - the euro and the US dollar, so you can safely take any of them, which you prefer or which is available. Moreover, in most cases, on vacation, you will not even need to change dollars or euros for Egyptian pounds, because in hotels, when buying excursions, for souvenirs in markets and tourist shops, it is quite possible to pay directly in dollars or euros, but there are nuances that we will discuss further.
Change or pay with currency
If you are going to Egypt for an all-inclusive vacation, then most likely you will need a minimum of free cash in order to buy a few souvenirs at the market and pay for excursions. Then you can do without currency exchange at all (whether you need to change the currency in Egypt, we tell you in detail here), and immediately pay in dollars or euros. The fact is that in tourist areas, resorts and markets near attractions, prices are almost always indicated and called in dollars, and you will be happy to accept payment in this currency, and sometimes even in euros. But still, preference is given to dollars, and they prefer not to bother with euros. You will also be happy to accept euros or dollars in any tourist destination where prices are initially indicated in pounds, but the rate of pounds will be considered at an unfavorable rate, and in such cases you need to know the current rate and bargain.
Moreover, tourists' payments in foreign currency are even stimulated by the official authorities. For example, starting in 2023, foreigners can buy train tickets in Egypt only for euros or dollars. At the same time, please note that foreign currency cannot be paid in large supermarkets, shopping centers or chain stores, and it is also unprofitable to pay in dollars or euros for transportation.
Market exchange rate (Egyptian pound) for today ()
- 100 фунт (EGP) = 138,42 rubles (RUB)
- 1 US dollar (USD) = 52,02 EGP
- 100 rubles (RUB) = 72,24 EGP
- 1 euro (EUR) = 60,50 EGP
Real currency exchange rate *
- 1 US dollar (USD) ≈ 50,98 - 51,92 EGP
- 1 euro (EUR) ≈ 59,29 - 60,38 EGP
* - The real exchange rate is calculated taking into account the fees charged by exchange offices and banks for the exchange. It can also be higher than the calculated one, but if you are offered an exchange rate lower than this, it's a reason to think about finding another place to exchange.
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* - With the widget enabled, the exchange rate of the selected currency will be displayed in the right sidebar on every page of the site until you disable it yourself.
What will give change when paying in dollars or euros
When calculating in dollars or euros in Egypt, the change can be given both in local pounds and in the settlement currency, but this issue needs to be clarified before the transaction, otherwise you will easily be "fused" as a change of pounds not particularly needed by the Egyptians themselves, and even at an unfavorable rate. Therefore, we repeat once again: discuss everything, or even better, record and demonstrate all planned purchase-exchange-delivery operations on paper or a calculator and demonstrate them to the seller before you hand over the money to the seller, otherwise after that all conversations will be useless. After all, Egyptians very easily turn on the "I hear nothing and understand nothing" mode for tourists when it is profitable for them.
Is it possible to carry and exchange rubles
As for rubles, it makes no sense to take them to Egypt for exchange or settlement. If you try very hard, then in the resort areas you can find private money changers or other tourists who can exchange rubles for pounds. But, unfortunately, the conversion rate will be extremely unprofitable, because even the Egyptians understand that the ruble is unpredictable and can "fail" at any moment. Therefore, rubles in Egypt will be appropriate only in the most critical cases, when you have no other money left, the cards do not work, and you really need to pay off.