What is the best currency to use in Egypt?

Ms-Money-Penny

How can i make the most of my money in Egypt, is it better to exchange sterling to Egyptian Pounds or Dollars?

Incapuppy

Why would you change sterling into dollars when the currency is Egyptian Pounds?

asea

Egyptian Pounds of course!

Ms-Money-Penny

Got myself a bit confused reading some websites as people were posting prices in dollars and egpytian pounds. All cleared up now thought thanks.

southernscouser

Incapuppy wrote: »

Why would you change sterling into dollars when the currency is Egyptian Pounds?

Because they happily accept US Dollars and Sterling.

When I've been almost all restaurants/shops have prices in all 3 currency's.

Incapuppy

southernscouser wrote: »

Because they happily accept US Dollars and Sterling.

When I've been almost all restaurants/shops have prices in all 3 currency's.

Yes, I have been to Egypt but I would never dream of changing sterling to dollars to pay for something that has been converted locally from Egyptian pounds to dollars and therefore possibly at a disadvantageous exchange rate.

asea

They will accept other currencies - but at extortionate rates!

I'm half Egyptian & have lived there - only the touristy places will accept dollars & pounds, euros etc.. If you are going somewhere away from the touristy spots there's no way that they will accept any other currencies!

southernscouser

Incapuppy wrote: »

Yes, I have been to Egypt but I would never dream of changing sterling to dollars to pay for something that has been converted locally from Egyptian pounds to dollars and therefore possibly at a disadvantageous exchange rate.

Well I took dollars and got more for my money.

Mark7799

A tip I was given to get round 'baksheesh' was to buy about $20 in $1 bills and I gave them out as tips during our holiday last year - worked well.

Incapuppy

Mark7799 wrote: »

A tip I was given to get round 'baksheesh' was to buy about $20 in $1 bills and I gave them out as tips during our holiday last year - worked well.

Alternatively you could just tip in Egyptian pounds which are of far more use to the locals

sparky7

Visa at the airport = 15 UK Pounds or $15 or 150 Egyptian (Sharm el Sheikh anyway).

Get Egyptian and also US dollars.

Casinos only take US dollars.

Don't get ripped off by the taxi's!

Also, I saw Egyptians changing their Egyptian pounds into US dollars at the cash machines, maybe they don't like their own currency?