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What is the best currency to use in Egypt?

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

  • Incapuppy
    Incapuppy Posts: 5,713 Forumite
    Why would you change sterling into dollars when the currency is Egyptian Pounds?
  • asea
    asea Posts: 1,398 Forumite
    Egyptian Pounds of course!
    nothing to see here, move along...
  • Ms-Money-Penny
    Ms-Money-Penny Posts: 1,604 Forumite
    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
    southernscouser Posts: 33,745 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    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
    Incapuppy Posts: 5,713 Forumite
    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
    asea Posts: 1,398 Forumite
    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!
    nothing to see here, move along...
  • southernscouser
    southernscouser Posts: 33,745 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    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
    Mark7799 Posts: 4,805 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    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.
    Gwlad heb iaith, gwlad heb galon
  • Incapuppy
    Incapuppy Posts: 5,713 Forumite
    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
    sparky7 Posts: 178 Forumite
    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?
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