Egyptian Pound · EGP
£ symbol · 1 country currently using this currency.
Currency info
Adopted: 1834
Currency family: Pound
The Egyptian pound symbol (£) is identical to the British pound, reflecting Egypt's historical monetary ties to Britain.
- Introduced in 1834 during the Muhammad Ali period as a modernization of Egypt's monetary system
- Replaced the Ottoman currency system and became the official currency of Egypt
- Pegged to the British pound sterling during the British colonial period
- Transitioned to a managed float after Egypt's independence in 1952
- Currently managed by the Central Bank of Egypt with periodic devaluations reflecting economic conditions
Countries currently using this currency
Related
Other Pound currencies
Historical predecessor
Ottoman Lira