What is the main currency used in Egypt? 🔊
The main currency used in Egypt is the Egyptian pound, abbreviated as EGP. The pound is further subdivided into 100 piastres. The currency has undergone various changes throughout its history, reflecting the country’s economic developments and reforms. The Egyptian pound is issued in both banknotes and coins, with banknotes featuring prominent historical figures, monuments, and symbols of Egyptian heritage. As a key element in the nation’s economy, the pound is used for everyday transactions, trade, and tourism, playing a significant role in Egypt’s financial stability and economic interactions with the international community.
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