The Best Way to Carry Money in Egypt

Egypt is one of the most fascinating and exciting places to visit. The nation has existed for over three thousand years, and today its people proudly protect their history and its many monuments.

A Traveler’s Bargain

The country is also quite a traveler’s bargain, with accommodations ranging from reasonable hotels and hostels to luxury suites at very westernized hotels. Street food is enjoyed by the citizens of the country and all travelers are encouraged to sample some of this inexpensive, clean and easy food. Additionally, the influences of the many cultures that have come to Egypt are seen in the other varieties of food available – from English “High Teas” at some upscale establishments to well-known American “burger joints”.

A Hagglers Paradise

Shopping in Cairo and Egypt as a whole is a wonderful experience in the country as well and in addition to “themed” goods, Egyptians produce remarkable rugs, clothing, jewelry, leather goods, inlaid items, perfume, spices and recorded music.

Remember that Egyptians love to “haggle” over prices, and are delighted when a reasonable and fair debate is held over the cost of goods or merchandise. In fact, some travelers enjoy a wonderful social experience, including a cup of mint tea from a vendor, which only adds to the value of the item treasured long after the journey is over.

With all of these wonderful opportunities available to tourists, what is the best way to carry money in Egypt?

The Egyptian Pound

The local currency is the “Egyptian Pound” which is divided up into one hundred piastres. Currency comes in both paper and minted coins, and a visitor can choose which they find easier to handle. Pricing on items may be noted in traditional pound signs (£) or by the designation of LE, which is a French term. Additionally, a visitor may see the pound called a “gunaih” and the piastres called a “qirsh”, which are Arabic terms for the same value.

Some Local Currency is a Must

All visitors should plan on acquiring some amounts of local currency to meet the demands for “baksheesh” or tips. Gratuities for services are expected by most Egyptian workers, so investing in pounds and piastres is a wise choice. Currency exchange is available at both exchanges offices and banks, and street moneychangers should be avoided.

Also, if a visitor is planning to enjoy food from street vendors or do some market shopping, local currency is the best method of payment.

Traveler’s Checks and Credit Cards

Otherwise a traveler can rely on traveler’s checks in American dollars or pounds, and many establishments take most well-known credit cards. Usually a sign or sticker on the door will indicate which cards a shop can accept. Automatic telling machines exist in all major cities in Egypt and a traveler can take advances at many branches.

A Visa Card is probably the best choice when it comes to credit cards.

Pick Pocketing in Egypt

A final note about money in Egypt concerns pick pocketing, which authorities and citizens continually combat but have difficulty eliminating. Most travelers are encouraged to keep their money in a front or chest pocket, and never in a rear or unguarded location on their person. Many citizens carry money in a clip, discarding the use of a wallet as an additional method of combating any pick pocket from easily removing cash.

You Can Have the Egyptian Vacation of Your Dreams

You can hike in the desert, dive in the ocean and marvel at pyramids. Nothing is out of your reach when you plan your vacation with us. Customized travel to Egypt...