What is the currency of Egypt? 🔊
The currency of Egypt is the "Egyptian pound," often abbreviated as EGP. The pound is subdivided into 100 piastres. It serves as the nation's official monetary unit and is used for all transactions, both domestically and internationally. The Egyptian pound has experienced fluctuations in value over the years, influenced by various economic factors, including inflation, exchange rates, and government policies. The currency features imagery and symbols reflecting Egypt's rich history and culture, making it an essential aspect of the country's economy and daily life for its citizens and visitors alike.
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