The primary currency used in Egypt is the Egyptian pound (EGP), which is subdivided into 100 piasters. The pound has been the official currency since 1899, replacing the Egyptian piastre. The currency's symbol is usually represented as "ج.م," and it comes in various denominations of coins and banknotes. The Egyptian pound is crucial for the country’s economy, influencing trade, tourism, and daily transactions. With the growth of Egypt's economy and participation in global trade, the currency continues to evolve, reflecting the nation’s financial policies and inflation rates.