Q:

What is the Egyptian pound exchange rate?

A:

Quick Answer

As of December 2015, one Egyptian pound is worth about 12.8 cents, according to the Money Converter. Another way to express this relationship is to say that one dollar is worth about 7.8 Egyptian pounds.

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Full Answer

Over the last 10 years, the Egyptian pound has mostly decreased in value relative to the dollar, notes XE. The Egyptian pound reached a high point in value near 18.9 cents in August 2008. The value had eroded to about 16.4 cents by the end of 2012, when the value dropped to 14.3 cents. The price fell again in January 2015, quickly plunging from 14 cents to 13.1 cents.

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