What Is the Money in Egypt Called?


Quick Answer

The main currency in Egypt is called the Egyptian pound. The pound is divided into increments that are referred to as piastres. The currency in Egypt can be found in paper and coin form and is based on a decimal system.

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Full Answer

A total of six different coins are used in Egypt. These coins are 5 piastres, 10 piastres, 20 piastres, 25 piastres, 50 piastres and 100 piastres. One hundred piastres equals a pound. The paper money, or banknotes, in Egypt come in increments of 5, 10, 20, 50, 100 and 200 pounds. The banknotes include writing in the English and Arabic languages.

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