Cash in Egypt
#1
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Join Date: Mar 2004
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Cash in Egypt
Is it true that the egyptians prefer USD versus egyptian pounds. I've been told I should take USD cash to pay for tours, hotel etc? Is this true? I've always used credit cards for hotels etc. What about at the markets?
#3
Join Date: Jan 2003
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Egyptian currency notes are very old and extremely dirty. You will be best of carrying small US or Euro bills as they are widely accepted. You will need to exchange a small amount of dollars, in my case around $100, into Egyptian Pounds since a lot of the shops will not have change for foreign currency when you make small purchases or even small tips.
When I was there all the hotels were prepaid by the tour company I used but I didn't have a problem paying excess expenses(food etc) with my credit card. For shopping cash is best as very few shops accept credit card.
When I was there all the hotels were prepaid by the tour company I used but I didn't have a problem paying excess expenses(food etc) with my credit card. For shopping cash is best as very few shops accept credit card.
#4
Join Date: Jan 2003
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While it has been 4 years since we were in Egypt, we used credit cards freely for hotels. For some strange reason, US dollars only for visa upon entry.
While some markets would yell prices in USD, Egyptian pounds was the currency of choice everywhere. Never US coins - these can not be converted by Egyptians to pounds. We brought some US singles and used them sometimes for tips, but again, Egyptian pounds were better. Small Egyptian bills were most difficult to get - as ATMs as in US emit larger denominations. I would not bother hauling much US cash - use credit cards, get local currency and have a great trip!
While some markets would yell prices in USD, Egyptian pounds was the currency of choice everywhere. Never US coins - these can not be converted by Egyptians to pounds. We brought some US singles and used them sometimes for tips, but again, Egyptian pounds were better. Small Egyptian bills were most difficult to get - as ATMs as in US emit larger denominations. I would not bother hauling much US cash - use credit cards, get local currency and have a great trip!
#7
Join Date: Aug 2005
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You are OK with both currencies, actually Egyptian Pounds (LE) would be more convenient. When you arrive, just exchange say USD 100 at one of the banks (plenty at the airport) and get them in small denominations... ie. LE 5, 10 and 20s... will be useful for small items shopping, tipping etc...