Currency & Payment

The currency is the Egyptian pound (EGP, symbol E£ or LE), divided into 100 piastres. Carry a supply of small notes, as large notes can be hard to break for taxis, small vendors and tips. Cash is used constantly for everyday purchases, so keep a mix of denominations on hand.

Exchange money at banks, official exchange bureaus and hotels, and keep your receipts. The pound has undergone significant devaluation, so rates can vary noticeably; compare a few places before changing large sums. Bring clean, undamaged USD or EUR notes, as worn or torn bills are often refused.

Cards are accepted at hotels, larger restaurants and shops in cities and resort areas, but cash remains king for markets, taxis, tips and small vendors. Do not rely on cards alone; carry enough cash for daily needs. Visa and Mastercard are the most widely recognised.

Some local mobile wallets exist, but they generally require a local bank account or phone number, so most visitors rely on cash and cards. Contactless card payments are growing in cities and larger venues. For a smooth trip, do not count on mobile wallets and keep cash as your backup.

Tipping, known as baksheesh, is deeply ingrained and expected for many small services, from carrying bags to opening doors and offering directions. Keep a stock of small notes so you can tip easily. In restaurants, around 10% is customary if a service charge is not already included.

Street food and local eateries are cheap, while tourist-area restaurants and resorts cost noticeably more. Bargaining is expected in bazaars and with many vendors, so agree a price before you buy. Set a daily cash budget and keep small notes for everyday spending.

Do not assume a broad tourist VAT refund is available in Egypt; any scheme is limited and details vary. If a refund matters to you, check directly with the retailer before you buy about eligibility, minimum spend and the process. Keep receipts and confirm the current rules rather than relying on general expectations.