Convert Egyptian Pound to United States Dollar
Please provide values below to convert Egyptian Pound [EGP] to United States Dollar [USD], or Convert United States Dollar to Egyptian Pound.
How to Convert Egyptian Pound to United States Dollar
1 EGP = 49.0736 USD
Example: convert 15 EGP to USD:
15 EGP = 15 × 49.0736 USD = 736.104 USD
Egyptian Pound to United States Dollar Conversion Table
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Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.