Egyptian pound | |
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جنيه مصري (Arabic) | |
Obverse of £200 banknote
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ISO 4217 | |
Code | EGP |
Denominations | |
Subunit | |
1⁄100 | Piastre (قرش, Ersh) |
1⁄1,000 | Millime (مليم, Mallīm) |
Symbol | E£ or ج.م |
Piastre (قرش, Ersh) | pt. |
Banknotes | 25pt, 50pt, £1, £5, £10, £20, £50, £100, £200 |
Coins | 25pt, 50pt, £1 |
Demographics | |
Official user(s) | Egypt |
Unofficial user(s) | Gaza Strip, alongside Israeli shekel |
Issuance | |
Central bank | Central Bank of Egypt |
Website | www.cbe.org.eg |
Valuation | |
Inflation | 48% (November 2016) |
The Egyptian pound (Egyptian Arabic: جنيه مصري Genēh Maṣri [ɡeˈneː(h) ˈmɑsˤɾi]; sign: E£, ج.م; code: EGP) is the currency of Egypt. It is divided into 100 piastres, or ersh (Egyptian Arabic: قرش [ʔeɾʃ]; plural قروش [ʔʊˈɾuːʃ]), or 1,000 millimes (Egyptian Arabic: مليم [mælˈliːm]; French: Millime).
The Egyptian pound is frequently abbreviated as LE or L.E., which stands for livre égyptienne (French for Egyptian pound). E£ and £E are commonly used on the internet. The name Genēh [ɡeˈneː(h)] is derived from the Guinea coin, which had almost the same value of 100 piastres at the end of the 19th century.