Pound Sterling to Egyptian Pound — exchange rate

The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.

Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.

The Egyptian pound (LE) is the currency of Egypt. It can also be referred to as the livre or guinea as in outdated terms. A simplified name for the currency is EGP.

The Egyptian pound can be subdivided into 100 small coins named piastres. The currency was introduced into circulation in 1885. The design of notes and coins was reconsidered several times, the currency’s level of protection has increased.Almost every banknote of the Egyptian pound features key mosques of the country. It serves as a reminder that Egypt is a Muslim state.