US Dollar to Egyptian Pound — exchange rate

The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.

The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.

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 It can also be referred to as the livre or guinea as in outdated terms.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.