EGP information
About Egyptian Pound (EGP)
The Egyptian Pound (EGP), the official currency of Egypt, is not only a medium of exchange but also a symbol of Egypt’s rich history and evolving economic landscape. It is commonly abbreviated as EGP and represented by the symbol £. From the times of the Pharaohs to the modern era, Egypt has been a center of civilization and commerce. The Pound, introduced in the early 19th century, has played a pivotal role in this journey, reflecting the country's economic resilience and aspirations.
Historical Background
The Egyptian Pound was first introduced in 1834, replacing the piastre as the chief unit of currency. This transition marked Egypt’s gradual move towards a modern economy. The currency's establishment coincided with Muhammad Ali Pasha’s reign, often considered the founder of modern Egypt, who introduced various reforms to modernize the Egyptian economy.
Design and Symbolism
The design of the Egyptian Pound is a testament to Egypt's unique blend of rich ancient heritage and modern aspirations. The banknotes feature iconic symbols and figures from Egypt’s long history, including pharaohs, ancient monuments like the Pyramids of Giza, and modern leaders who have shaped the country’s recent history. These designs not only serve an economic purpose but also reflect national identity and pride.
Economic Role
The Pound is central to Egypt's economy, a mixed economy with agriculture, industry, and services sectors. It underpins these sectors by facilitating domestic and international trade. The stability and value of the Pound are vital for economic growth, influencing foreign investment, government revenue, and the standard of living.
The Pound in International Trade
Egypt's strategic location as a bridge between Africa and the Middle East, and its control of the Suez Canal, a key global shipping lane, make the Egyptian Pound significant in regional and international trade. The currency's performance against major currencies like the US Dollar and the Euro impacts Egypt's trade balance and economic health.
MELO to EGP conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | £0.{4}1753 | 0.0200% / 0.0320%VIP 7 |
How to buy Melo Token
Buy MELO (or USDT) for EGP (Egyptian Pound) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
m mahmoud said 538 trades|Completion rate 100.00% | 49.25 EGP | Amount16.4 USDT Limit500 - 985 EGP | ||
M Mohamed Ahmed1 118 trades|Completion rate 99.00% | 49.29 EGP | Amount800.32 USDT Limit300 - 2464 EGP | ||
A AmAm153 414 trades|Completion rate 100.00% | 49.35 EGP | Amount358.16 USDT Limit500 - 24675 EGP | ||
m mohamed01 398 trades|Completion rate 99.00% | 49.35 EGP | Amount150 USDT Limit500 - 2462.5 EGP | ||
( (01002649625)$GMG$ 55 trades|Completion rate 95.00% | 49.38 EGP | Amount200.13 USDT Limit300 - 9882 EGP |
Sell MELO (or USDT) for EGP (Egyptian Pound) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
V VITOOOO EXCHANGE 0 trades|Completion rate 0.00% | 49.8 EGP | Amount2200 USDT Limit12000 - 109560 EGP | ||
V VITOOOO EXCHANGE 0 trades|Completion rate 0.00% | 49.5 EGP | Amount1400 USDT Limit7000 - 79200 EGP | ||
B BGUSER-R3SCE8SG 0 trades|Completion rate 0.00% | 49.25 EGP | Amount2985.01 USDT Limit300 - 147750 EGP | ||
E EGX 10 trades|Completion rate 83.00% | 49.25 EGP | Amount139.45 USDT Limit300 - 9820 EGP | ||
A Ah Gsm 2 trades|Completion rate 67.00% | 49.24 EGP | Amount7463.05 USDT Limit3000 - 300000 EGP |
What factors influence the conversion rate of Melo Token to Egyptian Pound?
Melo Token to Egyptian Pound is rising this week.Conversion tables
The exchange rate of Melo Token is decreasing.MELO to EGP
EGP to MELO
Today vs. 24 hours ago
Amount | 16:32 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MELO | $0.{6}1824 | $0.{6}1824 | +0.02% |
1 MELO | $0.{6}3648 | $0.{6}3648 | +0.02% |
5 MELO | $0.{5}1824 | $0.{5}1824 | +0.02% |
10 MELO | $0.{5}3648 | $0.{5}3648 | +0.02% |
50 MELO | $0.{4}1824 | $0.{4}1824 | +0.02% |
100 MELO | $0.{4}3648 | $0.{4}3648 | +0.02% |
500 MELO | $0.0001824 | $0.0001824 | +0.02% |
1000 MELO | $0.0003648 | $0.0003648 | +0.02% |
Today vs. 1 month ago
Amount | 16:32 today | 1 month ago | 1M change |
---|---|---|---|
0.5 MELO | $0.{6}1824 | $0.{6}1894 | -18.24% |
1 MELO | $0.{6}3648 | $0.{6}3789 | -18.24% |
5 MELO | $0.{5}1824 | $0.{5}1894 | -18.24% |
10 MELO | $0.{5}3648 | $0.{5}3789 | -18.24% |
50 MELO | $0.{4}1824 | $0.{4}1894 | -18.24% |
100 MELO | $0.{4}3648 | $0.{4}3789 | -18.24% |
500 MELO | $0.0001824 | $0.0001894 | -18.24% |
1000 MELO | $0.0003648 | $0.0003789 | -18.24% |
Today vs. 1 year ago
Amount | 16:32 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 MELO | $0.{6}1824 | $0.{6}2827 | -76.04% |
1 MELO | $0.{6}3648 | $0.{6}5654 | -76.04% |
5 MELO | $0.{5}1824 | $0.{5}2827 | -76.04% |
10 MELO | $0.{5}3648 | $0.{5}5654 | -76.04% |
50 MELO | $0.{4}1824 | $0.{4}2827 | -76.04% |
100 MELO | $0.{4}3648 | $0.{4}5654 | -76.04% |
500 MELO | $0.0001824 | $0.0002827 | -76.04% |
1000 MELO | $0.0003648 | $0.0005654 | -76.04% |
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