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.
CNHt to EGP conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | £6.74 | 0.0200% / 0.0320%VIP 7 |
How to buy Tether CNHt
Buy CNHt (or USDT) for EGP (Egyptian Pound) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
m meleha 202 trades|Completion rate 94.00% | 48 EGP | Amount65 USDT Limit300 - 576 EGP | ||
m mohamed01 403 trades|Completion rate 98.00% | 49.64 EGP | Amount100 USDT Limit500 - 2482 EGP | ||
s senior-trader 116 trades|Completion rate 99.00% | 49.85 EGP | Amount450.01 USDT Limit1250 - 2492.5 EGP | ||
M Mosalah 73 trades|Completion rate 100.00% | 49.85 EGP | Amount500 USDT Limit700 - 2492.5 EGP | ||
t tarek mohamed 200 trades|Completion rate 98.00% | 49.85 EGP | Amount84.95 USDT Limit500 - 1000 EGP |
Sell CNHt (or USDT) for EGP (Egyptian Pound) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
R RooRoo 0 trades|Completion rate 0.00% | 50 EGP | Amount1968 USDT Limit10000 - 90000 EGP | ||
R RooRoo 0 trades|Completion rate 0.00% | 49.7 EGP | Amount1618 USDT Limit6000 - 79767.4 EGP | ||
E Egypt trader 28 trades|Completion rate 88.00% | 49.37 EGP | Amount199.7 USDT Limit500 - 9800 EGP | ||
p p2p_SSS_p2p 100 trades|Completion rate 95.00% | 49.3 EGP | Amount304 USDT Limit300 - 14972 EGP | ||
B BGUSER-38ZKNSQ3 7 trades|Completion rate 78.00% | 49.23 EGP | Amount500 USDT Limit300 - 26505 EGP |
What factors influence the conversion rate of Tether CNHt to Egyptian Pound?
Tether CNHt to Egyptian Pound is rising this week.Conversion tables
The exchange rate of Tether CNHt is increasing.CNHt to EGP
EGP to CNHt
Today vs. 24 hours ago
Amount | 03:42 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CNHt | $0.07033 | $0.06978 | +0.78% |
1 CNHt | $0.1407 | $0.1396 | +0.78% |
5 CNHt | $0.7033 | $0.6978 | +0.78% |
10 CNHt | $1.41 | $1.4 | +0.78% |
50 CNHt | $7.03 | $6.98 | +0.78% |
100 CNHt | $14.07 | $13.96 | +0.78% |
500 CNHt | $70.33 | $69.78 | +0.78% |
1000 CNHt | $140.66 | $139.57 | +0.78% |
Today vs. 1 month ago
Amount | 03:42 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 CNHt | $0.07033 | $0.06994 | +0.56% |
1 CNHt | $0.1407 | $0.1399 | +0.56% |
5 CNHt | $0.7033 | $0.6994 | +0.56% |
10 CNHt | $1.41 | $1.4 | +0.56% |
50 CNHt | $7.03 | $6.99 | +0.56% |
100 CNHt | $14.07 | $13.99 | +0.56% |
500 CNHt | $70.33 | $69.94 | +0.56% |
1000 CNHt | $140.66 | $139.88 | +0.56% |
Today vs. 1 year ago
Amount | 03:42 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 CNHt | $0.07033 | $-0.{4}7115 | -- |
1 CNHt | $0.1407 | $-0.0001423 | -- |
5 CNHt | $0.7033 | $-0.0007115 | -- |
10 CNHt | $1.41 | $-0.001423 | -- |
50 CNHt | $7.03 | $-0.007115 | -- |
100 CNHt | $14.07 | $-0.01423 | -- |
500 CNHt | $70.33 | $-0.07115 | -- |
1000 CNHt | $140.66 | $-0.1423 | -- |
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