Egypt and Currency
Discussion
Based on going to Hurghada earlier this year, you don't /need/ EGP's - the airport visa kiosk and big hotels were happy to take Sterling/ Euros/ Dollars - that said, I got the impression where we stayed that (as one might expect) the exchange rates were set to take advantage of 'lazy' tourists sticking with their own currency!
Just got back from sharm two weeks ago, we took £100 changed into egyption pounds for taxi and first day or so and the rest in cash, we got 8.6 to the £ from local money exchange place on the high street, everywhere in Egypt had a better rate 9.3 to 9.6 to the £. with a cash machine in the hotel lobby that also changed £, $ and € to egyption at a good rate.
Hotel, local shops, and shopping in soho square and naama bay all accepted £ or egyption pounds using 10 to 1 as an exchange rate when using £.
If I went again I'd do exactly what we did this time, changing what we needed when we needed it (commision is practically nothing and you get low notes handy for tipping.), or taking both out with us and using what was easier.
Hotel, local shops, and shopping in soho square and naama bay all accepted £ or egyption pounds using 10 to 1 as an exchange rate when using £.
If I went again I'd do exactly what we did this time, changing what we needed when we needed it (commision is practically nothing and you get low notes handy for tipping.), or taking both out with us and using what was easier.
HIS LM said:
Du1point8 said:
OH has spent 2 years there and its better to change across there as you will get a better exchange than in UK. If you have US $ that is a bonus.
I have got few hundred US $ kicking around am I better off just taking that and £50 worth of Egyptian arse paperIf you run out of money and have a HSBC Advanced card there are HSBC banks across there so can get cash from ATMs without being charged.
If I can get money out at Dahab (better for diving) Sharm will be no problems for you.
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