AUD to EGP Currency Converter Australian Dollar to Egyptian Pound

aud to egp currency converter

Free AUD Aussie Dollar Currency Calculator

The Australian dollar is currently worth about 13 Egyptian pounds. If you would like to convert AUD to EGP, you can use our currency converter to get an accurate rate. Keep in mind that the exchange rate may change, so be sure to check the current rate before converting your funds.

Convert AUD to EGP

Converting your money can be helpful when travelling or doing business in a foreign country. If you are not used to calculating the exchange rates whilst visiting a new country, it’s best to use a currency calculator to help you out and avoid overpaying in any situation.

What is a Currency Converter?

A currency converter is a handy online tool that helps people to quickly and easily convert one type of currency into another. This can be useful when travelling, or if you need to budget your money while living in a foreign country.

There are many different converters available online – just like our one Currency Calculate – and most will allow you to enter the amount of money that you want to convert, as well as the currencies that you are working with.

The converter will then provide you with the equivalent amount in the other currency. It’s important to note that the rates offered by currency converters are sometimes only updated once a day, so it’s important to do your research and make sure you are getting the best deal before converting your money!

AUD to EGP Pound Exchange Rates

The Australian dollar and the Egyptian pound are two currencies that are used in different parts of the world. The Australian dollar is used in Australia, while the Egyptian pound is used in Egypt. If you need to convert AUD to EGP, you can use our currency converter to get the latest exchange rate.

The exchange rate will vary depending on the current market conditions. Generally, the Egyptian pound is worth more than the Australian dollar, so you will get less EGP for each AUD when converting them.

How to exchange AUD to EGP when visiting Egypt

If you’re visiting Egypt and need to exchange your Aussie dollars for Egyptian pounds, there are a few different ways you can go about it. You can either go to a bank or an exchange office, or you can use a money transfer service.

The easiest way to do the exchange is at a bank or a currency exchange office. Both of these institutions will typically charge a commission for the service, but it’s usually quite a small percentage.

The disadvantage of going through a bank or an exchange office is that they may not have the best exchange rate, so you may not get as much money for your AUD as you would if you used a different method.

Another option is to use a money transfer service like Western Union or MoneyGram. This option can be convenient because there are often more locations available than at banks or exchange offices.

History of the Egyptian Pound

The Egyptian pound has been in circulation as the country’s currency since 1834. The pound was initially divided into 20 qirsh, but this was later changed to 100 piastres. In 1885, the piastre was replaced by the franc at a rate of 1 franc = 5 piastres. You can view a list of all of the currency symbols of the World here too.

The Egyptian pound remained pegged to the French franc until 1960, when it became pegged to the US dollar at a rate of 1 pound = 2.8 dollars. On November 3, 2016, the Central Bank of Egypt announced that it would allow a free-floating exchange rate for the Egyptian pound after devaluing it by 48%.

It’s changing all of the time, 1 Australian dollar buys approximately 12.9 Egyptian pounds but this rate will be different by the time you are reading this!

Aussie Dollar to Egyptian Pound Currency Conversion

The Aussie dollar has seen better days in terms of its value against other world currencies. In fact, it has taken quite a tumble in recent months. Against the Egyptian pound, its current value is hovering around 12 to 13 EGP per AUD. This is down from a high of nearly 14 EGP per AUD back in January of this year.

Interestingly, the Australian dollar was worth more than the Egyptian pound as recently as late 2016. So what’s behind this fairly recent decline?

aud to egp convert australian dollar to egyptian pound exchange rates

There are a few factors at play here. First, the US dollar has been putting pressure on most other currencies around the world. The Australian dollar is no exception and has been falling in tandem with other currencies like the British pound and Turkish lira. Additionally, Australia’s economy has been slowing down somewhat, which has also weighed on the currency’s value.

How and Where is Best to Exchange AUD to EGP in Egypt?

When traveling to Egypt, it is important to have Egyptian pounds in order to be able to enjoy all that the country has to offer. Tourists will find that exchanging AUD to EGP is best done at money changers inside of the country.

The rate of exchange will vary depending on the location, but usually offers a better value than exchanging currency at the airport. Money changers can be found in most tourist areas, so finding one shouldn’t be difficult. Be sure to have some smaller bills on hand as many of the smaller transactions in Egypt are conducted in pounds versus coins.

If there are banks close to where you are staying, you could also exchange your Australian dollars for Egyptian pounds there. ʻOpenʼ exchange offices are very common in Egypt. Some even have very on brand names like Suez Money Exchange and El Tarazi Exchange.

Travelers cheques can be exchanged at most banks, not only in major cities, but also in smaller towns.

As always, being aware of your surroundings and only choosing a busy location, preferably with a noticeable police presence would be ideal.

Most of the ATMs accept foreign cards, including Cirrus and Maestro; however, be prepared to pay a fee (usually 2%) on any withdrawal in foreign currency. You may find it better to withdraw funds in your home currency and change that currency into pounds before leaving for Egypt.

Use our International Currency Calculator for the latest exchange rates between a growing list of currencies of the entire World!