Hi, I'm an Italian guy, I've to go to Egypt, on the Red Sea, but I really don't know if pay Egyptian people/services with dollars or Euro, I can save maybe money paying dollars because 1 dollars it's 0,79 Euro, and many tourist pay in Euro, so maybe for Egyptian 1 Euro = 1 Dollar... What do you suggest ?
2006-09-05 08:56:38 · 18 answers · asked by jack79_mi 2 in Travel ➔ Africa & Middle East ➔ Egypt
I think it is safest to take some of both currencies.
2006-09-05 09:01:08 · answer #1 · answered by Courage 4 · 2⤊ 4⤋
Paying in dollars is best, the Egyptians want American dollars so you will get a better exchange rate than for Euro's.
2006-09-05 10:34:59 · answer #2 · answered by brendagho 4 · 0⤊ 1⤋
ciao italiano, sharm is full of italian guests :) n i love italians ;)
i'm egyptian n im telling u that u can use dollars, euro or egyptian currency all of them r accepted, but i prefere that u use the local currency, it's gonna be cheaper i guess...u can change from any exchange currency there it's easy n it's not the issue...the most important thing is that u should have soooo mcuh fun there, enjoy to the fullest, it's sharm ;)
and if u need anything contact me ;)
ciao bello
2006-09-06 22:23:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I think that would depend on which part of the country you are going to. When I went last year I was advised to take USD, but upon arriving this currency was not widely accepted, thus I paid 2 commission charges - £ Sterling 2 USD, the USD 2 £ Egyptian.
Take Euros - you won't need to change them, so no commission!
2006-09-06 18:11:13 · answer #4 · answered by gpshephard 2 · 0⤊ 0⤋
Either take Dollars or Egyptian Pounds. Euros still not so easily accepted there!
2006-09-05 09:02:27 · answer #5 · answered by rickashe 4 · 0⤊ 2⤋
Talitha Cumi wrote:
The currency in Egypt is the EGYPTIAN POUND....
So nether euro nor dollar are better...
It is easy to get money (local currency) from an ATM (bankomat) when you get there..Or there are many place that exchange currency. (Even at the airport there is a place but you get better rates in town)
Here is a currency convertor to get the exact exchange rate
http://www.xe.com/ucc/
It would be silly for you to change your euro into dollar for the trip..because you are losing money on exchange fees..and both currencies are equally valued..
Many places will except euro or dollar but you will actually be paying more if pay in those currencies..because they like to rise the price for tourists.....
For example for baksheesh ..You would pay a toilet attendant just one Egyptian pound...which is about 15 euro cents... But if you paid her in Euros or Dollars.. You would have to pay a whole dollar.. And course she would be happy..but you are paying much more!!!
BTW..A common trick is to quote a price in Egyptian pounds that you agree with ...and then when you pay..They say they want the same money in UK pounds..which of course is much more....
You never save money by paying in 'hard currency' because of course the Egyptian vendor has to pay to get the foreign currency exchanged to Egyptian money..So why should he give you a discount for paying in foreign currency?
This page explains very well which currency is best to use in Egypt
http://members.virtualtourist.com/m/tt/58ca6/#TL
This site is also a good place to get travel advice
http://forum.virtualtourist.com/1/forum-2003921-1-Travel-Sharm_El_Sheikh-1-forum.html?wosid=fIw9aVzkMkybjDIRIxHtuM
http://www.virtualtourist.com/travel/Africa/Egypt/Muhafazat_Janub_Sina/Sharm_El_Sheikh-2003921/TravelGuide-Sharm_El_Sheikh.html
NB the current rate for..
1 euro = 7.35 Egyptain pounds
1 dollar =5.73 Egyptian pounds
And all Egyptian vendors will be more than aware of the current exchange rate!
I hope that helps you and have a nice holiday. Egypt is an amazing country :-)
2006-09-06 13:48:57 · answer #6 · answered by Romeo 5 · 4⤊ 1⤋
Egyptian pounds
2006-09-08 08:19:39 · answer #7 · answered by Jen G 6 · 0⤊ 0⤋
Dollar
2006-09-06 20:07:11 · answer #8 · answered by solid_gold2002 1 · 0⤊ 1⤋
Dollars Euros both are ok,u can manage with any currency there,Enjoy your trip
2006-09-07 02:31:18 · answer #9 · answered by Maro's mom 5 · 0⤊ 0⤋
The Euro is like 7.5 Egyptian pounds and US$ 5.75 and both are widely accepted .. its your choise
2006-09-05 20:32:25 · answer #10 · answered by AceVentura® 2 · 0⤊ 0⤋
ok i will advice u with a thing
1: make u r money that u will take three
1st: dollars
2nd: Euro
3rd: dollars but when u come egypt change them to egyptian pounds u will need them blieve me
2006-09-06 13:03:49 · answer #11 · answered by MidoTheHawk 2 · 0⤊ 1⤋