The Egyptian pound or gineih (Arabic: الجنيه المصرى, el-Gineih el-Miṣrī) (sign: £ or ج.م; code: EGP) is the currency of Egypt. It is divided into 100 qirsh (قرش) (pronounced irsh, piastres in English), or 1000 malleem (Arabic: مليم) (milliemes).
The ISO 4217 code is EGP. Locally, the abbreviation LE or L.E., which stands for livre égyptienne (French for Egyptian pound) is frequently used. E£ and £E are also much less-frequently used. Locally in...
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The Egyptian pound or gineih (Arabic: الجنيه المصرى, el-Gineih el-Miṣrī) (sign: £ or ج.م; code: EGP) is the currency of Egypt. It is divided into 100 qirsh (قرش) (pronounced irsh, piastres in English), or 1000 malleem (Arabic: مليم) (milliemes).
The ISO 4217 code is EGP. Locally, the abbreviation LE or L.E., which stands for livre égyptienne (French for Egyptian pound) is frequently used. E£ and £E are also much less-frequently used. Locally in Arabic, .ج.م is used as an abbreviation for el-Gineih el-Maṣrī. The Egyptian Arabic name, gineih, may be related to the English name guinea.
In 1834, a Royal Decree promulgating a Parliamentary Bill was issued providing for the issuing of an Egyptian currency based on a bimetallic base. The Egyptian pound was introduced, replacing the Egyptian piastre as the chief unit of currency. The piastre continued to circulate, as ⁄100 of a pound, with the piastre subdivided into 40 para. In 1885, the para ceased to be issued and the piastre was divided...
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