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Currency exchange
Tell me, please, how many dollars should be exchanged for Egyptian money? For which it is better to pay in dollars, and for which pounds.
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8 subscribers  • asked 2010-12-1714 years ago
Answers  •  19
аватар papa74
No matter how much they change, then they will have to leave the rest for souvenirs. Or merge where they didn’t want to before leaving ...
Although now they will start telling you that traders count at 5.0, and in the bank 5.7 and you will lose 10% of the amount ....
Haggle for another -10% of the final amount. It's business...
And nothing needs to be changed.
He himself changed to pounds, only for the first time, then 10 times he managed with dollars.
аватар funk90
better in the local one, at this rate they will count
аватар turdur49
the exchange is free.
аватар Karina-Mango
Be sure to change, firstly, because stores with fixed prices do not accept dollars, and secondly, it is better to pay for taxis or minibuses in local currency. I always recommend to my tourists to exchange about 20 dollars per person, this can be done right at the airport when buying a visa. And then if you need more in any branch of the bank already in Sharm.
аватар Karina-Mango
Yes, the rate is now 5.76 per dollar, and if in dollars, then they count at 5.00. So savings on the face.
аватар ilika15
vacation in December. on the forum they asked where and how best to change money, found out that there are a lot of exchangers everywhere. just in case, they took more small bills ($ 1 and 5). as a result, they didn’t change at all: in stores they accept $, in front of you on a calculator they convert to pounds at the official rate (5.75 pounds for $ 1) and give change in pounds. street vendors count $1 at 5.0. this is not in your favor, but given that you can bargain for a third of the price of the goods, these are trifles. By the way, they don’t take commissions at exchange offices, which is a plus. the remaining pounds are always something to spend at the airport - a whole bazaar of souvenirs, bags and other national products ...
аватар Karina-Mango
lika15 I don’t want to argue with you, I even agree that some stores take dollars at the exchange rate of the bank, for all the same, for 5 years of living in Sharm, I myself have seen from my own experience that they accept dollars in stores very willingly, but max at the exchange rate 5.35 i.e. these are trifles of course, but, on the other hand, with 100 dollars it is 7 dollars. And in the METRO or CARFOUR - this is a store with fixed prices (low prices for fruits, local teas, which guides on excursions sell for $ 15 per kg, they cost 15 pounds), they don’t accept dollars, and if you manage to persuade, then 5 pounds for a dollar, and small markets already inflate prices, which is why they agree to take dollars from you at a decent rate ...
аватар ilika15
KARINA, in my life there is only a single experience of a trip to Egypt for an anniversary, I hope not the last trip ... I am fascinated by the Red Sea and in a good way I envy those who live in Egypt. By the way, thanks to your advice and other serious tourists (like papa74) on this forum, our trip was a success. good luck to you and us newbies!
аватар Karina-Mango
Thank you very much, I hope next time we get to know each other, I will send you a private message now.
аватар nadin65
For excursions they always take only dollars,
When buying a visa, take the loan in pounds, and don’t change a lot at once, you will always have time in Sharm full of banks and exchangers, and you can pay in both dollars and pounds and euros too.
I only advise you to take small bills of dollars, they will come in handy for tips and goods are not expensive.
аватар papa74
"Shops with fixed prices do not accept dollars" - it depends on which ones. Only in Carrefour they did not take bucks.
On Soho (opposite Savoy) the store took bucks perfectly, the store opposite Sunrise Island "White Knight" took bucks and made a discount, the 24/7 store, near the Ritz gladly accepted dollars, in the old market (I don’t remember the name) to the right of entrance, grocery accepted at the official rate ... etc ...
_______________________________________________
ilika15 - Grand MERCY!
And just three years ago I was the same beginner....;)
аватар papa74
All the stores that I gave as an example work at fixed prices.
аватар Karina-Mango
I’m telling you that in stores with low prices, such as Carrefour and Metro, they don’t take dollars ... And in general, I’m not going to argue, I just recommend exchanging 20 dollars per person so that there are pounds. Still, this is Egypt, not the United States, and there are places where the Dollars really will not pass.
аватар ilika15
sorry for causing the confusion. I hasten to clarify that I was resting in Hurghada. Probably, everywhere there are nuances. thank you all for your advice and understanding...
аватар nadin65
ilika15 - and I'm waiting for your feedback, I remember that we wrote off with you.
How was the anniversary? Satisfied with your holiday?
аватар Zlata28
well I don't know...
never had a problem that the store did not take dollars
Maybe I'm in the wrong stores? )))
accepted both dollars and pounds equally
we change quite a bit of money for pounds
convenient for small souvenirs and for paying for a minibus
because for 3 pounds you can easily ride a minibus
and when it comes to dollars, then 1 buck and point
and it manifests itself in so many ways
аватар nadin65
"WE ARE ALREADY EVEN EATING SHARKS (note crests and Katsapov)" - you are poorly informed, in the summer a Frenchwoman died, on December 5, 2010, a German woman died from shark bites.
And you mean a patriot! Does that mean you haven't been to Egypt?
Why kalamut water, everyone watches the news, and they know that anything can happen in our homeland, and every day people die in road accidents in all countries, and more in the CIS
аватар Karina-Mango
Zlata28 I'm talking about this, that Egyptian pounds, if you have them in your pocket, help you save a little...
аватар Azizam
Speaking about my experience, I always change dollars for pounds and either in airport banks or in banks in the city... as in a bank 5.76. And people sometimes stupidly did not notice this zero). And I regularly stay with 100-200 L.E., but I’m not particularly worried, because I understand that in a couple of months I’ll fly again, or, in extreme cases, I can spend this balance at the airport.
Regarding the METRO and Abu Ashhara in Hurghada, yes, they take dollars, but really at a low rate (at the discretion of the cashier, since then he will put pounds in the cashier anyway).
By the way, ATMs have appeared to exchange the main currencies (euro, dollar, Kuwaiti dinar and Emirati dirham) for pounds. Can be exchanged at any time of the day. The only feature: the ATM does not issue small bills (less than 10 L.E.), and if you change $ 100, you will receive 570 L.E.
There are several such ATMs on Mamsha, one of them is Abu Dhabi Bank
.
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