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Is it worth exchanging dollars for Egyptian pounds in Sharm El Sheikh?
Or is it more profitable to pay in dollars? If it is worth changing, we will rest near the old market in the hotel, where is it better to exchange?
Translated automatically from Russian. View original
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15 subscribers  • asked 2018-02-027 years ago
Answers  •  30
аватар mindguru
Of course it's better to change. In the bazaar, in a cafe, a supermarket and in general outside the hotel, it is more profitable to pay in pounds. Hookah in the hotel is also more profitable to buy for pounds. We changed at an ATM, there is a fairly adequate exchange rate.
аватар partnercol
What is the current course? It varies a lot or there is a range for $1 on average.
аватар ilika15
Ten days ago, the exchange rate was 17.66 pounds for 1 dollar. Exchanger at the entrance to the Old Market. They always don’t have small money for a pound, so from a pound to 3 pounds they can be short.
аватар ilika15
ON the Old Market it is better to pay in dollars. Pharmacies in the Old Market only accept pounds. In the Metro supermarket pounds and Visa cards. In the Ragab Sons supermarket, pounds, Visa cards and dollars (at a low rate of 16 pounds per dollar). In ordinary shops along the road and on the promenades, they accept any currency.
аватар ilika15
Usually sellers ask "dollar, pound?". We ask both options and choose the more profitable for us (with bargaining, of course)
аватар L_ena
For five years we have not exchanged dollars for pounds in Egypt.
In large malls, we always pay by card. The main Ukrainian banks convert the hryvnia into pounds at close to the maximum exchange rate. Very beneficial.
But I highly recommend having a lot of dollars in denominations of 1 and 5 with you.
аватар Veter.Peremen-Nadezhda.Kurganskaya
It doesn't matter. The exchange rate is the same, approximately 1$/17.70 le
аватар lenokua
Step one dollar or one pound? The answer is obvious. Just don't change a lot so you don't change back.
аватар ilika15
Faced with the fact that the Maestro card did not pass anywhere in supermarkets, only Visa.
аватар lotos12345
We didn’t change, we paid in dollars, Privatbank’s MasterCard Card is accepted in supermarkets, used in Egypt and Turkey, at the rate of the National Bank on the day of purchase. Well, bargain, of course. Have a nice rest!!! When we were in Egypt for the first time, they changed a little, our hotel was in Nabq, and we went to the Oldmarket several times, there is a city beach, here they paid pounds for travel, it’s more profitable.
аватар 140776abramova1
Better in pounds. 02/01/2018 the rate is 10 dollars - 17.50 pounds in the bank.
аватар agent_borabora
When paying in dollars, the Egyptians never have change.
аватар Vika284
Again unobtrusive advertising Privat Bank
There are no other banks
аватар Vika284
Still at the rate not of the National Bank, but the cards of the MasterCard payment system have their own rates, plus interbank cross-currency rates are taken into account
If your card is not a euro currency, then you still lose on cross rates
аватар lotos12345
Vika284, recalculated, it turns out better than changing dollars to lira in Turkey and pounds in Egypt. I have a tablet with me, I know about it. I didn’t have another card besides Privat, not all tourists have them in large numbers, no need to talk about advertising again, we have different financial possibilities. I enjoy reading your comments, very helpful and informative.
аватар klichko
Some are so afraid of Privat, they seem to live in the forest. Shine at last and name a bank with the same convenient operating system and a bunch of ATM terminals (even in the forest))
To bother in exchange for a greasy local shame ... this is how much you need to love money. Only by taxi is a penny benefit and in cafes. Bargaining is easier and more profitable in dollars ... and those who are sold will always find change
аватар Zetter
In early December, rested in Sharm. I didn’t bother with the exchange of dollars, I took pounds right at the hotel at an ATM, from a hryvnia account, a ridiculous 2% commission, from a private card. And we went to Nefertiti where they sell oils, so my terminal did not accept, but Ukrsibbank's wife had no problems.
аватар princesMulan
klichko lobbyist Privat Bank))) not the first time I read your comments in support of Privat
Yes, in Ukraine there are a lot of ATMs and payment terminals from the bank of the financial pyramid Privat, but there are several good banks with foreign capital whose gold card is perceived all over the world as a gold card of a bank client with a reliable reputation, and not a "gold" private card
I support Zetter Ukrsibbank is one of the best banks with foreign capital
аватар klichko
I remember the topic was about old banknotes ... merge through the rare UkrSib terminals, do not forget to brag. And the private lobbyists, of which half of the country will take their own palyubas ... maybe even at the expense of ukrsib lobbyists))
Apparently, you have the most important task to drown private)) And on the topic of the former-now, is there anything?
аватар lotos12345
and we bought Helba yellow tea in Nefertiti, my golden Privat flew like a native !!! In Turkey, Migros, MGM, KIPA stores also accepted kindly. In Privat, I pay a communal apartment without getting up from the couch without commissions, mob. communication, I buy railway tickets, there is no better system for me, it’s very convenient. If you don’t like it, choose another bank, what problems. And it’s probably not worth changing dollars for pounds, a dollar is a dollar everywhere. there was an exchanger in the hotel, not knowing what you have, which hotel are you going to?
аватар Vika284
Everything is the same as you, dear lotos12345, but unfortunately not with a gold card from another bank, plus round-the-clock concierge service, plus discounts in various shops and hotels in the world, free lounge areas at airports
аватар Zetter
For lotos12345 - there are no complaints about gold, I meant cash withdrawal, in Nefertiti I poked Privat's salary. She only has a hryvnia account. By the way, it is very convenient to convert 1 pound = 1.5 hryvnia
аватар princesMulan
There is something to be proud of with a golden private card LOL this is a "bank" and other almost all clients issues golden cards + as a deck of cards a set of different cards
in connection with the distribution of Gold class cards by Privat Bank and other banks, international payment systems introduce new formats of exclusive cards, indicating the extremely high status of their holder
аватар 140776abramova1
Exchange dollars for pounds in the Egyptian National Bank, only he has an incomprehensible work schedule from 11:00 to 16-00 Friday, in a way, would be a day off. There you will definitely not be deceived and fakes will not be palmed off. The course is 1 dollar = 17.50 pounds.
аватар lotos12345
Vika284, good evening!!! May I know the name of your bank? Interested, I want more information, maybe I will become his client.
аватар Zetter
I recommend Arab African International Bank,
аватар Vika284
lotos12345 if you connect the main trips, for example, Turkey and Europe, then there should be a lot of ATMs (withdraw money from a related bank without interest or min interest) and representative offices of these banks in the country
UkrSibbank French financial group BNP Paribas Group
ING bank Dutch financial conglomerate ING
Credit Agricole financial group Credit Agricole Group
Citibank financial group Citigroup
аватар lotos12345
Thank you, Victoria, now I’ll look at their service and deposit rates. Ukrsib and Credit Agricole are in our city, but CITY and Ingbank are apparently only in Kyiv.
аватар Zetter
UkrSibbank obligatory activation for the currency in the country you visit On-line takes a couple of minutes.
аватар TANYA_name
but what about the exchanger at the airport .... or not a favorable exchange rate there
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