GBP to EGP Exchange Rate Today
British Pound to Egyptian Pound conversion for UK Egyptian community and British travelers. Track live GBP/EGP rates every 30 minutes for remittances, family support, or holidays to Cairo, Alexandria, Red Sea—enjoying exceptional value from strong sterling.
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Frequently Asked Questions
What is the British Pound to Egyptian Pound exchange rate?
The GBP to EGP rate has experienced significant changes, ranging from 40-65+ EGP per 1 GBP due to Egypt's economic reforms and pound devaluation. The UK has an Egyptian community (60,000+) plus strong UK-Egypt tourism links. The Central Bank of Egypt moved toward flexible exchange rates after years of controls. For British Egyptians, the climbing GBP/EGP rate means more Egyptian pounds per sterling—beneficial for remittances but reflecting Egypt's economic challenges. Our converter updates every 30 minutes with current mid-market rates.
How can Egyptians in the UK send money to Egypt?
British Egyptians can use: Remitly (good Egypt coverage), Wise (competitive rates to Egyptian banks), Ria Money Transfer, WorldRemit, Western Union or MoneyGram (everywhere in Egypt); UK banks (expensive, avoid); or direct transfers to Commercial International Bank (CIB), National Bank of Egypt, Banque Misr. For London, Birmingham, Manchester communities sending to Cairo, Alexandria, or Giza, compare total EGP received—rate differences can be 2-4%. Specialized services save significantly versus high street banks.
Is Egypt expensive for British tourists?
Egypt is incredibly affordable for Brits now. With £1 GBP buying 40-65 EGP (depending on timing), UK travelers find exceptional value. Budget hotels £12-25/night, meals £2-8, Nile cruises £300-600, site entries £4-12. Even luxury hotels in Cairo or Red Sea resorts cost far less than UK/European equivalents. Your pounds go extremely far—Egypt is one of the world's best-value destinations for British tourists. Strong sterling makes visits to pyramids, temples, and beaches remarkably affordable.
Why has the Egyptian pound weakened so much?
EGP weakness (1 GBP ≈ 50-65 EGP) stems from: Egypt's economic challenges and high inflation (20-30%+), large import bill vs declining exports, CBE shifting to flexible exchange (2022-2023), tourism disruptions, Suez Canal revenue volatility, and IMF loan conditions. Sterling's strength amplifies the gap. For British Egyptians, this means favorable remittance rates but also recognition that families back home face challenging economic conditions requiring support.
When should I send pounds to Egypt for best rate?
The GBP/EGP rate has been climbing (pound strengthening), so timing matters less for routine transfers—you'll get many pounds either way. For large transfers (property in Cairo/Alex, family medical expenses, investments), watch: CBE announcements, Egypt's IMF program updates, inflation reports, and UK economic data. For monthly family support from UK Egyptian communities, consistent transfers work fine. The trend has strongly favored pound holders.