Unknown currency of Egypt

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in Russia - ruble shekel - in Israel, "bunnies" - in Belarus and what operating
national currency in Egypt?Surprisingly, despite the popularity of the country with our travelers, just answer this question may not many.

To make up for this a few minor gaps in knowledge, and written this article.In it, we talk about the history of currency of one of the oldest countries in the world.

Beginning

first signs state the country has been in the middle of the 6th century BC, although the population of the territory began much earlier - in the 10th century BCIt was at the dawn of the 5th century there were born two kingdoms, which two centuries later brought in a single country.

During the heyday of Egyptian civilization (approx. 1 - 2nd century BC) in the country were considered as money metal ingots, weighing about 91 grams.Otherwise, they were called "Debeny."The material used to manufacture them gold and silver.A special feature was debena possibility of dividing into 10 equal parts.They are calculated for the imported goods or for purchases of household items and animals.This was the first Egyptian currency.

economic recovery, strengthening of foreign trade relations of the country, led to the emergence of a new cash equivalents - Utena - copper spiral, twisted in a special way.The currency in Egypt for some time been in vogue along with Deben.

Surprisingly, in subsequent years, the development of the financial system literally "frozen", and most of the relations in the economic sphere is based on the products of natural economy, exchange of goods and forced labor.This is probably due to the fact that the country was a colony in turn the great empires of different eras, including the occupation and the subsequent colonization of Great Britain.Search for information about what the Egyptian currency has taken place over several centuries, until the beginning of the 19th century proved to be quite difficult.

Modern money

National currency of Egypt since 1834 - the Egyptian pound, which is a bargaining chip Egyptian piastres (1 EGP or LE = 100 piastres).With respect to American bank notes pound Egypt applies as 1 $: 4,5 - 6LE.However, local traders and institutions provide customers the ability to pay and the US dollar.However, the rate may not change very much in favor of the client, and to date do not have to count.

import of foreign money into the country is not limited, but Egypt's own currency for import banned.

most international bank card systems are not prohibited and may be used, but this statement is true only for large tourist centers.On the periphery to find an ATM or electronic device for payment on the card will be extremely difficult.

better to exchange money in banks and airports, because the hotel does not always operate such services, and the rate may vary significantly from the bank.Moreover, to avoid street money changers who do not stop by any means "honest weaning" money from the tourists.