Unlike many banks and bureaux de changes we are transparent with our Egyptian Pound pricing. You have direct access to the live GBP/ EGP interbank exchange rate so it's easier for you to compare and see the savings you make using our buy back service. Compare our buy back rates and see how much you could save.
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You sell us
1 GBP = Your exchange rate
Low cost fee 0.00%
1 GBP = Real exchange rate
You get British pounds
GBP
Last updated on
Source: compareholidaymoney.com
You sell us
You get British pounds
GBP
| You Sell | Exchange rate | You Receive (After fees) |
You could save | |
|---|---|---|---|---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
*Your potential saving has been calculated using our exchange rate and the most expensive provider's rate in the market at a given point in time.
Once your currency buy back order is placed, you will be provided with an indicative captured interbank exchange rate and our fee
Please make sure the item has been insured to correct value in the event of loss or theft and keep hold of the tracking ID.
Send to the following address: TCC, PO BOX 66831, London, W27TB
the real exchange rate and our fee will be applied at the time we process your order. We shall then make payment to the bank account details you have provided.
Ideally, whenever you are buying or selling Egyptian Pound it is always a good idea to research where the interbank exchange rate is. The interbank exchange rate gives you a guide as you want to transact as closely to it as possible. For ease, we always show what the mid market rate is on our currency converters.
In a nutshell, when you are selling back Egyptian Pound and converting to GBP you want to do so when the Egyptian Pound is strong against British Pound. This way you will get more British Pound for every Egyptian Pound sold. If you are buying Egyptian Pound the reverse applies and you should try to buy when Egyptian Pound weak against the British Pound since this would mean more Egyptian Pound for every British Pound you spend.
Sell your leftover EGP to us against the best rates for Egyptian Pound in the market.
The Egyptian Pound, also known as Geneh Masri in Egyptian Arabic, is the legal tender of Egypt. "Gene" EGP's Arabic name is derived from Sterling's Guinea unit of account. On the other hand, it is sometimes abbreviated as L.E. or LE as it is called Livre Egyptienne in French. Though it is not one of the most traded currencies, you can still sell Egyptian Pound without any issues.
Official name - Egyptian Pound
Code - EGP
Symbol - £, E£, ج, L.E.
Subunit - Piastre, Millieme
officially used by - Gaza Strip
You can sell your leftover Egyptian Pound to three institutions: a bank, bureau de change, and an online platform. However, if you do not want to waste a significant amount of money on hidden fees and commission rates, you should always opt for an online institution.
Since online currency exchange does not have many expenses associated with their services, they can provide you with better deals. However, it is best to compare several platforms and choose the one offering the lowest Egyptian Pound exchange rates before you settle for one.
You can choose to go through such hassle or simply come to The Currency Club. We are the UKs first digital currency exchange platform, offering interbank rates along with our live rates for Egyptian Pound. We have no hidden charges, and you can compare our exchange rates with the live market rates to estimate our spread.
Our buy back rates are considerably lower compared to most online currency exchange institutions. However, you can compare us before booking our services as complete transparency.
So, if you want to exchange Egyptian Pound at the most advantageous rates, opt for our buy back services.
If you want to get the best value for money against your leftover Egyptian Pound, the ideal time to sell will be when EGP exchange rates drop. For instance, if you want to get Pound Sterlings by selling Egyptian Pound, make sure the GBP to EGP exchange rate is considerably low. Should you see a steep decline, you can choose to wait and see how low the rates can drop. However, if you are not familiar with the forex market, you should not risk the current profit as the rates can suddenly increase as well.
It is common for countries to update their currency by issuing a new set of coins and notes. While new currencies are introduced, the government simultaneous starts withdrawing their old currencies. You can sell Egyptian Pound that is being replaced only if it is still under circulation and yet to cease as the legal tender of Egypt. Should the country stop recognising it as its accepted currency, then the old EGP you have will also lose its value.
It is not possible to deposit one currency into an account of another currency. However, you can sell EGP to us, get it converted into GBP. We will deposit the exchanged amount into your Pound Sterling account.
If so please visit Sterling FX for exceptional sell Egyptian Pound branch rates - www.sterlingfx.co.uk/london-branch
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