Friday 30 March 2012

Egyptian Currency

Egyptian Currency
The Egyptian Pound ( al-Gunayh al-Miṣrī ; Egyptian Arabic el-Genēh el-Maṣri  IPA: [elɡeˈneːh elˈmɑsˤɾi]) (sign: E£ or ج.م; code: EGP) is the currency of Egypt. It is divided into 100 piastre, or qirsh (قروش  [ʔoˈɾuːʃ, ʔeˈɾuːʃ], singular قرش  [ʔeɾʃ]; Turkish: Kuruş), or 1,000 milliemes [mælˈliːm]; French: Millième).

The ISO 4217 code is EGP. Locally, the abbreviation LE or L.E., which stands for livre égyptienne (French for Egyptian pound) is frequently used. E£ and £E are rarely used. The name Gineih is derived from the Guinea coin, which had almost the same value of 100 piastres at the end of the 19th century.

In 1834, a Khedival Decree was issued providing for the issuing of an Egyptian currency based on a bimetallic base. The Egyptian pound, known as the gineih, was introduced, replacing the Egyptian piastre (qirsh) as the chief unit of currency. The piastre continued to circulate as 1⁄100 of a pound, with the piastre subdivided into 40 para. In 1885, the para ceased to be issued, and the piastre was divided into tenths ('oshr el-qirsh). These tenths were renamed milliemes (malleem) in 1916.
Egyptian Currency
Egyptian Currency
Egyptian Currency
Egyptian Currency
Egyptian Currency
Egyptian Currency
Egyptian Currency
 Egyptian Currency
 Egyptian Currency
 Egyptian Currency
History of Egyptian Currency - The Pound تاريخ العملات المصرية - الجنيه
  
Egyptian Pound 5 coin value coin acceptors.flv

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