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The Egyptian Pound is the official currency of Egypt. It is divided into 100 piaster (Pt.).
The ISO standard code (ISO 4217) of the Egyptian pound 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.
Currency code" redirects here. It is not to be confused with Currency sign.
ISO 4217 is a standard published by the International Standards Organization, which delineates currency designators.
The ISO 4217 code list is used in banking and business globally. In many countries the ISO codes for the more common currencies are so well known publicly that exchange rates published in newspapers or posted in banks use only these to delineate the different currencies, instead of translated currency names or ambiguous currency symbols. ISO 4217 codes are used on airline tickets and international train tickets to remove any ambiguity about the price.
Position of ISO 4217 code in amounts:
The ISO 4217 code is followed by a fixed space and the amount: (e.g. EGP 30).
The standardized European default placement, used in absence of a national standard, is that the currency symbol is placed before the amount.
The pound sign is placed before the number (e.g. "LE12,000"), and separated from the following digits by no space or only a thin space.
(2 decimal places), and the point (dot) is the decimal place separator
(e.g. EGP 30.25)
As the decimal mark is a point, the thousands separator is often a comma or a space.
The problem with the point and the comma as either decimal mark or digit group separator (thousands separator) is that, internationally, they have both often been used for both meanings, and their meaning is context-dependent (one must know which notational system is being used in order to interpret them). Therefore the space is recommended in the SI/ISO 31-0 standard, and the International Bureau of Weights and Measures states that "for numbers with many digits the digits may be divided into groups of three by a thin space, in order to facilitate reading. Neither dots nor are commas inserted in the spaces between groups of three”.
(e.g., EGP 10 000 000)
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