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Egyptian Pound |
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Egyptian Pound The currency of Egypt. It was introduced in 1834, replacing the piastre, which continued to circulate at a value of 1% of a pound. From 1885 to 1914, the pound was unofficially pegged to gold. Afterward, it was officially pegged to the British pound until 1962, when the peg switched to the U.S. dollar at various rates. The Egyptian pound became a floating currency in 1989. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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