Convert Egyptian Pound to Indian Rupee

The Egyptian Pound is the official currency of the Arab Republic of Egypt. The Currency is represented by the symbol E£ and by the abbreviation EGP. One EGP is subdivided into 100 Piastres. The banknotes and coins are issued by the Central Bank of Egypt. The banknotes of 25pt, 50pt, £1, £5, £10, £20, £50, £100, £200 and coins of 25pt, 50pt and £1 are in circulation. Cairo is the capital of Egypt. The Egyptian Pound on conversion to Indian Rupee results in 1 Egyptian Pound is equal to 3.5-4 Indian Rupees. Find live rates for converting Egyptian Pound to Indian Rupee here.

Egypt, also known as the gift of Nile is home to one of the world’s greatest wonders the Pyramids. These historic monuments of architectural excellence are one of the key reasons that attract people into Egypt.Nile is one of the key factors that contribute to the productivity of Egypt. The fertile soil along the banks of the river is used for large scale agricultural purposes. Egypt also exports petroleum products and natural gas. But the majority of the economy depends upon foreign investments. The infrastructure and major utilities are built with the help of foreign investments. The Egyptian pound was adopted in Egypt due to the British influence in Egypt. Tourism is also a key industry that provides employment and revenue to the population of Egypt. Since lots of people come to visit the Pyramids and other ancient monuments, the tourism industry is very lively in Egypt. This has created a popularity in the usage of other currencies such as the Euro, USD and British Pound Sterling. Hence these currencies can be exchanged in Egypt for the Egyptian Pound currency.

In India, there is low demand and popularity for the Egyptian Pound. Hence the exchange houses and banks do not keep the Egyptian currency and do not directly convert INR to EGP. This is done by converting INR to USD and then convert USD to EGP in Egypt.

Convert INR to EGP

The EGP currency is not very popular or demanding in India. So the banks and exchange houses do not keep the Egyptian currency with them. So in order to convert INR to EGP, first the INR has to be converted into a more popular and widely accepted currency USD then the USD is converted to EGP in exchange houses at Egypt. Euros, British Pound, Canadian Dollar, Australian Dollars, etc. are also accepted. In India, Extarvelmoney.com can help you find the best exchange rate for USD in your region. From our website choose the vendor with the best exchange rate in your region and place your order. Then shortly our customer care executive will contact you for completing the order. Make the payment online and you can even request the vendor to deliver the cash to your home and pick up the KYC documents.

Convert EGP to INR

The conversion of the Egyptian Pound to Indian Rupee cannot be done in India. There is no potential demand for Egyptian Pound currency in India. Hence the banks and exchange houses do not facilitate conversion. The most convenient way to convert EGP to INR is by converting EGP to USD before you leave Egypt. The USD can be converted to India with the help of Extravelmoney.com. Just choose the vendor in your region that provides the best exchange rate for USD and place the order. Then with the help of our customer executive complete the order. You can request the vendor to pick up the forex and KYC documents.

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