Money MattersThere are no restrictions on the amount of foreign currency or travelers cheques which may be brought into the country. However, passengers entering Egypt with Egyptian currency exceeding 1000 USD must declare this on arrival.
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A budget traveler can expect to spend around $30 to $50 per day in Egypt, while a mid-range traveler can expect to spend around $50 to $100 per day. It is important to plan ahead and research activities and costs to create a budget that works for you.
It's always advisable to bring money in a variety of forms on a vacation: a mix of cash, credit cards, and traveler's checks. American and Canadian dollars, pounds sterling, and euros are all easily exchanged in Egypt, and Cairo International Airport has a number of 24-hour banks that give the same rates as in town.
Customs rulesYou're allowed to bring in or take out up to 5,000 Egyptian pounds. There is no limit to the amount of hard currency that you can bring in, but you must declare it when you arrive if it's worth more than 10,000 US dollars.
Rather than converting your money prior to arrival, consider waiting until you're in Egypt for a more favorable exchange rate without currency exchange fees. Accepted currencies include Euros, US dollars, AUS dollars and British pounds, offering flexibility in payment methods.
Whenever you tip during your trip to Egypt it is important to use the local currency, that is - Egyptian pounds. Otherwise you'll leave your service providers with cash they can't use without paying high fees on currency exchange.
2egp is the best price i have found for a can of coke. Most shops seem to charge 3.50 to 4 egp to tourists. My familly consists of 5 people so these sort of individual price items makes a difference. Most of my stay in egypt I have been paying 3.50-4 egp for can of coke.
Is it rude not to tip at all-inclusive resorts? While tipping is allowed at some resorts, it is optional, so you won't have to worry about staff pressuring you to do so.
Reconsider travel to Egypt due to terrorism. Exercise increased caution in Egypt due to the Embassy's limited ability to assist dual national U.S.-Egyptian citizens who are arrested or detained. Do not travel to: The Sinai Peninsula (with the exception of travel to Sharm El-Sheikh by air) due to terrorism.
Most businesses, restaurants and retailers accept debit cards, Visa, and MasterCard, however public service providers will not accept payment by credit cards. For example, utility bill collections, taxi services, smaller street kiosks will only accept cash payments. Prepared by our U.S. Embassies abroad.