Can you exchange old-series US dollars in Egypt — ATMs, shops, or exchange offices?
From messages by 3 participants in 1 source · Last activity: 56 days ago
From messages by 3 participants in 1 source · Last activity: 56 days ago
TL;DR
Old-series US dollars are generally refused in shops. ATMs near malls (e.g. by Fix Price stores) offer better rates than hotel exchange desks.
When exchanging via ATM: the machine refused a $100 bill but accepted a $20 bill without issue — there may be denomination limits.
According to locals, banks don't accept dollar bills issued before 2000, while bills from 2000 onward are accepted at full value. A torn or heavily crumpled note (e.g. a $5 bill) may be refused regardless of its issue year.
Locals sometimes try to slip old worn-out bills to tourists as change — this is apparently a common practice, so it's worth checking the notes you receive.
One workaround: exchange old bills for new $20 notes at a bank first, then feed those new $20s into an ATM to convert them to pounds.
Hotel reception actually exchanged old-series dollar bills (not just accepting new ones), though it didn't work on the first attempt. A hotel porter also successfully exchanged an old bill.
At the Reval Inn hotel, guests exchanged money via an ATM with apparently no commission charged.
Old-series dollar bills were refused in all shops. A guide offered to exchange them but at a very poor rate. Using an ATM to withdraw Egyptian pounds directly was the practical workaround.
ATMs located near Fix Price stores are popular with travelers — the constant queues suggest the exchange rate is noticeably better than at hotel desks.
Hotel reception staff said ATMs accept old-series bills as well, but this could not be personally verified — only new-series notes were available at the time.