Where to exchange US dollars for Egyptian pounds in Hurghada, and which dollar notes do ATMs accept?
From messages by 5 participants in 2 sources · Last activity: 12 days ago
From messages by 5 participants in 2 sources · Last activity: 12 days ago
TL;DR
Reports suggest USD exchange rates in Hurghada were around EGP 51–51.35 per dollar, while a hotel reception offered about EGP 50. Bank rates and extra currency conversions can be less favorable, and some ATMs may reject USD 50 notes.
In late September, a hotel reception exchanged dollars at EGP 50 per USD, compared with a reported EGP 51.35 rate elsewhere. For a small amount, a difference of roughly EGP 1 per dollar may not justify searching for an ATM or exchange point.
An August report noted a cash exchange rate slightly above EGP 51 per USD. If using an ATM or cash-exchange machine, carry USD 10, 20, or 100 notes, as not all machines accept USD 50 bills.
Avoid unnecessary currency-conversion steps when using cards or transfers, as each extra exchange can worsen the effective rate. Buying US dollars beforehand and exchanging cash locally may work out better.
A small mobile-phone shop exchanged US dollars at roughly EGP 48–50 per USD. The reported official bank rate was lower, so compare a bank quote with local exchange outlets before changing money.