What exchange rate do banks and ATMs in Sharm El Sheikh use for euros and dollars?
Based on 2 discussions with 2 participants · Last activity: 21 days ago
TL;DR
Banks and ATMs in Sharm El Sheikh use roughly the Google exchange rate minus a small margin; if you pay cash directly to a seller, they set their own rate and often treat euros the same as dollars.
What the community said
When paying euros directly to a shop or vendor (not via a bank), the seller sets their own unofficial rate and often just equates euros to dollars, which is less favorable.
23 days ago
Exchanging cash or withdrawing from an ATM gives a rate close to the official one — you can check the current Google exchange rate as a reference.
30 days ago Google exchange rate
The euro exchange rate at banks and ATMs is usually slightly worse than the official Google rate — just subtract a small percentage.
30 days ago