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Where to exchange dollars or withdraw Egyptian pounds at a hotel in Sharm el-Sheikh?

Based on 2 discussions with 3 participants · Last activity: today

TL;DR

The hotel reception at Sharmilion does not exchange cash dollars. There is an ATM on-site for withdrawing Egyptian pounds, and a currency exchange point outside — head toward the sea from the main entrance and turn right, before the palm tree alley.

What the community said

The hotel ATM does not accept old $100 bills (e.g. dated 2006) — neither for withdrawal nor exchange. Fresh banknotes are required. In Naama Bay the situation is similar: ATMs either work only with cards or run out of cash.

7 days ago Old $100 bills not accepted

Smaller dollar bills (not $100 notes) are much easier to exchange and are accepted without issues. The main difficulty is specifically with old $100 bills.

4 days ago

If the hotel ATM is not working for exchange, shop vendors on the hotel grounds may offer cash dollar-to-pound exchange — but at an unfavorable rate. For reference, the city rate was around 4,987 EGP per $100. Bargaining is possible.

4 days ago ~4,987 EGP per $100 (city rate)

The Sharmilion hotel has an ATM for withdrawing Egyptian pounds, but it does not exchange cash dollars. Cards from RSHB bank work at this ATM.

1 day ago ATM at Sharmilion hotel

Currency exchange near Sharmilion hotel: from the main entrance, walk toward the sea and turn right — the exchange point is located just before the palm tree alley. A security officer nearby can help you find it.

1 day ago Exchange point before palm alley (sea side, right from entrance)

Hotel reception and on-site shops will not exchange cash dollars without a purchase. For a straightforward cash exchange, you need to use the external exchange point outside the hotel.

1 day ago