One of the most beautiful countries in the Arab world is, of course, Egypt. His
millennia-old history, geographical location and friendly, as for eastern customs, population made this North African state the leader of the
Arab world! But this idyll of secular Islam destroyed this, of course, the Western currency, envious and destroying everything in its path. Egypt
now has become a country of chaos and anarchy. The constant revolutions, backed by patrons from the United States, the European Union and the Arabian monarchies, completely destroyed one of the region’s most powerful economies. And the 85 millionth
population of Egypt, among which about 15% of Christians, began to be in constant confrontation.
The influence of money
What did such a foreign currency deserve for such an attitude ? Egypt After all, he received huge profits from the tourism business. But along with the funds, he also gained increasing influence in the region. A
The strong Arab Republic of Egypt is no longer just a business partner or a good resort, but a strategic competitor that poses a threat to both the economy and the security of many countries in the region. Which, in turn, have powerful patrons with the most developed military forces and alternative means of pressure on states that interfere with their own foreign policy. Thus, the bloody revolutionary green currency was removed from the international political arena two years ago by the North African heavyweight. Egypt
at one of the most important stages of its development, he stumbled on the foot of yesterday’s partners, who actively began to sponsor and support the anarchist rebels. A competitive economy began to fade away.
What is the currency in Egypt?
Today, Egypt needs foreign money more than ever. But already democratic states will begin to allocate them unless in the framework of humanitarian assistance. Now the Egyptians should cool their ardor, forget past revolutionary grievances and begin to renew their own financial system. One of the main elements of the financial system of this North African state is also the national currency. Egypt emits monetary units called the Egyptian pound. It is designated on the currency market by the bank code EGP and has the code of the international standardization organization ISO 4217. The pound, in turn, is a bargaining unit and is divided into 100 piastres. Although this state has experienced a sufficient number of internal shocks, the national currency has not fallen very much during this difficult period. Thus, the currency of Egypt to the ruble Correlates in the proportion of 1 to 4.75 RUB. This indicates the consciousness of the country's population and the possibility of a speedy recovery of the state economy from revolutionary dope. And these signals are also positive for the Russians, who like no one else like to buy trips to Egypt and enjoy the pyramids and other equally famous sights of this beautiful country all autumn.