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| Travelling to Luxor-MX - Currency |
Currency
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The local currency of Luxor is Egyptian Pound or Gineih, which is symbolised as EGP or LE. 1 EGP is equivalent to 100 piastres or qirsh, and 1000 malleem. The notes of Egyptian Pound are available in several denominations, including 200, 100, 50, 20, 10, 5 and 1, apart from 50 piastres and 25 piastres bank notes. Piastres coins are available in denominations of 25, 20, 10 and 5.
When travelling to Luxor, one is advised to carry Egyptian currency to the maximum limit of 38,735.79 INR. On the other hand, the import and export of foreign currency is limited to 449,817 INR or equivalent. Common international currencies like British Pound Sterling, Euros and US Dollar are widely accepted throughout the city. However, the change is generally accepted in Egyptian Pounds by locals at times of minor purchase or tipping.
For withdrawing cash, there are plenty of ATMs across the city. This facility is also available in the lobbies of hotels like Jolie Ville, Sonesta St George, Sofitel Karnak, Lotus and El Luxor. Most of these cash machines accept Link and other British debit as well as credit cards.
Other than cash, credit cards and travellers’ cheques are also widely accepted in Luxor. However, some hotels and cruise boats do not settle the final bills easily on payment through these. Mostly cash is preferred to make payments at majority of the places in the city.
Foreign currency can be exchanged for Egyptian Pounds at banks, with exchange desks and official bureaux de change. Located near major hotels like Corniche and others at the southern end of Luxor, these forex changers have easy access.
As far as the exchange rates are concerned, 1 US$ is equivalent to 5.81 EGP. However, the currency conversion rates for other currencies like INR keep on changing in accordance with their relation to US$. Some of the globally acclaimed banks in this city, offering currency exchange solutions are Citibank, HSBC, Barclays, Deutsche Bank AG, ING Bank, Standard Chartered Bank and Commercial International Bank.
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