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In 1885, Egypt went into a purely gold standard, and the Egyptian pound unit, known as the juneih, was introduced at E£1 = 7.4375 grammes of fine gold. This unit was chosen on the basis of the gold content in the British gold sovereign and maintaining the exchange value of 97.5 piastres to the pound sterling, and it replaced the Egyptian ...
The piastre was based on the Turkish kuruş, introduced while Egypt was part of the Ottoman Empire. As in Turkey, debasement lead to the piastre falling significantly in value. In 1834, the pound, or gineih (Arabic), was introduced as the chief unit of currency, worth 100 piastre. The piastre continues in use to the present day as a subdivision ...
This exchange value of 97.5 piastres to the pound sterling continued until the early 1960s when Egypt devalued slightly and switched to a peg to the United States dollar, at a rate of E£1 = US$2.3. The Egyptian pound continued with its exchange rate of £E = £1 0s 6d sterling until the beginning of the 1960s.
UAE dirham [8] AED United Arab Emirates: AED [9] Moroccan dirham: MAD Morocco: DH Djiboutian franc: DJF Djibouti: Fdj Egyptian pound: EGP Egypt £E or ج.م or L.E. Lebanese pound [10] LBP Lebanon £L and ل.ل [10] [11] Sudanese pound: SDG Sudan: SDG or ج.س Syrian pound [12] SYP Syria £S [13] Omani rial [14] OMR Oman: ر.ع [15] Qatari ...
Dirham; Duella; Dutch cask – a British unit of mass, used for butter and cheese. Equal to 112 lb (51 kg). Esterling; Faggot – has multiple meanings in metrology. As relevant to this article, it was a unit of mass, being 120 lb (54 kg). Grzywna; Keel – a UK unit of mass for coal, equaling 21,540.19446656 kg (47,488.0000000 lb) [7]: 48
A number of units of measurement were used in Egypt to measure length, mass, area, capacity, etc. In Egypt, the metric system was made optional in 1873 and has been compulsory in government use since 1891. [1] [2]
Egyptian pound: EGP LE (Latin) ج.م (Egyptian Arabic) Egypt: Eritrean nakfa: ERN Nkf (Latin script) ናቕፋ (Ge'ez script) ناكفا (Arabic script) Eritrea: Ethiopian birr: ETB Br (Latin Script) ብር (Ethiopic Script) Ethiopia: Gambian dalasi: GMD D Gambia: Ghanaian cedi: GHS ₵ Ghana: Guinean franc: GNF FG Guinea: Kenyan shilling: KES ...
1/2 Millieme, Kingdom of Egypt 1938, King Farouk I The Egyptian pound is divided into 1,000 milliemes , 10 milliemes equal 1 piastre (25 piastres is the smallest currently-minted coin). The Tunisian dinar is divided into 1,000 millimes (10 millimes is the smallest currently-minted coin).