Currency & Exchange Rate
Egypt uses the Egyptian pound; exchange rates vary but it is about five Egyptian pounds to one U.S. dollar. Current exchange rates are available in the financial sections of newspapers and at: xe.com or CNN Money. Amounts under one pound are in piastres. There are coins but they are rarely used.
Purchasing Items & Currency Exchange
Many locations will accept travelers checks or credit cards. For incidentals and small vendors, we recommend having small U.S. bills as well as getting some local currency.
ATMs
ATMs may not be conveniently located in Egypt’s large cities (and may be nonexistent in smaller cities along the river), and your itinerary may not allow you sufficient time to locate one. When available, ATMs dispense local currency for internationally accepted ATM cards and/or credit cards, and have a service fee of approximately 3%. Should you plan to use ATMs overseas, confirm with your bank prior to departure that your ATM/credit card and PIN will work abroad.
Changing Cash or Travelers Checks
Cash or travelers checks may be exchanged at some hotels, banks and exchange bureaus for a fee. We suggest exchanging currency in small increments, as needed, because changing money back into U.S. dollars may be difficult.
Credit Cards
Euro card, MasterCard, Visa and American Express cards are accepted in all countries in major shops, restaurants and hotels as well as to settle your shipboard account. Before you depart, we recommend that you alert your credit card companies that you plan to use your card(s) on your trip as they will often refuse to honor credit cards if they notice irregular and/or overseas activity.
Currency Onboard Ship & Your Onboard Account
Onboard purchases are billed with a guest check and added to your personal shipboard account. At the end of your trip, you may settle your account by credit card; your bill will be converted at the current exchange rate. The ship cannot accept travelers checks for payment of your shipboard account. Please review your shipboard bill carefully upon checkout so that shipboard personnel can assist you with any questions you may have at that time.
Value Added Tax (VAT)
Many countries have a national “sales tax” (called value added tax or VAT) that is levied on most goods and services. In some cases and with the proper documentation from the point of purchase, it is possible to have a portion of this tax refunded to you on items taken out of a country in unused condition. Depending upon flight schedules and timing, it may be possible to receive a refund by applying at the airport kiosk before departure.