Egyptian pound
£ or جم
The pound (جنيه مصرى '; abbreviation: LE in Latin, ج.م in Arabic, historically also £E; ISO code: EGP''') is the official currency of Egypt.It is divided into 100 piastres, or ersh (قرش ; plural قروش ; abbreviation: PT ), or 1,000 milliemes (مليم ; millième, abbreviated to m or mill).
The new 20 and 10 Egyptian Pounds (LE) are made out of polymer plastic paper on July 6th, 2022
In 1834, a khedival decree was issued, adopting an Egyptian currency based on a bimetallic standard (gold and silver) on the basis of the Maria Theresa thaler, a popular trade coin in the region.
The Egyptian pound, known as the geneih, was introduced, replacing the Egyptian piastre (ersh) as the chief unit of currency.
Country
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United Arab Republic
The United Arab Republic (UAR; الجمهورية العربية المتحدة), or simply the Arab Republic or Arabia, was a sovereign state in the Middle East from 1958 until 1971. It was initially a political union between Egypt (including the occupied Gaza Strip) and Syria from 1958 until Syria seceded from the union after the 1961 Syrian coup d'état. Egypt continued to be known officially as the United Arab Republic until 1971.
The republic was led by Egyptian President Gamal Abdel Nasser. The UAR was a member of the United Arab States, a loose confederation with the Mutawakkilite Kingdom of Yemen, which was dissolved in 1961.