Currency

The Egyptian Pound (L.E.), divided into 100 piastres, is the official currency of Egypt. As of 1995 the 3.40 Egyptian Pounds equal one US Dollar. The once severe currency restrictions have largely been lifted and the Egyptian Pound (L.E.) can be freely exchanged with other currencies.

Exchange rates

Egyptian pounds per US$1; market rate: 3.4050 (January 2000), 3.4050 (1999), 3.3880 (1998), 3.3880 (1997),

3.3880 (1996), 3.3900 (1995)

Fiscal year

1 July - 30 June