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The Egyptian pound ( Egyptian Arabic : جنيه مصرى [ɡeˈneː ˈmɑsˤri, ˈɡeni-] ; abbreviations: £ , E£ , £E , LE , or EGP in Latin , and ج.م. in Arabic , ISO code : EGP ) is the official currency of Egypt . It is divided into 100 piastres , or qirsh ( قرش [ʔerʃ] ; plural قروش [ʔʊˈruːʃ] ; abbreviation: PT (short for "piastre tarif") ) and was historically divided into 1,000 milliemes ( مليم   [mælˈliːm] ; French : millième , abbreviated to m or mill ).

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27-674: (Redirected from Le ) [REDACTED] Look up LE  or le in Wiktionary, the free dictionary. LE or le may refer to: Businesses [ edit ] See also: § Transportation Le.com (Leshi Internet or Le), a Chinese technology company LeEco (Leshi Technology or LE), a former Chinese technology company Government and military [ edit ] Law enforcement , umbrella term for police, courts and prisons French Foreign Legion (French: Légion étrangère ) People [ edit ] Le (surname) ,

54-570: A sterling peg of one pound and sixpence sterling to one Egyptian pound. Inverted, this gives E£0.975 for one pound sterling. 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 was also used in Anglo-Egyptian Sudan between 1899 and 1956, and Cyrenaica when it

81-412: A British train operating company Level (airline) (IATA designation: LE) Limited edition , a naming designator for automobiles Long Éireannach (LÉ), ship prefix for Irish naval vessels Luxury edition , another naming designator for high-end automobiles Other uses [ edit ] Egyptian pound (French: livre égyptienne ), the currency of Egypt Le , a la♯ musical note in

108-522: A ferris wheel on the Thames Science and technology [ edit ] Chemistry and physics [ edit ] Lattice energy , the energy of formation of a crystal from infinitely-separated ions Lewis number , a dimensionless number ratio in physics Ligand efficiency , a measure of the binding energy of a ligand to its binding partner Computing [ edit ] Linear Executable , an OS/2 file format LE (text editor) ,

135-419: A new base metal coinage was introduced consisting of bronze 1 ⁄ 2 m and holed, cupro-nickel 1m, 2m, 5m and 10m coins. Silver 2 PT, 5 PT, 10 PT and 20 PT coins continued to be issued, and a gold E£1 coin was reintroduced. Between 1922 and 1923, the gold coinage was extended to include 20 PT and 50 PT and E£1 and E£5 coins. In 1924, bronze replaced cupro-nickel in the 1m coin and the holes were removed from

162-411: A simple text editor for unix-like operating systems Let's Encrypt , a non-profit certification authority Little-endian , a system that stores the least-significant byte at the smallest address Other uses in science [ edit ] Lunar eclipse , in astronomy Lupus erythematosus , autoimmune diseases Transportation [ edit ] Greater Anglia (National Rail code: LE),

189-532: The Maria Theresa thaler rated at 20 piastres. The Maria Theresa thaler was a popular silver trade coin in the region around that time. In the wake of this currency reform, Egypt minted a gold coin known as the bedidlik, equal to 100 piastres, and a silver rial coin of 20 piastres corresponding to the Maria Theresa Thaler . In 1839, a piastre contained 1.146 grams of silver, and meanwhile

216-814: The National Bank of Egypt introduced notes in denominations of 50 PT, £1, £5, £10, £50 and £100. Between 1916 and 1917, 25 PT notes were added, together with government currency notes for 5 PT and 10 PT issued by the Ministry of Finance . In 1961, the Central Bank of Egypt took over from the National Bank and issued notes in denominations of 25 and 50 piastres, £1, £5, £10 and £20 notes were introduced in 1976, followed by £100 in 1978, £50 in 1993 and £200 in 2007. All Egyptian banknotes are bilingual , with Arabic texts and Eastern Arabic numerals on

243-400: The solfège solmization Long-exposure photography See also [ edit ] Lee (disambiguation) Leah (disambiguation) Leh (disambiguation) Leo Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title LE . If an internal link led you here, you may wish to change the link to point directly to

270-485: The 25 PT, 50 PT and £1 banknotes were phased out in favour of more extensive use of coins. However, as of June 2016 the National Bank of Egypt reintroduced the £1 banknote into circulation as well as 25 PT and 50 PT notes in response to a shortage of small change. The governor of the Central Bank of Egypt announced that the Central Bank of Egypt will issue polymer notes by the beginning of 2021. This change comes as

297-568: The British gold sovereign was rated at 97.5 piastres. While 100 Egyptian piastres and the bedidlik coin were referred to as a pound in the English speaking world, this was not the principle unit in the new Egyptian monetary system of 1834. Reference to an Egyptian pound unit of account appeared in 1884 on a E£50 promissory note signed by General Gordon at the Siege of Khartoum , but it wasn't until

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324-613: The CBE moves its headquarters to the new administrative capital. On July 31, 2021, the President of Egypt reviewed the notes of £10 and £20, to be issued in November 2021. In August 2021, the Central Bank was forced to confirm that rainbow holograms on the new banknotes were a secure watermarking feature to prevent counterfeiting, after online critics suggested it was a covert message of support for LGBT rights . Just nearly 2 years after

351-474: The Egyptian and Turkish units split from each other in value, with the Egyptian unit continuing its exchange value of 97.5 piastres to the pound sterling. 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

378-490: The beginning of the 19th century, Egypt and Turkey shared a common currency, the Ottoman piastre , divided into 40 paras. However, under Muhammad Ali , Egypt started to issue its own coinage, and in 1834, by which time Egypt was now nominally independent from Ottoman rule, a khedival decree was issued, adopting an exclusively Egyptian monetary system whereby Egypt went into a silver and gold bimetallic standard based on

405-557: The exchange value of 97.5 piastres to the pound sterling, and it replaced the Egyptian piastre ( qersh ) as the chief unit of currency. This reform resulted in the Maria Theresa Thaler being adjusted to 21 piastres, with 20 piastres now being rated at 5 French francs, and the foreign exchange rates were fixed by force of law for the important currencies which had become acceptable in the settlement of internal transactions. It wasn't however until 1899 that banknotes started to appear with

432-628: The intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=LE&oldid=1251147208 " Category : Disambiguation pages Hidden categories: Articles containing French-language text Short description is different from Wikidata All article disambiguation pages All disambiguation pages LE">LE The requested page title contains unsupported characters : ">". Return to Main Page . Egyptian pound The 10- and 20-pound notes are made out of polymer plastic paper as of July 6, 2022. At

459-561: The next year in 1885 that this unit of account would become the official unit. Meanwhile, back in 1840, despite Egypt's separate coinage, it was agreed under the Turkish-Egyptian treaty dated that same year, that the Turkish and Egyptian strikes should nevertheless maintain equal value. However, in 1844, the Ottoman piastre was devalued in conjunction with the creation of a new Ottoman lira unit, and Egypt didn't follow suit. Hence

486-549: The obverse, and English texts and Western Arabic numerals on the reverse. Obverse designs tend to feature an Islamic building with reverse designs featuring Ancient Egyptian motifs (buildings, statues and inscriptions). During December 2006, it was mentioned in articles in Al Ahram and Al Akhbar newspapers that there were plans to introduce £200 and £500 notes. As of 2024, there are £200 notes circulating but there are still no plans for issuing £500 notes. Starting from 2011

513-408: The other cupro-nickel coins. In 1938, bronze 5m and 10m coins were introduced, followed in 1944 by silver, hexagonal 2 PT coins. Between 1954 and 1956, a new coinage was introduced, consisting of aluminium-bronze 1m, 5m and 10m and silver 5 PT, 10 PT and 20 PT coins, with the size of the silver coinage significantly reduced. An aluminium-bronze 2m coin was introduced in 1962. In 1967 the silver coinage

540-1048: The piastre and millieme are no longer legal tender, the smallest denomination currently minted being the 25 PT coin (functioning as one-quarter of E£1), these terms have mostly fallen into disuse and survive as curios. A few have survived to refer to pound notes: bariza now refers to the E£10 note and reyal can be used in reference to the E£20 note. Different sums of the Egyptian pound have nicknames in vernacular speech, for example: E£1 bolbol ( بلبل ) "nightingale" or gondi ( جندى ) "soldier"; E£1,000 bako ( باكو ) [ˈbæːko] "pack"; E£1,000,000 arnab ( أرنب ) [ˈʔærnæb] "rabbit"; E£1,000,000,000 feel ( فيل ) [fiːl] "elephant". Between 1837 and 1900, copper 1 and 5 para*, silver 10 and 20 para, 1, 5, 10 and 20 piastre (pt), gold 5pt, 10pt. and 20pt and E£1 coins were introduced, with gold 50 PT coins issued in 1839. Copper 10 para coins were introduced in 1853, although

567-609: The romanization of several surnames Lê (footballer, born 1964) , Ronaldo Francisco Lucato, Brazilian midfielder Lê (footballer, born February 1979) , Leandro Coelho Cardoso, Brazilian attacking midfielder Lê (footballer, born July 1979) , Leandro Cesar de Sousa, Brazilian defensive midfielder Lê (footballer, born 1984) , Leonardo Hermes Lau, Brazilian attacking midfielder LE (rapper) (born 1991), South Korean music artist and dancer Places [ edit ] LE postcode area , Leicester, United Kingdom Province of Lecce (ISO 3166-2:IT code LE), Italy London Eye ,

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594-570: The silver coin continued to be issued. Copper 10 para coins were again introduced in 1862, followed by copper 4 para and 2 1 ⁄ 2 PT coins in 1863. Gold 25 PT coins were introduced in 1867. In 1885, the para was replaced by the millieme in order to decimalise the currency and a new coinage was introduced. The issue consisted of bronze 1 ⁄ 4 , 1 ⁄ 2 , 1, 2 and 5 millieme (m), silver 1 PT, 2 PT, 5 PT, 10 PT and 20 PT coins. The gold coinage practically ceased, with only small numbers of 5 PT and 10 PT coins issued. In 1916 and 1917,

621-403: The word nickel ) nekla ( نكلة ) [ˈneklæ] for 2 milliemes, ta'rifa ( تعريفة ) [tæʕˈriːfæ] for 5 milliemes, "nos franc" ( نص فرانك ) for 2 piastres, shelen ( شلن ) [ˈʃelen] (i.e. a shilling ) for 5 piastres, bariza ( بريزة ) [bæˈriːzæ] for 10 piastres, and reyal ( ريال ) [reˈjæːl] ( " real " ) for 20 piastres. Since

648-468: The word "pounds" on them, written in English. Meanwhile, the piastre continued to circulate as 1 ⁄ 100 of a pound, the para was discontinued in 1909, and the piastre was divided into tenths ( عشر القرش 'oshr el-qirsh ). These tenths were renamed milliemes ( malleem ) in 1916. Then, at the outbreak of World War I , with the gold specie standard being suspended in the UK, the Egyptian pound used

675-466: Was abandoned and cupro-nickel 5 and 10 piastre coins were introduced. Aluminium replaced aluminium-bronze in the 1m, 5m and 10m coins in 1972, followed by brass in the 5m and 10m coins in 1973. Aluminium-bronze 2 PT and cupro-nickel 20 PT coins were introduced in 1980, followed by aluminium-bronze 1 PT and 5 PT coins in 1984. In 1992, brass 5 and 10 piastre coins were introduced, followed by holed, cupro-nickel 25 piastre coins in 1993. The size of 5 PT coins

702-464: Was reduced in 2004, 10 PT and 25 PT coins - in 2008. On 1 June 2006, 50 PT and E£1 coins dated 2005 were introduced, and its equivalent banknotes were temporarily phased out from circulation in 2010. The coins bear the face of Cleopatra VII and Tutankhamun's mask , and the E£1 coin is bimetallic . The size and composition of 50 PT coins was reduced in 2007. ** Not in circulation as of 2008. In 1899,

729-559: Was under British occupation and later an independent emirate between 1942 and 1951. It also circulated in Mandatory Palestine from 1918 to 1927, when the Palestine pound was introduced. The Egyptian pound continued with its exchange rate of E£ = £1 0s 6d sterling up until the beginning of the 1960s. Several unofficial popular names are used to refer to different denominations of Egyptian currency. These include (from

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