Piasters Issue

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25 piasters 25 piastres Egypt UNC
25 piasters 25 piastres Egypt UNC
Paypal   US $2.22
CAMBODIA 16 Mi16 Entronement Hall pf95571
CAMBODIA 16 Mi16 Entronement Hall pf95571
Paypal   US $13.00
Egypt Currencies 5102550 piastres 15 pounds Circulated pyramidsEgyptian
Egypt Currencies 5102550 piastres 15 pounds Circulated pyramidsEgyptian
Paypal   US $22.22
EGYPT 100 PIASTERS COUPON DONATION TO RESCUE PALESTINE UNC
EGYPT 100 PIASTERS COUPON DONATION TO RESCUE PALESTINE UNC
Paypal   US $20.00
EGYPT 50 PIASTERS COUPON DONATION TO RESCUE PALESTINE UNC
EGYPT 50 PIASTERS COUPON DONATION TO RESCUE PALESTINE UNC
Paypal   US $20.00
LIBYA KINGDOM 5 piasters K IDRESS FIRST ISSUED issued 1951 PICK 5 VERY FI
LIBYA KINGDOM 5 piasters K IDRESS FIRST ISSUED issued 1951 PICK 5 VERY FI
Paypal   US $40.00
CAMBODIA 16 Entronement Hall pf78756 CDS $15
CAMBODIA 16 Entronement Hall pf78756 CDS $15
Paypal   US $7.15
1957 Egypt 25 Piastres Pic 28 Al Emari Signature
1957 Egypt 25 Piastres Pic 28 Al Emari Signature
Paypal   US $25.00
EGYPT 5 Piasters Mosque pick 164 RARE
EGYPT 5 Piasters Mosque pick 164 RARE
Paypal   US $26.00
Syria 1936 coin 1 Piastre Syria coins 1 Piastre 1936
Syria 1936 coin 1 Piastre Syria coins 1 Piastre 1936
Paypal   US $9.00
EGYPT 1872KHEDIVE ISMAIL 3rd ISSUE 2 PIASTERS ALWAYS INTERISTING ITEM
EGYPT 1872KHEDIVE ISMAIL 3rd ISSUE 2 PIASTERS ALWAYS INTERISTING ITEM
Paypal   US $3.84
EGYPT RARE 5 PIASTERS ASWAN DAM SKSEDKEY issued 1944 PICK 163 VERY FINE
EGYPT RARE 5 PIASTERS ASWAN DAM SKSEDKEY issued 1944 PICK 163 VERY FINE
Paypal   US $45.00
EGYPT 5 PIASTERS KHAYER BEK MOSKUE SAOSMAN issued 19443PICK 163 VERY FINE
EGYPT 5 PIASTERS KHAYER BEK MOSKUE SAOSMAN issued 19443PICK 163 VERY FINE
Paypal   US $45.00
LEBANON FRANCE 1936 AIRMAIL 10 PIASTERS FRANCO LEBANESE TREATY IMPERF BLOCK OF
LEBANON FRANCE 1936 AIRMAIL 10 PIASTERS FRANCO LEBANESE TREATY IMPERF BLOCK OF
Paypal   US $1,999.99
SAUDI ARABIA HEJAZ 1925 2 pi KING ALI ISSUE WITH JEDDAH CONTROLS IN RED TIED BY
SAUDI ARABIA HEJAZ 1925 2 pi KING ALI ISSUE WITH JEDDAH CONTROLS IN RED TIED BY
Paypal   US $39.99
LEBANON 1933 REGISTERED BEYROUTH RP ON AUB COVER FRANKED PICTORIAL ISSUE 15p
LEBANON 1933 REGISTERED BEYROUTH RP ON AUB COVER FRANKED PICTORIAL ISSUE 15p
Paypal   US $29.99
LEBANON SYRIA 1923 BEYROUTH RP TYING SYRIE GRAND LIBAN 250 pi ON 50¢ SG 105
LEBANON SYRIA 1923 BEYROUTH RP TYING SYRIE GRAND LIBAN 250 pi ON 50¢ SG 105
Paypal   US $199.99
EGYPT Banknote set 5 10 Piasters P 182183 1982 UNC
EGYPT Banknote set 5 10 Piasters P 182183 1982 UNC
Paypal   US $14.00
Egypt Banknote EXCELLENT condition
Egypt Banknote EXCELLENT condition
Paypal   US $50.00
SAUDI ARABIA 1946 CASOC COVER FRANKED 33pi TUGHRA ISSUES 1 4 G MAP STAMP PERF
SAUDI ARABIA 1946 CASOC COVER FRANKED 33pi TUGHRA ISSUES 1 4 G MAP STAMP PERF
Paypal   US $49.99
SAUDI ARABIA SYRIA ARAB KINGDOM 1920 40 PIASTERS OTTOMAN REVENUE DEED REGISTRY
SAUDI ARABIA SYRIA ARAB KINGDOM 1920 40 PIASTERS OTTOMAN REVENUE DEED REGISTRY
Paypal   US $4,999.99
CAMBODIA 99 World Buddhism Conference pf44217
CAMBODIA 99 World Buddhism Conference pf44217
Paypal   US $1.00
CAMBODIA 13 Mi13 Enthronement Hall pf95568
CAMBODIA 13 Mi13 Enthronement Hall pf95568
Paypal   US $3.75
EGYPT 10 5 PIASTER EL GHARIEB TOP COLLECTION UNC 7
EGYPT 10 5 PIASTER EL GHARIEB TOP COLLECTION UNC 7
Paypal   US $380.00
EGYPT 10 5 PIASTER EL GHARIEB TOP COLLECTION UNC 8
EGYPT 10 5 PIASTER EL GHARIEB TOP COLLECTION UNC 8
Paypal   US $380.00
EGYPT 10 5 PIASTER EL GHARIEB TOP COLLECTION UNC 9
EGYPT 10 5 PIASTER EL GHARIEB TOP COLLECTION UNC 9
Paypal   US $380.00
EGYPT 10 5 PIASTER EL GHARIEB TOP COLLECTION UNC10
EGYPT 10 5 PIASTER EL GHARIEB TOP COLLECTION UNC10
Paypal   US $360.00
PALESTINE EGYPT 1948 5 PIASTERS BLOCK OF 4 IMPERF BET
PALESTINE EGYPT 1948 5 PIASTERS BLOCK OF 4 IMPERF BET
Paypal   US $19.99
AUSTRIA TURKISH 19 Arms Surcharged pa9074
AUSTRIA TURKISH 19 Arms Surcharged pa9074
Paypal   US $12.00
EGYPT Banknote set 5 10 Piasters P 182183 issued 1986 UNC
EGYPT Banknote set 5 10 Piasters P 182183 issued 1986 UNC
Paypal   US $18.00
LIBYA KINGDOM rare 10 PIASTERS KING IDRESS issued 1951 PICK 6 VERY FINE
LIBYA KINGDOM rare 10 PIASTERS KING IDRESS issued 1951 PICK 6 VERY FINE
Paypal   US $30.00
LIBYA KINGDOM 5 piasters K IDRESS F ISSUED K 1ssued 1952 PICK 12 FINE
LIBYA KINGDOM 5 piasters K IDRESS F ISSUED K 1ssued 1952 PICK 12 FINE
Paypal   US $65.00
Palestine Egypt Saving War Bond 1948 100 piasters Deco
Palestine Egypt Saving War Bond 1948 100 piasters Deco
Paypal   US $9.99
Palestine Egypt Saving War Bond 1948 50 piasters Deco
Palestine Egypt Saving War Bond 1948 50 piasters Deco
Paypal   US $9.99
EGYPT Banknote set 5 10 Piasters P 180 181 1962 UNC
EGYPT Banknote set 5 10 Piasters P 180 181 1962 UNC
Paypal   US $30.00
EGYPT Banknote set 5 10 Piasters P 182183 issued 1978 UNC
EGYPT Banknote set 5 10 Piasters P 182183 issued 1978 UNC
Paypal   US $20.00

Egyptians, what do you think of this ....... ??

Some time ago (around a year I guess) the government issued new coins, 50 piasters and 1 pound.
Then, lately, this month I guess, they issued a new bill, a 200 pounds bill!
Moreover, a 500 pounds bill is expected to be issued!!

Where do you think this leaves us? Is money losing its value, without us getting any more of it? Do you think one day we'l end up like Turkey or something, where the "1 pound" represents "1 piaster" ??

Money is losing its value in Egypt (inflation and devaluation of the Egyptian currency). However, that has nothing to do with the issuance of the new coins and bills.

U see, Central Bank Of Egypt, received various complaints from tourists as well as Egyptians in regards to the deteriorating state of its currency to the extent that u would want to wash yr hands after holding them. The main two currencies that were returned back to the bank either torn or just plain worn out was the 50 piasters and One Pound. The idea to change them into coins was much cheaper than having to dispose of those unusable currencies and reprint them, besides coins are more withstanding.

Now for the LE 200 and the proposed LE 500. They should have been around much earlier than this, there is even a consideration for the LE 1000 bill. These issuance will in turn save our other currencies from being worn out and are pretty less time consuming in change and keeping count.

I hope i helped.

Edit: We r still a long way to reach Turkey's money status, i was a millionaire over there when i changed a USD 50 to something like 7,000,000, but then again i bought a bottle of water for 300,000. Ha nice times.

History of Egyptian Currency - 5 Piasters تاريخ العملات المصرية - ٥ قروش

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