What Currency Does Palestine Use?
Facts last checked 31 August 2026.
Exchange rate (approximate):
1 USD ≈ 49.62 EGP
1 GBP ≈ 66.53 EGP
Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.
Travel Money Card
Travelling to Palestine? Avoid poor airport exchange rates — a prepaid travel money card or multi-currency card usually gets you a far better deal on Egyptian pound spending.
What is money called in Palestine?
Money in Palestine is called the Egyptian pound — its ISO 4217 currency code is EGP, and its symbol is E£. The Egyptian pound is the official legal tender in Palestine and is used for all everyday transactions — from paying for goods and services to converting money at banks and exchange bureaus. When travelling, you may also see it referred to as the Palestine currency or simply money in Palestine. The Egyptian pound is subdivided into 100 piastres, though small-denomination coins may not always be in everyday circulation.
Is the Egyptian pound used anywhere else?
Yes — Egyptian pound (EGP) is also used in Egypt.
Practical money tips for Palestine
Card payments are widely accepted in most cities, but it's still worth carrying some Egyptian pound in cash for smaller vendors, local transport and rural areas. Notify your bank before travelling to avoid transactions being blocked, and compare card fees — many cards charge a foreign transaction fee that a dedicated travel money card avoids.
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Money essentials for Palestine
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Palestine currency — FAQ
What is the currency of Palestine?
The currency of Palestine is the Egyptian pound (currency code: EGP, symbol: E£).
What is the currency code for Palestine?
The ISO 4217 currency code for the Egyptian pound is EGP.
What is the Egyptian pound symbol?
The symbol for the Egyptian pound is E£. You will see this on price tags and receipts throughout Palestine.
What currency is used in Palestine?
The official currency used in Palestine is the Egyptian pound (EGP).
Can I use US dollars in Palestine?
The official currency of Palestine is the Egyptian pound, not the US dollar. While USD may be accepted in some tourist hotels and major cities, you will generally get better rates paying in Egyptian pound and should exchange money before or on arrival.
What is the exchange rate for Palestine?
As of July 2026, approximately 1 USD = 49.62 EGP and 1 GBP = 66.53 EGP. Rates change daily — always check a live source before travelling or sending money.
What is money called in Palestine?
Money in Palestine is called the Egyptian pound (EGP).
Do other countries use the Egyptian pound?
Yes — Egyptian pound (EGP) is also used in Egypt.
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