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About Egyptian Pound (EGP)
The Egyptian Pound (EGP), the official currency of Egypt, is not only a medium of exchange but also a symbol of Egypt’s rich history and evolving economic landscape. It is commonly abbreviated as EGP and represented by the symbol £. From the times of the Pharaohs to the modern era, Egypt has been a center of civilization and commerce. The Pound, introduced in the early 19th century, has played a pivotal role in this journey, reflecting the country's economic resilience and aspirations.
Historical Background
The Egyptian Pound was first introduced in 1834, replacing the piastre as the chief unit of currency. This transition marked Egypt’s gradual move towards a modern economy. The currency's establishment coincided with Muhammad Ali Pasha’s reign, often considered the founder of modern Egypt, who introduced various reforms to modernize the Egyptian economy.
Design and Symbolism
The design of the Egyptian Pound is a testament to Egypt's unique blend of rich ancient heritage and modern aspirations. The banknotes feature iconic symbols and figures from Egypt’s long history, including pharaohs, ancient monuments like the Pyramids of Giza, and modern leaders who have shaped the country’s recent history. These designs not only serve an economic purpose but also reflect national identity and pride.
Economic Role
The Pound is central to Egypt's economy, a mixed economy with agriculture, industry, and services sectors. It underpins these sectors by facilitating domestic and international trade. The stability and value of the Pound are vital for economic growth, influencing foreign investment, government revenue, and the standard of living.
The Pound in International Trade
Egypt's strategic location as a bridge between Africa and the Middle East, and its control of the Suez Canal, a key global shipping lane, make the Egyptian Pound significant in regional and international trade. The currency's performance against major currencies like the US Dollar and the Euro impacts Egypt's trade balance and economic health.
PACOCA to IQD conversion rate trend
PACOCA to IQD market statistics
More info about Pacoca on Bitget
Current PACOCA to IQD exchange rate
Pacoca to Egyptian Pound is falling this week.PACOCA to IQD Conversion tables
The exchange rate of Pacoca is increasing.PACOCA to IQD
IQD to PACOCA
PACOCA to IQD Today vs. 24 hours ago
Amount | 08:31 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 PACOCA | ع.د0.08538 | ع.د0.08212 | +3.96% |
1 PACOCA | ع.د0.1708 | ع.د0.1642 | +3.96% |
5 PACOCA | ع.د0.8538 | ع.د0.8212 | +3.96% |
10 PACOCA | ع.د1.71 | ع.د1.64 | +3.96% |
50 PACOCA | ع.د8.54 | ع.د8.21 | +3.96% |
100 PACOCA | ع.د17.08 | ع.د16.42 | +3.96% |
500 PACOCA | ع.د85.38 | ع.د82.12 | +3.96% |
1000 PACOCA | ع.د170.75 | ع.د164.24 | +3.96% |
PACOCA to IQD Today vs. 1 month ago
Amount | 08:31 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 PACOCA | ع.د0.08538 | ع.د0.08424 | +1.35% |
1 PACOCA | ع.د0.1708 | ع.د0.1685 | +1.35% |
5 PACOCA | ع.د0.8538 | ع.د0.8424 | +1.35% |
10 PACOCA | ع.د1.71 | ع.د1.68 | +1.35% |
50 PACOCA | ع.د8.54 | ع.د8.42 | +1.35% |
100 PACOCA | ع.د17.08 | ع.د16.85 | +1.35% |
500 PACOCA | ع.د85.38 | ع.د84.24 | +1.35% |
1000 PACOCA | ع.د170.75 | ع.د168.47 | +1.35% |
PACOCA to IQD Today vs. 1 year ago
Amount | 08:31 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 PACOCA | ع.د0.08538 | ع.د0.7259 | -88.24% |
1 PACOCA | ع.د0.1708 | ع.د1.45 | -88.24% |
5 PACOCA | ع.د0.8538 | ع.د7.26 | -88.24% |
10 PACOCA | ع.د1.71 | ع.د14.52 | -88.24% |
50 PACOCA | ع.د8.54 | ع.د72.59 | -88.24% |
100 PACOCA | ع.د17.08 | ع.د145.18 | -88.24% |
500 PACOCA | ع.د85.38 | ع.د725.91 | -88.24% |
1000 PACOCA | ع.د170.75 | ع.د1,451.83 | -88.24% |
How to convert PACOCA to IQD



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