The official currency of Egypt is the Egyptian pound, which is divided into 100 piaster. There are coins for 25 and 50 piaster and 1 pound in addition to notes of 1, 5, 10, 20, 50, 100 and 200 Egyptian pounds. We recommend that you take sufficient local currency for buying gifts, souvenirs etc. on your shore visits as there may be little opportunity to visit a bank or exchange office. However, no more than 5,000 Egyptian pounds per person can be taken either into or out of Egypt. Please exercise normal precautionary measures when carrying cash. Actually most of things you will pay in Egyptian pounds like meals, souvenirs any local expenses etc… tips can be either in pounds or dollars, it is fine to bring not much cash with you and if you need more money you can use your credit cards but just make sure to contact your bank before your arrival in order to reconfirm that you are traveling to Egypt as sometimes the banks make security issues with credit cards against some countries so you need to make sure that your cards will work in Egypt.