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base info Tether USDt

Tether USDt to Egyptian Pound Converter and calculator

Convert 1Tether USDt (USDT) to Egyptian Pound (EGP) equals £ 47.9 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Tether USDt(USDT) to Egyptian Pound(EGP). This is the real-time data. The current conversion shows 1 USDT at a value of 1 USDT for 47.90 EGP . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

EGP information

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.

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Bitget crypto-to-fiat exchange data shows that the most popular Tether USDt currency pair is the USDT to EGP, with for Tether USDt's currency code being USDT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for EGP.

USDT to EGP conversion rate trend

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In the past 1D, Tether USDt has changed -0.07% to EGP. Based on the trend and price charts, Tether USDt(USDT) has changed -0.07% to EGP while Egyptian Pound(EGP) has changed % to USDT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
£47.9
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/24 10:26:47(UTC+0)

What factors influence the conversion rate of Tether USDt to Egyptian Pound?

Tether USDt to Egyptian Pound is falling this week.
Tether USDt's current market price is £ 47.9 per USDT, with a total market cap of £ 5,291,097,616,595.8 EGP based on a circulating supply of 110,463,520,000 USDT. The trading volume of Tether USDt has changed by +10.99% (£ 247,853,974,354.12 EGP) in the last 24 hours. Last trading day, USDT's trading volume was £ 2,254,591,199,677.28.
Market cap
$110.46B
24h volume
$52.24B
Circulating supply
110.46B USDT

Conversion tables

The exchange rate of Tether USDt is decreasing.
1 USDT is currently valued at £ 47.9 EGP , which means buying 5 USDT will cost £ 239.5 EGP . Similarly, £1 EGP can be traded for 0.02088 USDT, and £50 EGP can be converted to 1.04 USDT, excluding any platform or gas fees.
The exchange rate of 1 USDT to Egyptian Pound has changed by -0.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.07%, reaching a high of 47.97 EGP and a low of 47.89 EGP . One month ago, the value of 1 USDT was £ 47.93 EGP , which represents a -0.07% change from its current value. Over the last year, Tether USDt has changed by
-£
0.007171EGP
, resulting in a change of -0.01% in its value.

USDT to EGP

Amount
10:26 am today
0.5 USDT
£23.95
1 USDT
£47.9
5 USDT
£239.5
10 USDT
£478.99
50 USDT
£2,394.95
100 USDT
£4,789.91
500 USDT
£23,949.53
1000 USDT
£47,899.05

EGP to USDT

Amount10:26 am today
0.5EGP0.01044  USDT
1EGP0.02088  USDT
5EGP0.1044  USDT
10EGP0.2088  USDT
50EGP1.04  USDT
100EGP2.09  USDT
500EGP10.44  USDT
1000EGP20.88  USDT
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Today vs. 24 hours ago

Amount10:26 am today24 hours ago24h change
0.5 USDT$0.5000$0.5003
-0.07%
1 USDT$0.9999$1
-0.07%
5 USDT$5$5
-0.07%
10 USDT$10$10.01
-0.07%
50 USDT$50$50.03
-0.07%
100 USDT$99.99$100.06
-0.07%
500 USDT$499.97$500.3
-0.07%
1000 USDT$999.93$1,000.59
-0.07%

Today vs. 1 month ago

Amount10:26 am today1 month ago1M change
0.5 USDT$0.5000$0.5003
-0.07%
1 USDT$0.9999$1
-0.07%
5 USDT$5$5
-0.07%
10 USDT$10$10.01
-0.07%
50 USDT$50$50.03
-0.07%
100 USDT$99.99$100.07
-0.07%
500 USDT$499.97$500.33
-0.07%
1000 USDT$999.93$1,000.66
-0.07%

Today vs. 1 year ago

Amount10:26 am today1 year ago1Y change
0.5 USDT$0.5000$0.5000
-0.01%
1 USDT$0.9999$1
-0.01%
5 USDT$5$5
-0.01%
10 USDT$10$10
-0.01%
50 USDT$50$50
-0.01%
100 USDT$99.99$100.01
-0.01%
500 USDT$499.97$500.04
-0.01%
1000 USDT$999.93$1,000.08
-0.01%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.