NZD to EGP Exchange Rate - Convert New Zealand Dollar to Egyptian Pound

Converting from New Zealand Dollar (NZD) to Egyptian Pound (EGP)

What is New Zealand Dollar (NZD)

The New Zealand Dollar (NZD) is the official currency of New Zealand, an island nation located in the southwestern Pacific Ocean. It was introduced in 1967, replacing the New Zealand pound. The NZD is often symbolized by the dollar sign ($) but can also be abbreviated as NZD to distinguish it from other dollar-denominated currencies.

The currency is subdivided into 100 cents, and it comes in both coin and paper note forms. The coins range from 10 cents to 2 dollars, while the banknotes include denominations of 5, 10, 20, 50, and 100 dollars. The NZD is widely used not only in New Zealand but also in some of the country's Pacific Island territories.

The New Zealand Dollar is known for its stability and is often considered a "commodity currency" because the economy is heavily reliant on agricultural exports like wool, dairy, and meat. Economic factors, including interest rates, inflation, and global market performance, greatly influence its exchange rate. The NZD also benefits from New Zealand's strong economic ties with countries like Australia and the United States.

What is Egyptian Pound (EGP)

The Egyptian Pound (EGP) is the official currency of Egypt, a country located in northeastern Africa. The pound has a rich historical context as it has undergone several transformations throughout Egyptian history. The current version of the EGP was introduced in 1885, initially pegged to the gold standard and later linked to the British pound. Today, it is symbolized by the sign (ج.م) or sometimes represented as LE, which stands for livre égyptienne.

The Egyptian Pound is subdivided into 100 piastres (PT), with coins issued in various denominations ranging from 5 piastres to 1 pound, while paper notes are available in 1, 5, 10, 20, 50, 100, and 200 pounds. The EGP is essential for everyday transactions in Egypt and holds a significant role in the country’s economy.

Factors influencing the exchange rate of the Egyptian Pound include inflation rates, economic policies, and political stability. The EGP is often considered to be more volatile compared to many other currencies, affected by elements such as foreign investments and tourism which are vital components of Egypt's economy.

Converting NZD to EGP

When considering currency conversion from NZD to EGP, it is important to be aware of the current exchange rates, which can fluctuate due to market conditions. The formula to convert NZD to EGP is given by:

Amount in EGP = Amount in NZD × Exchange Rate (NZD to EGP)

If you're planning to convert currency, make sure to check the latest rates from reliable financial institutions or currency converter tools for an accurate conversion.

New Zealand Dollar to Egyptian Pound conversion table

NZD to EGP conversion table

New Zealand Dollar (NZD)Egyptian Pound (EGP)
1 NZD29.41703147487 EGP
2 NZD58.83406294974 EGP
3 NZD88.25109442462 EGP
4 NZD117.66812589949 EGP
5 NZD147.08515737436 EGP
6 NZD176.50218884923 EGP
7 NZD205.91922032411 EGP
8 NZD235.33625179898 EGP
9 NZD264.75328327385 EGP
10 NZD294.17031474872 EGP
100 NZD2 941.70314748724 EGP
200 NZD5 883.40629497447 EGP
300 NZD8 825.10944246171 EGP
400 NZD11 766.81258994894 EGP
500 NZD14 708.51573743618 EGP
600 NZD17 650.21888492342 EGP
700 NZD20 591.92203241065 EGP
800 NZD23 533.62517989789 EGP
900 NZD26 475.32832738513 EGP
1 000 NZD29 417.03147487236 EGP
2 000 NZD58 834.06294974472 EGP
5 000 NZD147 085.15737436181 EGP
10 000 NZD294 170.31474872361 EGP
20 000 NZD588 340.62949744722 EGP
50 000 NZD1 470 851.57374361806 EGP
100 000 NZD2 941 703.14748723612 EGP
Last updated March 19, 2025 at 12:55 PM