<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by christep:
EGP: 4.6-6.25 EGP/USD (6.25/4.6 = 1.36)
EUR: 0.84-1.14 EUR/USD (1.14/0.84 = 1.36)
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I have no understanding what a random comparison of exchange rates amongst major currencies has to do with using cash at the BA office in CAI. While sometimes I get frustrated by the level of repetitive questions on this board I have never really found it helpful to get into the flamewars some seem to bait.
It is a fact the USD and EUR are widely accepted all over Egypt and even more so since the recent fall. The reasoning behind this wide spread acceptance eludes me and perhaps our actual currency expert
MikeInSin could explain it. The question of if "BA in CAI will take foreign cash" is still open.
My guess is that even if BA does not the store owner down the road will make arrangements with you.
rich