Convert Bitcoin to Egyptian Pound
Please provide values below to convert Bitcoin [BTC] to Egyptian Pound [EGP], or Convert Egyptian Pound to Bitcoin.
How to Convert Bitcoin to Egyptian Pound
1 BTC = 1.72188489342459e-07 EGP
Example: convert 15 BTC to EGP:
15 BTC = 15 × 1.72188489342459e-07 EGP = 2.58282734013688e-06 EGP
Bitcoin to Egyptian Pound Conversion Table
| Bitcoin | Egyptian Pound |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.