SVC to EGP

SVC - Salvadoran Colon ($)
EGP - Egyptian Pound (ج.م.‏)
1 SVC1 EGP

Currency conversion rates from SVC to EGP

SVCEGP
1 SVC1 EGP
5 SVC5 EGP
10 SVC10 EGP
20 SVC20 EGP
50 SVC50 EGP
100 SVC100 EGP
250 SVC250 EGP
500 SVC500 EGP
1000 SVC1000 EGP
2000 SVC2000 EGP
5000 SVC5000 EGP
10000 SVC10000 EGP
EGPSVC
1 EGP1 SVC
5 EGP5 SVC
10 EGP10 SVC
20 EGP20 SVC
50 EGP50 SVC
100 EGP100 SVC
250 EGP250 SVC
500 EGP500 SVC
1000 EGP1000 SVC
2000 EGP2000 SVC
5000 EGP5000 SVC
10000 EGP10000 SVC

EGP - Egyptian Pound ()

Egyptian Pound

The official currency of Egypt is the Egyptian Pound (EGP). The symbol used for the EGP is E£ or in Arabic ( ج.م). The Egyptian Pound is subdivided into smaller currency denomination known as qirsh or millimes. 1 EGP = 100 qirsh = 1000 millemes.

The Egyptian Pound is the currency in Egypt (EG, EGY). The symbol for EGP can be written E. The Egyptian Pound is divided into 100 piasters or 1000 milliemes. The exchange rate for the Egyptian Pound was last updated on May 24, 2019 from Yahoo Finance. The EGP conversion factor has 4 significant digits.

Economy

  • The Egyptian economy is becoming more market-orientated.
  • The main industries are metal, tourism, chemicals, textiles, pharmaceuticals, light manufacturers, food processing, hydrocarbons, construction, and cement.
  • Export products are petroleum and crude oil products, textiles, cotton, agricultural goods, metal products, and chemicals.
  • Import products are wood products, fuels, chemicals, equipment, machinery, and food stuffs.
  • Unemployment in the country is estimated at 9.7%.
  • The yearly GDP growth is rated at 2.6%.

History

  • The Egyptian Pound, also known as gineih, was replaced the Egyptian Piastre. The Piastre = 1/100 of a Pound. It was subdivided into 40 para.
  • In 1885, the para was taken out of circulation and the piastre was subdivided into tenths. In 1916 the tenths were renamed millimes.
  • Egypt used the gold standard from 1885 to 1914. 1 EGP = 7.4375 grams of gold. After the outbreak of World War I, Egypt moved to the British Pound and was part of the Sterling era until 1962. In the same year the EGP switched over to the US Dollar and was pegged at 1 EGP = 2.3 USD.
  • In 1973, the peg was changed to the British Pound again.
  • In 1989, the Pound floated; however, the Central Bank of Egypt tightly managed the control of foreign exchange.
  • In 2005, the 1 Pound and 50 pastrie coins were introduced.
  • In 2009, Egypt started phasing out 1 Pound and half-pound notes.

More information about EGP - Egyptian Pound ()


SVC - Salvadoran Colón ()

Salvadoran Colón

The United States Dollar is one of the most widely utilized currencies around the globe, both as an official currency and for international trade outside US borders. The Dollar is divided into 100 units called pennies or cents.

The El Salvador Colon is the currency in El Salvador (SV, SLV). The El Salvador Colon is divided into 100 centavos. The exchange rate for the El Salvador Colon was last updated on Today from The International Monetary Fund. The SVC conversion factor has 6 significant digits.

Economy

  • The United States of America has a mixed capitalist economy, which is fueled by abundant natural resources, a well-developed infrastructure, and high productivity.
  • According to the International Monetary Fund, the U.S. GDP of $15 trillion constitutes 23% of global GDP to exchange rates and market more than 20% of global GDP in purchasing power parity.
  • Although larger than any other nation, its GDP is 5% smaller than the GDP of the European Union in purchasing power parity in 2008.
  • The country ranks ninth in the world in nominal GDP per capita and sixth in GDP per capita in PPP. The United States Dollar is the main global reserve currency.

History

  • The first Dollar coin issued by the United States Mint was similar in size and composition to the Spanish Dollar. The Spanish Dollar remained legal until 1857.
  • The United States Dollar was defined by the Coinage Act of 1792.
  • The lion Dollar was popular in the Dutch New Netherlands Colony (New York), but also circulated throughout the English colonies during the 17th century and 18th centuries. Examples of this Dollar circulating in the colonies were usually used so that the design was not fully distinguishable, so it is sometimes referred to as “dog dollars”.
  • The early currency did not display faces of the presidents, as it does now. George Washington did not want his face to be on the currency.

More information about SVC - Salvadoran Colón ()