This 10-pound note is the first Egyptian polymer note. It was printed at the bank’s new press in the New Administrative Capital. Preceding paper issues continue to circulate in parallel with the polymer notes. B343 (PNL): 10 pounds (US$0.55) Violet, brown, red, and yellow. Front: Arabic text; stylized reed as
According to an article in AhramOnline dated 5 December 2018, the Central Bank of Egypt plans to introduce polymer banknotes by 2020 to ease cash movement, reduce printing costs, and improve the quality of notes. Courtesy of Aditya Kulkarni.
According to various articles, on 3 November 2016 Egypt floated its currency after a 48 percent devaluation of the Egyptian pound. With this move, the face value of its largest banknote, the 200-pound note (B335), falls to just US$13. Expect prices of modern Egyptian notes to be volatile until the