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Steem to Egyptian Pound Converter and calculator

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Convert 1Steem (STEEM) to Egyptian Pound (EGP) equals £ 6.97 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Steem(STEEM) to Egyptian Pound(EGP). This is the real-time data. The current conversion shows 1 STEEM at a value of 1 STEEM for 6.97 EGP . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

EGP information

About Egyptian Pound (EGP)

The Egyptian Pound (EGP), the official currency of Egypt, is not only a medium of exchange but also a symbol of Egypt’s rich history and evolving economic landscape. It is commonly abbreviated as EGP and represented by the symbol £. From the times of the Pharaohs to the modern era, Egypt has been a center of civilization and commerce. The Pound, introduced in the early 19th century, has played a pivotal role in this journey, reflecting the country's economic resilience and aspirations.

Historical Background

The Egyptian Pound was first introduced in 1834, replacing the piastre as the chief unit of currency. This transition marked Egypt’s gradual move towards a modern economy. The currency's establishment coincided with Muhammad Ali Pasha’s reign, often considered the founder of modern Egypt, who introduced various reforms to modernize the Egyptian economy.

Design and Symbolism

The design of the Egyptian Pound is a testament to Egypt's unique blend of rich ancient heritage and modern aspirations. The banknotes feature iconic symbols and figures from Egypt’s long history, including pharaohs, ancient monuments like the Pyramids of Giza, and modern leaders who have shaped the country’s recent history. These designs not only serve an economic purpose but also reflect national identity and pride.

Economic Role

The Pound is central to Egypt's economy, a mixed economy with agriculture, industry, and services sectors. It underpins these sectors by facilitating domestic and international trade. The stability and value of the Pound are vital for economic growth, influencing foreign investment, government revenue, and the standard of living.

The Pound in International Trade

Egypt's strategic location as a bridge between Africa and the Middle East, and its control of the Suez Canal, a key global shipping lane, make the Egyptian Pound significant in regional and international trade. The currency's performance against major currencies like the US Dollar and the Euro impacts Egypt's trade balance and economic health.

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Bitget crypto-to-fiat exchange data shows that the most popular Steem currency pair is the STEEM to EGP, with for Steem's currency code being STEEM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for EGP.

STEEM to EGP conversion rate trend

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In the past 1D, Steem has changed +1.64% to EGP. Based on the trend and price charts, Steem(STEEM) has changed +1.64% to EGP while Egyptian Pound(EGP) has changed % to STEEM in the last 24 hours.

STEEM to EGP market statistics

STEEM/EGP:
£ 6.97
STEEM 24h volume:
£ 862,521,237.54
STEEM market cap:
£ 3,523,464,115.72
STEEM circulating supply:
505.21M STEEM

Current STEEM to EGP exchange rate

Steem to Egyptian Pound is rising this week.
Steem's current market price is £ 6.97 per STEEM, with a total market cap of £ 3,523,464,115.72 EGP based on a circulating supply of 505,209,760 STEEM. The trading volume of Steem has changed by -3.26% (£ -29,048,224.65 EGP) in the last 24 hours. Last trading day, STEEM's trading volume was £ 891,569,462.19.

STEEM to EGP Conversion tables

The exchange rate of Steem is decreasing.
1 STEEM is currently valued at £ 6.97 EGP , which means buying 5 STEEM will cost £ 34.87 EGP . Similarly, £1 EGP can be traded for 0.1434 STEEM, and £50 EGP can be converted to 7.17 STEEM, excluding any platform or gas fees.
The exchange rate of 1 STEEM to Egyptian Pound has changed by +8.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.64%, reaching a high of 7.14 EGP and a low of 6.63 EGP . One month ago, the value of 1 STEEM was £ 9.04 EGP , which represents a -22.91% change from its current value. Over the last year, Steem has changed by
-£
7.37EGP
, resulting in a change of -51.39% in its value.

STEEM to EGP

Amount
09:42 am today
0.5 STEEM
£3.49
1 STEEM
£6.97
5 STEEM
£34.87
10 STEEM
£69.74
50 STEEM
£348.71
100 STEEM
£697.43
500 STEEM
£3,487.13
1000 STEEM
£6,974.26

EGP to STEEM

Amount09:42 am today
0.5EGP0.07169  STEEM
1EGP0.1434  STEEM
5EGP0.7169  STEEM
10EGP1.43  STEEM
50EGP7.17  STEEM
100EGP14.34  STEEM
500EGP71.69  STEEM
1000EGP143.38  STEEM
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STEEM to EGP Today vs. 24 hours ago

Amount09:42 am today24 hours ago24h change
0.5 STEEM£3.49£3.43
+1.64%
1 STEEM£6.97£6.86
+1.64%
5 STEEM£34.87£34.31
+1.64%
10 STEEM£69.74£68.62
+1.64%
50 STEEM£348.71£343.08
+1.64%
100 STEEM£697.43£686.16
+1.64%
500 STEEM£3,487.13£3,430.8
+1.64%
1000 STEEM£6,974.26£6,861.6
+1.64%

STEEM to EGP Today vs. 1 month ago

Amount09:42 am today1 month ago1M change
0.5 STEEM£3.49£4.52
-22.91%
1 STEEM£6.97£9.04
-22.91%
5 STEEM£34.87£45.22
-22.91%
10 STEEM£69.74£90.45
-22.91%
50 STEEM£348.71£452.24
-22.91%
100 STEEM£697.43£904.48
-22.91%
500 STEEM£3,487.13£4,522.41
-22.91%
1000 STEEM£6,974.26£9,044.82
-22.91%

STEEM to EGP Today vs. 1 year ago

Amount09:42 am today1 year ago1Y change
0.5 STEEM£3.49£7.17
-51.39%
1 STEEM£6.97£14.34
-51.39%
5 STEEM£34.87£71.71
-51.39%
10 STEEM£69.74£143.41
-51.39%
50 STEEM£348.71£717.05
-51.39%
100 STEEM£697.43£1,434.1
-51.39%
500 STEEM£3,487.13£7,170.52
-51.39%
1000 STEEM£6,974.26£14,341.04
-51.39%

How to convert STEEM to EGP

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Convert STEEM to EGP
Use a variety of payment options to buy Steem on Bitget. We'll show you how.

Buy STEEM (or USDT) for EGP (Egyptian Pound) offers

Bitget P2P trading does not currently support direct buying of STEEM with EGP. However, you can buy USDT in Bitget P2P trading first, and then buy STEEM with USDT via Bitget spot market.
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Low to high
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Sell STEEM (or USDT) for EGP (Egyptian Pound) offers

Bitget P2P trading currently does not support direct selling of STEEM to EGP. However, you can first exchange STEEM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of STEEM to EGP?

There are many factors that affect the relationship between Steem and Egyptian Pound, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of STEEM/EGP. When there is positive news in the market about the widespread adoption of STEEM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of STEEM/EGP. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in STEEM/EGP.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of STEEM/EGP. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Steem and adjust their investment strategies accordingly in the evolving market.

Steem price prediction

What will the price of STEEM be in 2026?

Based on STEEM's historical price performance prediction model, the price of STEEM is projected to reach $0.1759 in 2026.

What will the price of STEEM be in 2031?

In 2031, the STEEM price is expected to change by +37.00%. By the end of 2031, the STEEM price is projected to reach $0.3532, with a cumulative ROI of +164.20%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Steem and EGP.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Steem and EGP. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Steem in EGP, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.