Republic of Egypt, 10 Qirsh 1404 AH

The Egyptian pound was introduced after the takeover of Egypt's administration by the Brits (1885). The new currency was based on the popular Austrian Maria Theresa taler at 20 piasters. 1 pound was divided into 100 qirsh (or piasters), while 1 qirsh equaled 40 para. In 1916 the Egyptian currency was decimalized; henceforth was 1 Egyptian pound = 100 qirsh = 1000 millèmes.