EGP Value Calculator: Egypt
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According to World Bank CPI data (FP.CPI.TOTL), £1,000 in Egypt in 1960 had the same purchasing power as £516,111.70 in 2024 — a cumulative inflation of 51,511.2% (10.25%/year average).
Value Over Time
Year-by-Year Historical Data
| Year | CPI | Equivalent Value | Annual Change |
|---|---|---|---|
| 1960 | 1.21 | £1,000.00 | - |
| 1961 | 1.22 | £1,006.94 | +0.7% |
| 1962 | 1.18 | £976.70 | -3.0% |
| 1963 | 1.19 | £983.99 | +0.7% |
| 1964 | 1.23 | £1,020.01 | +3.7% |
| 1965 | 1.42 | £1,171.37 | +14.8% |
| 1966 | 1.54 | £1,277.22 | +9.0% |
| 1967 | 1.55 | £1,286.19 | +0.7% |
| 1968 | 1.53 | £1,264.63 | -1.7% |
| 1969 | 1.58 | £1,307.76 | +3.4% |
| 1970 | 1.64 | £1,356.97 | +3.8% |
| 1971 | 1.69 | £1,399.58 | +3.1% |
| 1972 | 1.73 | £1,429.00 | +2.1% |
| 1973 | 1.82 | £1,502.06 | +5.1% |
| 1974 | 2.00 | £1,652.63 | +10.0% |
| 1975 | 2.19 | £1,812.43 | +9.7% |
| 1976 | 2.42 | £1,999.43 | +10.3% |
| 1977 | 2.72 | £2,254.00 | +12.7% |
| 1978 | 3.03 | £2,503.70 | +11.1% |
| 1979 | 3.33 | £2,751.68 | +9.9% |
| 1980 | 4.02 | £3,324.55 | +20.8% |
| 1981 | 4.43 | £3,667.56 | +10.3% |
| 1982 | 5.09 | £4,211.20 | +14.8% |
| 1983 | 5.91 | £4,888.36 | +16.1% |
| 1984 | 6.92 | £5,721.15 | +17.0% |
| 1985 | 7.75 | £6,413.80 | +12.1% |
| 1986 | 9.60 | £7,944.41 | +23.9% |
| 1987 | 11.49 | £9,508.95 | +19.7% |
| 1988 | 13.52 | £11,188.56 | +17.7% |
| 1989 | 16.40 | £13,567.46 | +21.3% |
| 1990 | 19.15 | £15,840.87 | +16.8% |
| 1991 | 22.93 | £18,969.21 | +19.7% |
| 1992 | 26.06 | £21,556.12 | +13.6% |
| 1993 | 29.21 | £24,162.21 | +12.1% |
| 1994 | 31.59 | £26,132.46 | +8.2% |
| 1995 | 36.56 | £30,246.29 | +15.7% |
| 1996 | 39.19 | £32,420.12 | +7.2% |
| 1997 | 41.00 | £33,919.75 | +4.6% |
| 1998 | 42.59 | £35,233.31 | +3.9% |
| 1999 | 43.90 | £36,318.32 | +3.1% |
| 2000 | 45.08 | £37,293.04 | +2.7% |
| 2001 | 46.10 | £38,139.50 | +2.3% |
| 2002 | 47.36 | £39,183.47 | +2.7% |
| 2003 | 49.50 | £40,949.77 | +4.5% |
| 2004 | 55.08 | £45,565.06 | +11.3% |
| 2005 | 57.76 | £47,783.81 | +4.9% |
| 2006 | 62.17 | £51,436.65 | +7.6% |
| 2007 | 67.97 | £56,230.02 | +9.3% |
| 2008 | 80.42 | £66,529.58 | +18.3% |
| 2009 | 89.88 | £74,355.78 | +11.8% |
| 2010 | 100.00 | £82,732.10 | +11.3% |
| 2011 | 110.06 | £91,059.02 | +10.1% |
| 2012 | 117.89 | £97,534.89 | +7.1% |
| 2013 | 129.06 | £106,771.17 | +9.5% |
| 2014 | 142.05 | £117,523.26 | +10.1% |
| 2015 | 156.78 | £129,711.00 | +10.4% |
| 2016 | 178.44 | £147,628.77 | +13.8% |
| 2017 | 231.09 | £191,189.01 | +29.5% |
| 2018 | 264.38 | £218,723.03 | +14.4% |
| 2019 | 288.57 | £238,742.31 | +9.2% |
| 2020 | 303.13 | £250,786.70 | +5.0% |
| 2021 | 318.94 | £263,862.84 | +5.2% |
| 2022 | 363.25 | £300,528.33 | +13.9% |
| 2023 | 486.34 | £402,361.68 | +33.9% |
| 2024 | 623.83 | £516,111.70 | +28.3% |
Quick Reference Values
What 1960 amounts are worth in 2024 in Egypt:
| 1960 | 2024 |
|---|---|
| £1 | £516.11 |
| £10 | £5,161.12 |
| £100 | £51,611.17 |
| £1,000 | £516,111.70 |
| £10,000 | £5,161,117.00 |
Inflation by Decade in Egypt
| Decade | Cumulative Inflation | Annual Rate |
|---|---|---|
| 1960–1969 | +30.8% | 3.03% |
| 1970–1979 | +102.8% | 8.17% |
| 1980–1989 | +308.1% | 16.91% |
| 1990–1999 | +129.3% | 9.66% |
| 2000–2009 | +99.4% | 7.97% |
| 2010–2019 | +188.6% | 12.50% |
| 2020–2024 | +105.8% | 19.77% |
The steepest single-year rise in this period was 33.9% in 2023; the calmest was -3.0% in 1962.
This equals a compound annual rate of 10.25% — about 6.8 years to double prices at that pace.
- In 1960, £1,000 in Egypt had the same buying power as £516,111.70 in 2024.
- In 1970, £1,000 in Egypt had the same buying power as £380,342.37 in 2024.
- In 1980, £1,000 in Egypt had the same buying power as £155,242.38 in 2024.
- In 1990, £1,000 in Egypt had the same buying power as £32,581.02 in 2024.
- In 2000, £1,000 in Egypt had the same buying power as £13,839.36 in 2024.
- In 2010, £1,000 in Egypt had the same buying power as £6,238.35 in 2024.
- In 2020, £1,000 in Egypt had the same buying power as £2,057.97 in 2024.
Frequently Asked Questions
How much is 1,000 EGP from 1960 worth in 2024?
£1,000 from 1960 is worth about £516,111.70 in 2024 in Egypt, after 51511.17% cumulative inflation.
What was the average annual inflation rate in Egypt between 1960 and 2024?
The average annual (compound) inflation rate was 10.25% over 64 years.