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$SPONGE to EGP Converter and calculator

$SPONGE/EGP: 1 $SPONGE = 0.01730 EGP. The price of converting 1 Sponge ($SPONGE) to Egyptian Pound (EGP) is 0.01730 EGP today.
$SPONGE
$SPONGE
EGP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides $SPONGE to EGP real-time exchange rates, making it easy to convert Sponge ($SPONGE) to Egyptian Pound (EGP). The conversion result is based on real-time data. The conversion result shows that 1 $SPONGE is currently valued at 0.02 EGP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 $SPONGE is currently valued at 0.02 EGP, which means buying 5 $SPONGE would cost 0.09 EGP. Similarly, £1 EGP can be converted to 57.82 $SPONGE, and £50 EGP can be converted to 289.09 $SPONGE, excluding any platform or gas fees.

Convert $SPONGE to EGP

Convert EGP to $SPONGE

Sponge
Egyptian Pound
1 $SPONGE
0.01730  EGP
2 $SPONGE
0.03459  EGP
5 $SPONGE
0.08648  EGP
10 $SPONGE
0.1730  EGP
20 $SPONGE
0.3459  EGP
50 $SPONGE
0.8648  EGP
100 $SPONGE
1.73  EGP
200 $SPONGE
3.46  EGP
500 $SPONGE
8.65  EGP
1000 $SPONGE
17.3  EGP
5000 $SPONGE
86.48  EGP
10000 $SPONGE
172.95  EGP
In the table above, you'll find a comprehensive $SPONGE to EGP converter that shows the value of Sponge in Egyptian Pound across commonly used conversion amounts. The list covers conversions from 1 $SPONGE to EGP, all the way up to 10000 $SPONGE, providing a clear view of their respective values.
Egyptian Pound
Sponge
50 EGP
2,890.94 $SPONGE
100 EGP
5,781.88 $SPONGE
200 EGP
11,563.77 $SPONGE
500 EGP
28,909.42 $SPONGE
1000 EGP
57,818.84 $SPONGE
2000 EGP
115,637.68 $SPONGE
5000 EGP
289,094.21 $SPONGE
10000 EGP
578,188.42 $SPONGE
50000 EGP
2,890,942.09 $SPONGE
100000 EGP
5,781,884.18 $SPONGE
In the table above, you'll find a comprehensive EGP to $SPONGE converter that shows the value of Egyptian Pound in Sponge across commonly used conversion amounts. The list covers conversions from 1 EGP to $SPONGE, all the way up to 100000 EGP, providing a clear view of their respective values.

$SPONGE to EGP chart

$SPONGE/EGP: 1 $SPONGE = 0.01730 EGP; 2025/05/01 22:41:13
In the past 1D, Sponge has changed -0.97% to EGP. Based on the trend and price charts, Sponge($SPONGE) has changed -0.97% to EGP while Egyptian Pound(EGP) has changed % to $SPONGE in the last 24 hours.
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$SPONGE to EGP conversion data: Volatility and price changes of Sponge in EGP

The highest Sponge price in EGP over the past 7 days was 0.01796 EGP while the lowest Sponge price in EGP over the past 7 days was 0.01663 EGP. The relative change between the highs and lows in Sponge price in EGP over the last 7 days indicates a volatility of %. You can view additional volatility data and $SPONGE to EGP prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.01762 EGP
0.01796 EGP
0.01835 EGP
0.01859 EGP
Low
0.01696 EGP
0.01663 EGP
0.01632 EGP
0.01546 EGP
Average
0 EGP
0 EGP
0 EGP
0 EGP
Volatility
%
%
%
%
Change
-0.97%
+3.03%
+0.33%
-3.10%

Sponge information

$SPONGE to EGP market statistics

$SPONGE/EGP:
£0.01730
$SPONGE 24h volume:
£5,793,459.26
$SPONGE market cap:
--
$SPONGE circulating supply:
0 $SPONGE

Current $SPONGE to EGP exchange rate

Sponge to Egyptian Pound is rising this week.
Sponge's current market price is £0.01730 per $SPONGE, with a total market cap of £0 EGP based on a circulating supply of -- $SPONGE. The trading volume of Sponge has changed by +33.93% (£1,467,835.53 EGP) in the last 24 hours. Last trading day, $SPONGE's trading volume was £4,325,623.73.

More info about Sponge on Bitget

Egyptian Pound 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.

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

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How to convert $SPONGE to EGP

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$SPONGE to EGP Conversion tables

The exchange rate of Sponge is increasing.
The exchange rate of 1 $SPONGE to Egyptian Pound has changed by +3.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.97%, reaching a high of 0.01762 EGP and a low of 0.01696 EGP . One month ago, the value of 1 $SPONGE was £0.01724 EGP , which represents a +0.33% change from its current value. Over the last year, Sponge has changed by
+£
0.01372EGP
, resulting in a change of +384.07% in its value.
24 hours ago1 month ago1 year ago
Amount22:41 today24 hours ago24h change
0.5 $SPONGE£0.008648£0.008732
-0.97%
1 $SPONGE£0.01730£0.01746
-0.97%
5 $SPONGE£0.08648£0.08732
-0.97%
10 $SPONGE£0.1730£0.1746
-0.97%
50 $SPONGE£0.8648£0.8732
-0.97%
100 $SPONGE£1.73£1.75
-0.97%
500 $SPONGE£8.65£8.73
-0.97%
1000 $SPONGE£17.3£17.46
-0.97%

$SPONGE to EGP FAQ

How much is 1 Sponge in EGP?
Right now, the price of 1 Sponge ($SPONGE) in Egyptian Pound (EGP) is £0.01730.
How much $SPONGE can I buy for 1 EGP?
Based on the current exchange rate, you can get 57.82 $SPONGE for 1 EGP.
How do I calculate or convert $SPONGE to EGP?
You can use our $SPONGE to EGP calculator at the top of this page to convert any amount of $SPONGE to EGP. We've also included quick-reference tables for the most popular conversions. For example, 5 EGP is equivalent to 289.09 $SPONGE, while 5 $SPONGE will cost around 0.08648EGP.
What is the highest price of $SPONGE/EGP in history?
The all-time high price of 1 $SPONGE in EGP is £0.1221. It remains to be seen if the value of 1 $SPONGE/EGP will exceed the current all-time high.
What is the price trend of Sponge in EGP?
Over the past 7 days, the exchange rate of Sponge ($SPONGE) has gone up by 3.03%.   Over the last month, the exchange rate of Sponge ($SPONGE) has gone up by 0.33% against Egyptian Pound (EGP).

What factors influence the conversion rate of $SPONGE to EGP?

There are many factors that affect the relationship between Sponge 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 $SPONGE/EGP. When there is positive news in the market about the widespread adoption of $SPONGE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of $SPONGE/EGP. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in $SPONGE/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.
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 $SPONGE/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 Sponge and adjust their investment strategies accordingly in the evolving market.

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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.