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Easily convert XDR to EGP with ConvertOnline's efficient tool.
Special Drawing Rights (XDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. It is not a currency in the traditional sense but rather a financial instrument that can be exchanged among member countries for freely usable currencies to stabilize their economies and support international trade.
The Egyptian Pound (EGP) is the official currency of Egypt, used for all transactions within the country. It is subdivided into 100 piastres and is symbolized by the abbreviation 'LE' or the Arabic 'ج.م'. The currency is issued and regulated by the Central Bank of Egypt, playing a crucial role in the nation's economy.