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PRL to EGP Converter and calculator

PRL/EGP: 1 PRL = 0.02852 EGP. The price of converting 1 The Parallel (PRL) to Egyptian Pound (EGP) is 0.02852 EGP today.
PRL
PRL
EGP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRL to EGP real-time exchange rates, making it easy to convert The Parallel (PRL) to Egyptian Pound (EGP). The conversion result is based on real-time data. The conversion result shows that 1 PRL is currently valued at 0.03 EGP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRL is currently valued at 0.03 EGP, which means buying 5 PRL would cost 0.14 EGP. Similarly, £1 EGP can be converted to 35.07 PRL, and £50 EGP can be converted to 175.33 PRL, excluding any platform or gas fees.

Convert PRL to EGP

Convert EGP to PRL

The Parallel
Egyptian Pound
10000 PRL
285.18  EGP
In the table above, you'll find a comprehensive PRL to EGP converter that shows the value of The Parallel in Egyptian Pound across commonly used conversion amounts. The list covers conversions from 1 PRL to EGP, all the way up to 10000 PRL, providing a clear view of their respective values.
Egyptian Pound
The Parallel
5000 EGP
175,325.77 PRL
10000 EGP
350,651.53 PRL
50000 EGP
1,753,257.67 PRL
100000 EGP
3,506,515.35 PRL
In the table above, you'll find a comprehensive EGP to PRL converter that shows the value of Egyptian Pound in The Parallel across commonly used conversion amounts. The list covers conversions from 1 EGP to PRL, all the way up to 100000 EGP, providing a clear view of their respective values.

PRL to EGP chart

PRL/EGP: 1 PRL = 0.02852 EGP; 2025/04/28 06:14:05
In the past 1D, The Parallel has changed -0.19% to EGP. Based on the trend and price charts, The Parallel(PRL) has changed -0.19% to EGP while Egyptian Pound(EGP) has changed % to PRL in the last 24 hours.
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PRL to EGP conversion data: Volatility and price changes of The Parallel in EGP

The highest The Parallel price in EGP over the past 7 days was 0.02858 EGP while the lowest The Parallel price in EGP over the past 7 days was 0.02841 EGP. The relative change between the highs and lows in The Parallel price in EGP over the last 7 days indicates a volatility of %. You can view additional volatility data and PRL 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
0.02858 EGP
0.02858 EGP
0.02893 EGP
0.02942 EGP
Low
0.02849 EGP
0.02841 EGP
0.02841 EGP
0.02841 EGP
Average
0 EGP
0 EGP
0 EGP
0 EGP
Volatility
%
%
%
%
Change
-0.19%
+0.01%
-1.37%
-1.21%

The Parallel information

PRL to EGP market statistics

PRL/EGP:
£0.02852
PRL 24h volume:
--
PRL market cap:
--
PRL circulating supply:
0 PRL

Current PRL to EGP exchange rate

The Parallel to Egyptian Pound is rising this week.
The Parallel's current market price is £0.02852 per PRL, with a total market cap of £0 EGP based on a circulating supply of -- PRL. The trading volume of The Parallel has changed by 0.00% (£0 EGP) in the last 24 hours. Last trading day, PRL's trading volume was £0.

More info about The Parallel 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 The Parallel currency pair is the PRL to EGP, with for The Parallel's currency code being PRL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for EGP.

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How to convert PRL to EGP

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PRL to EGP Conversion tables

The exchange rate of The Parallel is decreasing.
The exchange rate of 1 PRL to Egyptian Pound has changed by +0.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.19%, reaching a high of 0.02858 EGP and a low of 0.02849 EGP . One month ago, the value of 1 PRL was £0.02892 EGP , which represents a -1.37% change from its current value. Over the last year, The Parallel has changed by
-£
0.008026EGP
, resulting in a change of -21.96% in its value.
24 hours ago1 month ago1 year ago
Amount06:14 am today24 hours ago24h change
0.5 PRL£0.01426£0.01429
-0.19%
1 PRL£0.02852£0.02857
-0.19%
5 PRL£0.1426£0.1429
-0.19%
10 PRL£0.2852£0.2857
-0.19%
50 PRL£1.43£1.43
-0.19%
100 PRL£2.85£2.86
-0.19%
500 PRL£14.26£14.29
-0.19%
1000 PRL£28.52£28.57
-0.19%

PRL to EGP FAQ

How much is 1 The Parallel in EGP?
Right now, the price of 1 The Parallel (PRL) in Egyptian Pound (EGP) is £0.02852.
How much PRL can I buy for 1 EGP?
Based on the current exchange rate, you can get 35.07 PRL for 1 EGP.
How do I calculate or convert PRL to EGP?
You can use our PRL to EGP calculator at the top of this page to convert any amount of PRL to EGP. We've also included quick-reference tables for the most popular conversions. For example, 5 EGP is equivalent to 175.33 PRL, while 5 PRL will cost around 0.1426EGP.
What is the highest price of PRL/EGP in history?
The all-time high price of 1 PRL in EGP is £36.97. It remains to be seen if the value of 1 PRL/EGP will exceed the current all-time high.
What is the price trend of The Parallel in EGP?
Over the past 7 days, the exchange rate of The Parallel (PRL) has gone up by 0.01%.   Over the last month, the exchange rate of The Parallel (PRL) has gone down by 1.37% against Egyptian Pound (EGP).

What factors influence the conversion rate of PRL to EGP?

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