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BID to EGP Converter and calculator

BID/EGP: 1 BID = 0.01888 EGP. The price of converting 1 Bidao (BID) to Egyptian Pound (EGP) is 0.01888 EGP today.
BID
BID
EGP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BID to EGP real-time exchange rates, making it easy to convert Bidao (BID) to Egyptian Pound (EGP). The conversion result is based on real-time data. The conversion result shows that 1 BID is currently valued at 0.02 EGP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BID is currently valued at 0.02 EGP, which means buying 5 BID would cost 0.09 EGP. Similarly, £1 EGP can be converted to 52.95 BID, and £50 EGP can be converted to 264.77 BID, excluding any platform or gas fees.

Convert BID to EGP

Convert EGP to BID

Bidao
Egyptian Pound
10000 BID
188.84  EGP
In the table above, you'll find a comprehensive BID to EGP converter that shows the value of Bidao in Egyptian Pound across commonly used conversion amounts. The list covers conversions from 1 BID to EGP, all the way up to 10000 BID, providing a clear view of their respective values.
Egyptian Pound
Bidao
2000 EGP
105,907.28 BID
5000 EGP
264,768.19 BID
10000 EGP
529,536.38 BID
50000 EGP
2,647,681.88 BID
100000 EGP
5,295,363.76 BID
In the table above, you'll find a comprehensive EGP to BID converter that shows the value of Egyptian Pound in Bidao across commonly used conversion amounts. The list covers conversions from 1 EGP to BID, all the way up to 100000 EGP, providing a clear view of their respective values.

BID to EGP chart

BID/EGP: 1 BID = 0.01888 EGP; 2025/04/29 11:14:48
In the past 1D, Bidao has changed -6.18% to EGP. Based on the trend and price charts, Bidao(BID) has changed -6.18% to EGP while Egyptian Pound(EGP) has changed % to BID in the last 24 hours.
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BID to EGP conversion data: Volatility and price changes of Bidao in EGP

The highest Bidao price in EGP over the past 7 days was 0.02103 EGP while the lowest Bidao price in EGP over the past 7 days was 0.01861 EGP. The relative change between the highs and lows in Bidao price in EGP over the last 7 days indicates a volatility of %. You can view additional volatility data and BID 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
0.02013 EGP
0.02103 EGP
0.02103 EGP
0.02587 EGP
Low
0.01888 EGP
0.01861 EGP
0.01433 EGP
0.01433 EGP
Average
0 EGP
0 EGP
0 EGP
0 EGP
Volatility
%
%
%
%
Change
-6.18%
+1.50%
+15.47%
-22.84%

Bidao information

BID to EGP market statistics

BID/EGP:
£0.01888
BID 24h volume:
--
BID market cap:
--
BID circulating supply:
0 BID

Current BID to EGP exchange rate

Bidao to Egyptian Pound is rising this week.
Bidao's current market price is £0.01888 per BID, with a total market cap of £0 EGP based on a circulating supply of -- BID. The trading volume of Bidao has changed by -100.00% (£-- EGP) in the last 24 hours. Last trading day, BID's trading volume was £--.

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

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How to convert BID to EGP

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BID to EGP Conversion tables

The exchange rate of Bidao is increasing.
The exchange rate of 1 BID to Egyptian Pound has changed by +1.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.18%, reaching a high of 0.02013 EGP and a low of 0.01888 EGP . One month ago, the value of 1 BID was £0.01635 EGP , which represents a +15.47% change from its current value. Over the last year, Bidao has changed by
-£
0.06828EGP
, resulting in a change of -78.33% in its value.
24 hours ago1 month ago1 year ago
Amount11:14 am today24 hours ago24h change
0.5 BID£0.009442£0.01006
-6.18%
1 BID£0.01888£0.02013
-6.18%
5 BID£0.09442£0.1006
-6.18%
10 BID£0.1888£0.2013
-6.18%
50 BID£0.9442£1.01
-6.18%
100 BID£1.89£2.01
-6.18%
500 BID£9.44£10.06
-6.18%
1000 BID£18.88£20.13
-6.18%

BID to EGP FAQ

How much is 1 Bidao in EGP?
Right now, the price of 1 Bidao (BID) in Egyptian Pound (EGP) is £0.01888.
How much BID can I buy for 1 EGP?
Based on the current exchange rate, you can get 52.95 BID for 1 EGP.
How do I calculate or convert BID to EGP?
You can use our BID to EGP calculator at the top of this page to convert any amount of BID to EGP. We've also included quick-reference tables for the most popular conversions. For example, 5 EGP is equivalent to 264.77 BID, while 5 BID will cost around 0.09442EGP.
What is the highest price of BID/EGP in history?
The all-time high price of 1 BID in EGP is £2.45. It remains to be seen if the value of 1 BID/EGP will exceed the current all-time high.
What is the price trend of Bidao in EGP?
Over the past 7 days, the exchange rate of Bidao (BID) has gone up by 1.50%.   Over the last month, the exchange rate of Bidao (BID) has gone up by 15.47% against Egyptian Pound (EGP).

What factors influence the conversion rate of BID to EGP?

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