Currency, Tipping & Bargaining Etiquette in Red Sea Souks: Essential Red Sea Travel Guide

Understanding Money Matters on Your Red Sea Adventure

Planning a journey to Egypt’s Red Sea region? Whether you’re diving into vibrant coral reefs or exploring bustling Red Sea souks, understanding local currency, tipping customs, and bargaining etiquette is crucial for a smooth and respectful travel experience. This guide covers every aspect of Red Sea travel finance, from exchanging Egyptian pounds to navigating traditional bargaining in markets—and includes practical advice for visitors joining Red Sea Quest tours or venturing independently.

Currencies Used in the Red Sea Region

The Egyptian Pound: Your Main Currency

The official currency throughout Egypt, including all Red Sea destinations, is the Egyptian Pound (EGP), locally known as the “geneih.” While major resorts and hotels in areas such as Sharm El Sheikh, Hurghada, and Dahab may accept credit cards or, occasionally, foreign currencies like euros or US dollars, cash in EGP remains essential for smaller purchases, local eateries, and market transactions.

Where and How to Exchange Money

Exchange offices and ATMs are widely available in Red Sea tourist hubs. For the best rates and convenience, use ATMs inside banks or reputable hotels. Avoid exchanging money with street vendors or unauthorized agents. Always count your notes before leaving the counter, and request small denominations for tips and market shopping.

• Currency exchange is available at airports, hotels, and major banks.
• ATMs dispense EGP and are found throughout cities and resort areas.
• Credit cards are accepted in most hotels and established restaurants, but cash is king in souks and for local transport.

Red Sea Souks: The Art of Bargaining

Wandering through Red Sea souks is a highlight of travel in Egypt. Markets in Hurghada, Sharm El Sheikh, and Marsa Alam are renowned for their colorful displays of spices, textiles, jewelry, and local crafts. Bargaining is not just accepted—it’s expected. Mastering this skill is part of the authentic Red Sea travel experience.

How to Bargain Effectively

• Start low: Vendors usually quote higher prices to tourists. Offer around half the asking price and negotiate from there.
• Be polite but firm: Smile, show respect, and never lose your temper. Bargaining should be friendly and good-natured.
• Know when to walk away: If the price isn’t right or negotiations stall, a polite thank you and a slow walk away often brings a better offer.
• Compare prices: Visit several stalls before making a purchase, especially for souvenirs and handicrafts.

Bargaining is especially lively in markets near Giftun Islands and the historic bazaars of Hurghada. For more insights into local customs and shopping tips, browse our latest blog articles.

Tipping Etiquette in the Red Sea

Tipping, known locally as “baksheesh,” is woven into the fabric of Egyptian hospitality. While not always compulsory, a small tip is appreciated for most services and is often an important supplement to local incomes.

Who to Tip and How Much?

• Hotel staff: 10–20 EGP per service (bellhop, housekeeping) is standard.
• Restaurants: If service is not included, leave 10–15% of the bill in cash.
• Tour guides and drivers: For organized tours such as scuba diving or snorkeling adventures, tip guides and boat crew 50–100 EGP per day, or more for exceptional service.
• Taxi drivers: Rounding up the fare or adding a small tip is customary.

Always tip in local currency when possible, and hand tips directly to the service provider.

Common Pitfalls and Pro Tips for Red Sea Travelers

• Inspect your change: Counterfeit notes and incorrect change are rare, but it pays to check.
• Keep small denominations: Souks, local buses, and street vendors often lack change for larger bills.
• Practice basic Arabic greetings: A friendly “shukran” (thank you) goes a long way during market interactions.
• Understand price signs: Prices displayed in shops may be negotiable unless marked as “fixed.”

Souks, Markets, and Shopping Hotspots

Each Red Sea destination features its own distinctive markets. The souks of Sharm El Sheikh are famous for perfumes and papyrus art, while Marsa Alam offers unique Bedouin handicrafts. For marine-themed souvenirs, explore stalls near the Ras Mohammed National Park entrance.

What to Buy and How to Get the Best Value

• Hand-embroidered textiles
• Spices and herbal teas
• Traditional jewelry and silverwork
• Marine-inspired crafts and coral motifs (ensure items are sustainably sourced)

If you’re passionate about sustainable travel and wish to support local artisans while minimizing your ecological footprint, read about our sustainability efforts.

FAQs: Currency, Tipping, and Bargaining in the Red Sea

Still have questions? Our FAQ section covers topics like exchanging money, appropriate tips on sailing cruises, and advice for safe, respectful bargaining.

Conclusion: Navigate Red Sea Souks with Confidence

Whether you’re browsing for keepsakes in bustling Red Sea souks, tipping a friendly dive instructor, or haggling over spices in Hurghada, understanding local currency, tipping customs, and bargaining etiquette ensures a respectful and rewarding travel experience. For more tips, inspiration, and to book your next adventure, explore our featured Red Sea tours or dive deeper into regional highlights on our travel blog.