studentofbitcoin on Nostr: When we arrived in Egypt last Oct it was our first time encountering a big variance ...

When we arrived in Egypt last Oct it was our first time encountering a big variance between the bank rate and street rate. 1 USD = 31 EGP at the bank while the same 1 USD would fetch 37 EGP on the streets, a 20% premium. We had a chance to learn more about this and how it impacted the locals during our two-month stay.

https://studentofbitcoin.com/the-dollar-dilemma-in-egypt/