1 Pound non-magnetic

Egypt shifted to a bimetallic pound coin in 1992 partly to combat counterfeiting of the brass-clad steel version then in circulation, and partly to align with a broader regional trend toward distinctive high-denomination coinage. The non-magnetic designation here distinguishes this piece from the earlier steel-core issues, which were prone to corrosion in Egypt's climate and were quietly pulled from production.

By 2005, the pound coin had largely supplanted the one-pound note in everyday transactions, a transition the Central Bank had been pushing since the late 1990s to reduce currency printing costs.