Catalog
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| Issuer | Central Bank of Egypt |
|---|---|
| Year | 1977 |
| Type | Commemorative circulation coin |
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| Reverse description | The reverse depicts the emblem of the Council of Arab Economic Unity, consisting of two clasped hands symbolizing unity at center, framed by an ornate wreath incorporating wheat ears on either side. A cogwheel motif appears at the base of the design, flanked by decorative scrollwork. The Kufi-style square Arabic legend of the Council's name occupies the upper field, with the founding year 1957 to the right and the commemorative year 1977 to the left. A curved Arabic inscription along the lower portion reads 'Economic Unity Pact', completing the design within a reeded border. |
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| Reverse lettering | مجلس الوحدة الاقتصادية العربية ١٩٧٧ ١٩٥٧ اتفاقية الوحدة الاقتصادية (Translation: Council of Arab Economic Unity 1977 1957 Economic Unity Pact) |
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| Additional information |
The 1977 Egyptian 10 Qirsh was issued under the Central Bank following Sadat's dramatic policy reversal known as Infitah — the "open door" economic liberalization that dismantled Nasser-era state controls and invited foreign investment. Coinage from this transitional period reflects an economy in genuine flux, with the government simultaneously managing IMF pressure and domestic subsidy commitments that would eventually trigger the bread riots of January 1977, just months before this coin entered circulation.