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50 Qirsh / Piastres Power Stations

Issuer Central Bank of Egypt
Year 2019
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Reference(s) KM#1035
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Obverse script Arabic, Latin
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Mintage 1440 (2019) - ١٤٤٠هـ - ٢٠١٩م - 25,000,000
Additional information

Egypt's 2019 commemorative circulation series was issued partly to rehabilitate public confidence in the banking system following years of currency instability — the pound had lost roughly half its value against the dollar after the 2016 IMF-mandated float. The power stations coin specifically references the Zouk and Mostorod projects, part of a Siemens-led expansion that added 14.4 gigawatts to Egypt's national grid in under two years, one of the fastest large-scale energy buildouts on record.

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