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Egypt 2024: Why Is It Cheaper?

If you are looking for a cheap holiday but full of culture, history and fun, Egypt could be the right choice for you. Whether you want to admire the pyramids, sail the Nile, explore museums or go diving, Egypt has something to offer to all tastes and budgets.

In 2024 it is even cheaper to take a holiday in Egypt!

Let’s find out now!

BECAUSE DIVING COSTS LESS

Egypt has long been a popular destination for divers from around the world, offering some of the most spectacular diving experiences in the Red Sea. However, in 2024, diving in Egypt has become significantly cheaper, mainly due to the depreciation of the Egyptian pound against the US dollar. This article explores how this economic shift has made diving in Egypt more affordable, focusing on equipment rental and dive packages.

ECONOMIC CONTEXT

Since the start of 2022, Egypt has devalued its currency three times, causing the Egyptian pound to lose half its value against the US dollar

This depreciation has had a broad impact on the country’s economy, affecting everything from the cost of imports to the price of tourism services, including diving. The Egyptian government has also reached a provisional agreement with the International Monetary Fund (IMF), which provides for the devaluation of the Egyptian pound

This economic environment has made Egypt a more affordable destination for international tourists, including divers.
Impact on diving costs

EQUIPMENT RENTAL

The depreciation of the Egyptian pound means that for tourists who convert to stronger currencies, the cost of services and rentals in Egypt is lower. For example, prices for guided technical dives and equipment rental costs in Egypt are listed in euros, but the overall cost in terms of foreign currency has actually decreased due to the depreciation of the pound.

This makes renting diving equipment, such as tanks, regulators and BCDs, more convenient for international divers.

DIVING PACKAGES

Dive packages, which include multiple dives and sometimes accommodation and other services, have also become more affordable. Operators in the Red Sea offer dive packages at competitive prices, reflecting the lower value of the local currency

For example, a 3-day diving package with 6 dives is offered at a price that has become more attractive for foreign divers due to the favorable exchange rate

ADDITIONAL BENEFITS

The cheaper costs go beyond just the dive itself. Accommodation, food and transportation in Egypt are also more affordable for tourists, allowing divers to have a more complete vacation experience at a lower cost. This convenience can allow divers to book longer stays, experience more dives, and even indulge in luxury amenities that may have been out of reach before the currency devaluation.

OTHER ADVANTAGES

There are other reasons why going to Egypt on holiday can be an advantageous choice. Here are some:

  • The depreciation of the Egyptian pound makes prices more affordable for foreign tourists, who can enjoy quality accommodation, restaurants, transportation and services at lower costs than other destinations.
  • Egypt offers a variety of historical, cultural, natural and entertainment attractions, catering to the tastes and needs of every type of traveller. You can visit the archaeological heritage of ancient Egypt, discover the rich culture and hospitality of the Egyptian people, admire the breathtaking landscapes of the desert and the Nile, or relax on the beaches and enjoy water sports in the Red Sea.
  • Package trips to Egypt offer a comfortable and safe experience, eliminating logistical difficulties and ensuring reliable transportation, comfortable and safe accommodations, and access to expert tour guides. Additionally, many tours are customizable to travelers’ preferences and budget.
  • Egypt is a timeless travel destination, embodying millennia of history and culture, and always offering new discoveries and surprises . Traveling to Egypt means immersing yourself in a profound and authentic cultural experience, which enriches the knowledge and sensitivity of visitors.
  • Egypt is a country that needs tourism to support its economy and development. By choosing to go to Egypt on holiday, you help create job and income opportunities for the local population, and promote the conservation and enhancement of the country’s cultural and natural heritage.

CONCLUSION

The depreciation of the Egyptian pound has made diving in Egypt in 2024 significantly cheaper for international tourists. This economic shift offers a silver lining to the diving community, offering the opportunity to explore the underwater wonders of the Red Sea at a fraction of the normal cost. Whether it’s the affordability of equipment rental or the attractive prices of dive packages, Egypt stands out as one of the best diving destinations this year, combining world-class diving with unparalleled value.

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