In 1968, the Central Bank started to use the security thread and the image of the Seated Scribe is used as a watermark.

The Pound was fully Egyptianized in 1960 after a presidential decree was issued stipulating the establishment of the Central Bank of Egypt and giving it the right to issue the Egyptian banknotes.

During the rule of Mohamed Naguib, the Egyptian pound was reprinted in the design it had in 1950. However, the image of King Farouk I was replaced by the image of Tutankhamun.

King Farouk I is the only Egyptian ruler to print his image on the Egyptian banknotes.

In 1930, the first banknote with a watermark was issued. On April 23, 1930, the National Bank of Egypt issued a new 1-pound banknote with the watermark of the Sphinx.

During the reign of King Fuad I, the first Egyptian pound with a watermark was issued in 1926. For the first time, a banknote was issued carrying a person’s image – Am Idris, known by the public as “the Farmer’s Pound”.

After Egypt was proclaimed an independent kingdom under the reign of King Ahmed Fuad I, banknotes started to carry his name.

The Egyptian banknotes used in the reign of Sultan Hussein Kamel became to be printed in the British Mint. Accordingly, the Egyptian banknotes freed from any Ottoman control.

On April 3, 1899, the National Bank of Egypt issued the first banknote.