The currency in Egypt is Egyptian Pounds. You may see this shortened to EGP or LE.
You can check out the daily exchange rate at the National Bank of Egypt. It is worth remembering that the exchange rate does vary daily and banks may offer different exchange rates.
Businesses in Hurghada are extremely flexible when it comes to which currency you are able to pay with. USD, GBP and Euros are widely accepted by most local businesses. Again, exchange rates may vary.
Supermarkets and shops within shopping malls, such as those at Senzo Mall, will only accept EGP or card payments.
Many ATM machines have the facility to exchange foreign currency into EGP. Simply insert the notes you wish to change and the machine will give you EGP in return.