Hi

Probably best just to take £ Sterling with you, take Sterling travellers cheques or notes, you will be able to change some at the airport when you arrive if you wish, you will also be able to change it in resort at your hotel.
If you are taking £ Sterling ensure that it is English currency only, as you won't be able to exchange Scottish notes etc.
If you wish you can also use ATM,s to get money from in resort.

There is a long topic on this subject if you wish to read through it.
http://www.holidaytruths.co.uk/viewtopic.php?f=32&t=34391&hilit=currency

Have a great holiday
Graham

Hi agree with above - you will get a better exchange rate in Sharm. There are lots of banks outside your hotel including HSBC where you may get a better rate than the hotel. The banks exchange in the eves from about 18.30 til about 9 and are closed on Fridays.

Have a great time - friends living there have told me the weather is lovely at moment and hitting 30's.