Historic Australian dollar Egyptian Pound

Australian dollar egyptian pound history for December 2023. The highest quote for this month is 21.112 (28/12/2023) and the lowest 21.822 (25/12/2023). The difference between high and low is -3.36.

AUD EGP average rate for December 2023 is 20.65829, the change between 01/12/2023 and 31/12/2023 is -3.38 %.

01 December 20231 AUD = 20.40 EGP
02 December 20231 AUD = 20.59 EGP
03 December 20231 AUD = 20.57 EGP
04 December 20231 AUD = 20.58 EGP
05 December 20231 AUD = 20.45 EGP
06 December 20231 AUD = 20.17 EGP
07 December 20231 AUD = 20.26 EGP
08 December 20231 AUD = 20.36 EGP
10 December 20231 AUD = 20.29 EGP
11 December 20231 AUD = 20.27 EGP
12 December 20231 AUD = 20.28 EGP
13 December 20231 AUD = 20.28 EGP
14 December 20231 AUD = 20.58 EGP
15 December 20231 AUD = 20.71 EGP
16 December 20231 AUD = 20.70 EGP
17 December 20231 AUD = 20.71 EGP
18 December 20231 AUD = 20.70 EGP
19 December 20231 AUD = 20.70 EGP
20 December 20231 AUD = 20.89 EGP
21 December 20231 AUD = 20.81 EGP
22 December 20231 AUD = 20.99 EGP
23 December 20231 AUD = 20.99 EGP
24 December 20231 AUD = 20.99 EGP
25 December 20231 AUD = 21.01 EGP
26 December 20231 AUD = 20.99 EGP
27 December 20231 AUD = 21.00 EGP
28 December 20231 AUD = 21.09 EGP
29 December 20231 AUD = 21.09 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
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