Pound sterling egyptian pound exchange rate history (GBP EGP) December 2023

Pound sterling egyptian pound history for December 2023. The highest quote for this month is 39.408 (28/12/2023) and the lowest 39.457 (28/12/2023). The difference between high and low is -0.12.

GBP EGP average rate for December 2023 is 39.06596, the change between 01/12/2023 and 31/12/2023 is -0.86 %.

01 December 2023	1 GBP = 39.00 EGP
03 December 2023	1 GBP = 39.23 EGP
04 December 2023	1 GBP = 39.14 EGP
05 December 2023	1 GBP = 39.04 EGP
06 December 2023	1 GBP = 38.75 EGP
07 December 2023	1 GBP = 38.84 EGP
08 December 2023	1 GBP = 38.87 EGP
10 December 2023	1 GBP = 38.71 EGP
11 December 2023	1 GBP = 38.68 EGP
12 December 2023	1 GBP = 38.78 EGP
13 December 2023	1 GBP = 38.84 EGP
14 December 2023	1 GBP = 38.97 EGP
15 December 2023	1 GBP = 39.47 EGP
17 December 2023	1 GBP = 39.20 EGP
18 December 2023	1 GBP = 39.16 EGP
19 December 2023	1 GBP = 39.06 EGP
20 December 2023	1 GBP = 39.33 EGP
21 December 2023	1 GBP = 39.03 EGP
22 December 2023	1 GBP = 39.17 EGP
24 December 2023	1 GBP = 39.18 EGP
25 December 2023	1 GBP = 39.12 EGP
26 December 2023	1 GBP = 39.19 EGP
27 December 2023	1 GBP = 39.17 EGP
28 December 2023	1 GBP = 39.39 EGP
29 December 2023	1 GBP = 39.34 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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

12/08/1987: Introduction of New Egyptian Pound

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

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

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.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.

Historic Pound sterling Egyptian Pound