Historic Egyptian Pound Australian dollar

Egyptian Pound australian dollar history for February 2024. The highest quote for this month is 0.050154 (14/02/2024) and the lowest 0.050079 (14/02/2024). The difference between high and low is 0.15.

EGP AUD average rate for February 2024 is 0.04961, the change between 01/02/2024 and 29/02/2024 is -0.91 %.

01 February 20241 EGP = 0.0494 AUD
02 February 20241 EGP = 0.0493 AUD
03 February 20241 EGP = 0.0498 AUD
04 February 20241 EGP = 0.0497 AUD
05 February 20241 EGP = 0.0495 AUD
06 February 20241 EGP = 0.0500 AUD
07 February 20241 EGP = 0.0496 AUD
08 February 20241 EGP = 0.0497 AUD
09 February 20241 EGP = 0.0499 AUD
12 February 20241 EGP = 0.0499 AUD
13 February 20241 EGP = 0.0496 AUD
14 February 20241 EGP = 0.0502 AUD
15 February 20241 EGP = 0.0498 AUD
16 February 20241 EGP = 0.0496 AUD
17 February 20241 EGP = 0.0496 AUD
18 February 20241 EGP = 0.0496 AUD
19 February 20241 EGP = 0.0498 AUD
20 February 20241 EGP = 0.0496 AUD
21 February 20241 EGP = 0.0494 AUD
22 February 20241 EGP = 0.0494 AUD
23 February 20241 EGP = 0.0494 AUD
24 February 20241 EGP = 0.0494 AUD
25 February 20241 EGP = 0.0492 AUD
26 February 20241 EGP = 0.0493 AUD
27 February 20241 EGP = 0.0495 AUD
28 February 20241 EGP = 0.0495 AUD
29 February 20241 EGP = 0.0498 AUD

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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