Egyptian Pound hong kong dollar exchange rate history (EGP HKD) October 2023

Egyptian Pound hong kong dollar history for October 2023. The highest quote for this month is 0.25468 (07/10/2023) and the lowest 0.25576 (09/10/2023). The difference between high and low is -0.42.

EGP HKD average rate for October 2023 is 0.25362, the change between 01/10/2023 and 31/10/2023 is +0.19 %.

01 October 2023	1 EGP = 0.2538 HKD
02 October 2023	1 EGP = 0.2526 HKD
03 October 2023	1 EGP = 0.2535 HKD
04 October 2023	1 EGP = 0.2536 HKD
05 October 2023	1 EGP = 0.2544 HKD
06 October 2023	1 EGP = 0.2545 HKD
07 October 2023	1 EGP = 0.2547 HKD
09 October 2023	1 EGP = 0.2548 HKD
10 October 2023	1 EGP = 0.2536 HKD
11 October 2023	1 EGP = 0.2532 HKD
12 October 2023	1 EGP = 0.2531 HKD
13 October 2023	1 EGP = 0.2535 HKD
16 October 2023	1 EGP = 0.2537 HKD
17 October 2023	1 EGP = 0.2531 HKD
18 October 2023	1 EGP = 0.2534 HKD
19 October 2023	1 EGP = 0.2534 HKD
20 October 2023	1 EGP = 0.2534 HKD
21 October 2023	1 EGP = 0.2536 HKD
22 October 2023	1 EGP = 0.2536 HKD
23 October 2023	1 EGP = 0.2535 HKD
24 October 2023	1 EGP = 0.2535 HKD
25 October 2023	1 EGP = 0.2533 HKD
26 October 2023	1 EGP = 0.2535 HKD
27 October 2023	1 EGP = 0.2533 HKD
28 October 2023	1 EGP = 0.2535 HKD
29 October 2023	1 EGP = 0.2535 HKD
30 October 2023	1 EGP = 0.2545 HKD
31 October 2023	1 EGP = 0.2533 HKD

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

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.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

12/08/1987: Introduction of New Egyptian Pound

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

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

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.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.

29/07/1834: Introduction of Egyptian Pound

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

Historic Egyptian Pound Hong Kong dollar