Egyptian Pound mexican peso exchange rate history (EGP MXN) December 2023

Egyptian Pound mexican peso history for December 2023. The highest quote for this month is 0.56773 (05/12/2023) and the lowest 0.56606 (05/12/2023). The difference between high and low is 0.29.

EGP MXN average rate for December 2023 is 0.55672, the change between 01/12/2023 and 31/12/2023 is +2.5 %.

01 December 2023	1 EGP = 0.5628 MXN
02 December 2023	1 EGP = 0.5569 MXN
03 December 2023	1 EGP = 0.5565 MXN
04 December 2023	1 EGP = 0.5583 MXN
05 December 2023	1 EGP = 0.5648 MXN
06 December 2023	1 EGP = 0.5642 MXN
07 December 2023	1 EGP = 0.5590 MXN
08 December 2023	1 EGP = 0.5659 MXN
10 December 2023	1 EGP = 0.5617 MXN
11 December 2023	1 EGP = 0.5630 MXN
12 December 2023	1 EGP = 0.5623 MXN
13 December 2023	1 EGP = 0.5601 MXN
14 December 2023	1 EGP = 0.5592 MXN
15 December 2023	1 EGP = 0.5563 MXN
16 December 2023	1 EGP = 0.5566 MXN
17 December 2023	1 EGP = 0.5575 MXN
18 December 2023	1 EGP = 0.5573 MXN
19 December 2023	1 EGP = 0.5559 MXN
20 December 2023	1 EGP = 0.5522 MXN
21 December 2023	1 EGP = 0.5549 MXN
22 December 2023	1 EGP = 0.5516 MXN
23 December 2023	1 EGP = 0.5500 MXN
24 December 2023	1 EGP = 0.5509 MXN
25 December 2023	1 EGP = 0.5502 MXN
26 December 2023	1 EGP = 0.5503 MXN
27 December 2023	1 EGP = 0.5515 MXN
28 December 2023	1 EGP = 0.5497 MXN
29 December 2023	1 EGP = 0.5488 MXN

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.

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

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.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

12/08/1987: Introduction of New Egyptian Pound

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

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

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.

Historic Egyptian Pound Mexican peso