Historic Egyptian Pound Moroccan dirham

Egyptian Pound moroccan dirham history for December 2023. The highest quote for this month is 0.32939 (14/12/2023) and the lowest 0.32824 (10/12/2023). The difference between high and low is 0.35.

EGP MAD average rate for December 2023 is 0.32242, the change between 01/12/2023 and 31/12/2023 is -1.21 %.

01 December 20231 EGP = 0.3162 MAD
02 December 20231 EGP = 0.3270 MAD
03 December 20231 EGP = 0.3269 MAD
04 December 20231 EGP = 0.3171 MAD
05 December 20231 EGP = 0.3261 MAD
06 December 20231 EGP = 0.3281 MAD
07 December 20231 EGP = 0.3264 MAD
08 December 20231 EGP = 0.3275 MAD
10 December 20231 EGP = 0.3294 MAD
11 December 20231 EGP = 0.3191 MAD
12 December 20231 EGP = 0.3191 MAD
13 December 20231 EGP = 0.3186 MAD
14 December 20231 EGP = 0.3301 MAD
15 December 20231 EGP = 0.3262 MAD
16 December 20231 EGP = 0.3274 MAD
17 December 20231 EGP = 0.3272 MAD
18 December 20231 EGP = 0.3183 MAD
19 December 20231 EGP = 0.3174 MAD
20 December 20231 EGP = 0.3270 MAD
21 December 20231 EGP = 0.3252 MAD
22 December 20231 EGP = 0.3225 MAD
23 December 20231 EGP = 0.3214 MAD
24 December 20231 EGP = 0.3215 MAD
25 December 20231 EGP = 0.3108 MAD
26 December 20231 EGP = 0.3111 MAD
27 December 20231 EGP = 0.3220 MAD
28 December 20231 EGP = 0.3183 MAD
29 December 20231 EGP = 0.3200 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

12/08/1987: Introduction of New Egyptian Pound

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

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

14/09/1962: Devaluation of the Pound

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

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.
EGP MAD July 2023
EGP MAD August 2023
EGP MAD September 2023
EGP MAD October 2023
EGP MAD November 2023
EGP MAD December 2023
EGP MAD January 2024
EGP MAD February 2024
EGP MAD March 2024
EGP MAD April 2024
EGP MAD May 2024
EGP MAD June 2024
EGP MAD July 2024