Egyptian Pound moroccan dirham exchange rate history (EGP MAD) October 2023

Egyptian Pound moroccan dirham history for October 2023. The highest quote for this month is 0.3356 (07/10/2023) and the lowest 0.33575 (22/10/2023). The difference between high and low is -0.04.

EGP MAD average rate for October 2023 is 0.33017, the change between 01/10/2023 and 31/10/2023 is +0.1 %.

01 October 2023	1 EGP = 0.3334 MAD
02 October 2023	1 EGP = 0.3211 MAD
03 October 2023	1 EGP = 0.3339 MAD
04 October 2023	1 EGP = 0.3343 MAD
05 October 2023	1 EGP = 0.3348 MAD
06 October 2023	1 EGP = 0.3249 MAD
07 October 2023	1 EGP = 0.3338 MAD
09 October 2023	1 EGP = 0.3211 MAD
10 October 2023	1 EGP = 0.3254 MAD
11 October 2023	1 EGP = 0.3322 MAD
12 October 2023	1 EGP = 0.3314 MAD
13 October 2023	1 EGP = 0.3319 MAD
16 October 2023	1 EGP = 0.3207 MAD
17 October 2023	1 EGP = 0.3318 MAD
18 October 2023	1 EGP = 0.3317 MAD
19 October 2023	1 EGP = 0.3220 MAD
20 October 2023	1 EGP = 0.3337 MAD
21 October 2023	1 EGP = 0.3347 MAD
22 October 2023	1 EGP = 0.3347 MAD
23 October 2023	1 EGP = 0.3224 MAD
24 October 2023	1 EGP = 0.3343 MAD
25 October 2023	1 EGP = 0.3333 MAD
26 October 2023	1 EGP = 0.3324 MAD
27 October 2023	1 EGP = 0.3323 MAD
28 October 2023	1 EGP = 0.3333 MAD
29 October 2023	1 EGP = 0.3329 MAD
30 October 2023	1 EGP = 0.3238 MAD
31 October 2023	1 EGP = 0.3330 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.

Historic Egyptian Pound Moroccan dirham