Historic Moroccan dirham Egyptian Pound

Moroccan dirham egyptian pound history for February 2024. The highest quote for this month is 3.1795 (13/02/2024) and the lowest 3.1826 (02/02/2024). The difference between high and low is -0.1.

MAD EGP average rate for February 2024 is 3.09623, the change between 01/02/2024 and 29/02/2024 is -2.1 %.

01 February 20241 MAD = 3.088 EGP
02 February 20241 MAD = 3.085 EGP
03 February 20241 MAD = 3.074 EGP
04 February 20241 MAD = 3.074 EGP
05 February 20241 MAD = 3.182 EGP
06 February 20241 MAD = 3.164 EGP
07 February 20241 MAD = 3.066 EGP
08 February 20241 MAD = 3.068 EGP
09 February 20241 MAD = 3.074 EGP
12 February 20241 MAD = 3.163 EGP
13 February 20241 MAD = 3.076 EGP
14 February 20241 MAD = 3.068 EGP
15 February 20241 MAD = 3.066 EGP
16 February 20241 MAD = 3.070 EGP
17 February 20241 MAD = 3.066 EGP
18 February 20241 MAD = 3.066 EGP
19 February 20241 MAD = 3.154 EGP
20 February 20241 MAD = 3.161 EGP
21 February 20241 MAD = 3.066 EGP
22 February 20241 MAD = 3.065 EGP
23 February 20241 MAD = 3.071 EGP
24 February 20241 MAD = 3.069 EGP
25 February 20241 MAD = 3.079 EGP
26 February 20241 MAD = 3.177 EGP
27 February 20241 MAD = 3.086 EGP
28 February 20241 MAD = 3.069 EGP
29 February 20241 MAD = 3.153 EGP

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