Historic Moroccan dirham Egyptian Pound

Moroccan dirham egyptian pound history for January 2024. The highest quote for this month is 3.2208 (01/01/2024) and the lowest 3.2176 (04/01/2024). The difference between high and low is 0.1.

MAD EGP average rate for January 2024 is 3.13371, the change between 01/01/2024 and 31/01/2024 is +3.88 %.

01 January 20241 MAD = 3.215 EGP
02 January 20241 MAD = 3.224 EGP
03 January 20241 MAD = 3.112 EGP
04 January 20241 MAD = 3.113 EGP
05 January 20241 MAD = 3.109 EGP
06 January 20241 MAD = 3.092 EGP
07 January 20241 MAD = 3.101 EGP
08 January 20241 MAD = 3.183 EGP
09 January 20241 MAD = 3.110 EGP
10 January 20241 MAD = 3.202 EGP
11 January 20241 MAD = 3.103 EGP
12 January 20241 MAD = 3.104 EGP
14 January 20241 MAD = 3.102 EGP
15 January 20241 MAD = 3.206 EGP
16 January 20241 MAD = 3.209 EGP
17 January 20241 MAD = 3.189 EGP
18 January 20241 MAD = 3.090 EGP
19 January 20241 MAD = 3.090 EGP
22 January 20241 MAD = 3.194 EGP
23 January 20241 MAD = 3.106 EGP
24 January 20241 MAD = 3.094 EGP
25 January 20241 MAD = 3.102 EGP
26 January 20241 MAD = 3.093 EGP
28 January 20241 MAD = 3.101 EGP
29 January 20241 MAD = 3.196 EGP
30 January 20241 MAD = 3.082 EGP
31 January 20241 MAD = 3.090 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
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MAD EGP January 2024
MAD EGP February 2024
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MAD EGP July 2024