Moroccan dirham egyptian pound exchange rate history (MAD EGP) November 2023

Moroccan dirham egyptian pound history for November 2023. The highest quote for this month is 3.1473 (23/11/2023) and the lowest 3.1685 (29/11/2023). The difference between high and low is -0.67.

MAD EGP average rate for November 2023 is 3.06093, the change between 01/11/2023 and 30/11/2023 is -2.48 %.

01 November 2023	1 MAD = 3.005 EGP
02 November 2023	1 MAD = 2.996 EGP
03 November 2023	1 MAD = 3.109 EGP
06 November 2023	1 MAD = 3.088 EGP
07 November 2023	1 MAD = 3.025 EGP
08 November 2023	1 MAD = 3.009 EGP
09 November 2023	1 MAD = 3.031 EGP
10 November 2023	1 MAD = 3.020 EGP
12 November 2023	1 MAD = 3.021 EGP
13 November 2023	1 MAD = 3.108 EGP
14 November 2023	1 MAD = 3.021 EGP
15 November 2023	1 MAD = 3.047 EGP
16 November 2023	1 MAD = 3.043 EGP
17 November 2023	1 MAD = 3.044 EGP
18 November 2023	1 MAD = 3.043 EGP
19 November 2023	1 MAD = 3.039 EGP
20 November 2023	1 MAD = 3.136 EGP
21 November 2023	1 MAD = 3.051 EGP
22 November 2023	1 MAD = 3.048 EGP
23 November 2023	1 MAD = 3.145 EGP
24 November 2023	1 MAD = 3.144 EGP
26 November 2023	1 MAD = 3.058 EGP
27 November 2023	1 MAD = 3.140 EGP
28 November 2023	1 MAD = 3.062 EGP
29 November 2023	1 MAD = 3.077 EGP
30 November 2023	1 MAD = 3.080 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.

Historic Moroccan dirham Egyptian Pound