Azerbaijani manat egyptian pound exchange rate history (AZN EGP) February 2024

Azerbaijani manat egyptian pound history for February 2024. The highest quote for this month is 18.295 (05/02/2024) and the lowest 18.158 (06/02/2024). The difference between high and low is 0.75.

AZN EGP average rate for February 2024 is 18.16471, the change between 01/02/2024 and 29/02/2024 is -0.12 %.

01 February 2024	1 AZN = 18.17 EGP
02 February 2024	1 AZN = 18.16 EGP
05 February 2024	1 AZN = 18.28 EGP
06 February 2024	1 AZN = 18.17 EGP
07 February 2024	1 AZN = 18.17 EGP
08 February 2024	1 AZN = 18.16 EGP
09 February 2024	1 AZN = 18.16 EGP
12 February 2024	1 AZN = 18.06 EGP
13 February 2024	1 AZN = 18.16 EGP
14 February 2024	1 AZN = 18.17 EGP
15 February 2024	1 AZN = 18.17 EGP
16 February 2024	1 AZN = 18.17 EGP
19 February 2024	1 AZN = 18.09 EGP
20 February 2024	1 AZN = 18.17 EGP
21 February 2024	1 AZN = 18.19 EGP
22 February 2024	1 AZN = 18.17 EGP
23 February 2024	1 AZN = 18.17 EGP
26 February 2024	1 AZN = 18.17 EGP
27 February 2024	1 AZN = 18.19 EGP
28 February 2024	1 AZN = 18.17 EGP
29 February 2024	1 AZN = 18.19 EGP

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

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.

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

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.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

12/08/1987: Introduction of New Egyptian Pound

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

14/09/1962: Devaluation of the Pound

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

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 Azerbaijani manat Egyptian Pound