Egyptian Pound ethiopian birr exchange rate history (EGP ETB) August 2023

Egyptian Pound ethiopian birr history for August 2023. The highest quote for this month is 1.7845 (17/08/2023) and the lowest 1.7871 (23/08/2023). The difference between high and low is -0.15.

EGP ETB average rate for August 2023 is 1.77738, the change between 01/08/2023 and 31/08/2023 is -0.72 %.

01 August 2023	1 EGP = 1.770 ETB
02 August 2023	1 EGP = 1.771 ETB
03 August 2023	1 EGP = 1.780 ETB
04 August 2023	1 EGP = 1.768 ETB
07 August 2023	1 EGP = 1.773 ETB
08 August 2023	1 EGP = 1.777 ETB
09 August 2023	1 EGP = 1.778 ETB
10 August 2023	1 EGP = 1.779 ETB
11 August 2023	1 EGP = 1.779 ETB
14 August 2023	1 EGP = 1.778 ETB
15 August 2023	1 EGP = 1.776 ETB
16 August 2023	1 EGP = 1.779 ETB
17 August 2023	1 EGP = 1.776 ETB
18 August 2023	1 EGP = 1.777 ETB
21 August 2023	1 EGP = 1.784 ETB
22 August 2023	1 EGP = 1.777 ETB
23 August 2023	1 EGP = 1.781 ETB
24 August 2023	1 EGP = 1.781 ETB
25 August 2023	1 EGP = 1.779 ETB
28 August 2023	1 EGP = 1.775 ETB
29 August 2023	1 EGP = 1.782 ETB
30 August 2023	1 EGP = 1.779 ETB
31 August 2023	1 EGP = 1.783 ETB

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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

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.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

12/08/1987: Introduction of New Egyptian Pound

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

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

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.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.

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 Ethiopian birr