Historic Egyptian Pound Gibraltar pound

Egyptian Pound gibraltar pound history for January 2024. The highest quote for this month is 0.025653 (17/01/2024) and the lowest 0.025726 (08/01/2024). The difference between high and low is -0.28.

EGP GIP average rate for January 2024 is 0.0255, the change between 01/01/2024 and 31/01/2024 is -0.02 %.

01 January 20241 EGP = 0.0254 GIP
02 January 20241 EGP = 0.0255 GIP
03 January 20241 EGP = 0.0256 GIP
04 January 20241 EGP = 0.0255 GIP
05 January 20241 EGP = 0.0256 GIP
08 January 20241 EGP = 0.0257 GIP
09 January 20241 EGP = 0.0254 GIP
10 January 20241 EGP = 0.0255 GIP
11 January 20241 EGP = 0.0254 GIP
12 January 20241 EGP = 0.0254 GIP
15 January 20241 EGP = 0.0254 GIP
16 January 20241 EGP = 0.0256 GIP
17 January 20241 EGP = 0.0256 GIP
18 January 20241 EGP = 0.0256 GIP
19 January 20241 EGP = 0.0255 GIP
22 January 20241 EGP = 0.0256 GIP
23 January 20241 EGP = 0.0255 GIP
24 January 20241 EGP = 0.0254 GIP
25 January 20241 EGP = 0.0255 GIP
26 January 20241 EGP = 0.0254 GIP
29 January 20241 EGP = 0.0255 GIP
30 January 20241 EGP = 0.0255 GIP
31 January 20241 EGP = 0.0254 GIP

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

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.

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

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.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

12/08/1987: Introduction of New Egyptian Pound

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

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 pound.

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.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.

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.