Egyptian Pound indonesian rupiah exchange rate history (EGP IDR) December 2023

Egyptian Pound indonesian rupiah history for December 2023. The highest quote for this month is 506.97 (13/12/2023) and the lowest 506.04 (13/12/2023). The difference between high and low is 0.18.

EGP IDR average rate for December 2023 is 501.17107, the change between 01/12/2023 and 31/12/2023 is +0.85 %.

01 December 2023	1 EGP = 503.6 IDR
02 December 2023	1 EGP = 502.1 IDR
03 December 2023	1 EGP = 501.8 IDR
04 December 2023	1 EGP = 501.4 IDR
05 December 2023	1 EGP = 502.2 IDR
06 December 2023	1 EGP = 502.4 IDR
07 December 2023	1 EGP = 500.6 IDR
08 December 2023	1 EGP = 502.0 IDR
10 December 2023	1 EGP = 502.3 IDR
11 December 2023	1 EGP = 505.0 IDR
12 December 2023	1 EGP = 506.5 IDR
13 December 2023	1 EGP = 503.9 IDR
14 December 2023	1 EGP = 494.8 IDR
15 December 2023	1 EGP = 500.6 IDR
16 December 2023	1 EGP = 501.3 IDR
17 December 2023	1 EGP = 500.9 IDR
18 December 2023	1 EGP = 494.6 IDR
19 December 2023	1 EGP = 500.5 IDR
20 December 2023	1 EGP = 500.3 IDR
21 December 2023	1 EGP = 502.6 IDR
22 December 2023	1 EGP = 500.1 IDR
23 December 2023	1 EGP = 501.8 IDR
24 December 2023	1 EGP = 501.7 IDR
25 December 2023	1 EGP = 499.3 IDR
26 December 2023	1 EGP = 501.2 IDR
27 December 2023	1 EGP = 500.4 IDR
28 December 2023	1 EGP = 499.6 IDR
29 December 2023	1 EGP = 499.4 IDR

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.

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

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.

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

01/07/1997: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

12/08/1987: Introduction of New Egyptian Pound

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

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

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.

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.

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 Indonesian Rupiah