Egyptian Pound south korean won exchange rate history (EGP KRW) August 2023

Egyptian Pound south korean won history for August 2023. The highest quote for this month is 43.435 (17/08/2023) and the lowest 43.567 (21/08/2023). The difference between high and low is -0.3.

EGP KRW average rate for August 2023 is 42.82135, the change between 01/08/2023 and 31/08/2023 is -3.54 %.

01 August 2023	1 EGP = 41.39 KRW
02 August 2023	1 EGP = 41.75 KRW
03 August 2023	1 EGP = 41.96 KRW
04 August 2023	1 EGP = 41.92 KRW
07 August 2023	1 EGP = 42.37 KRW
08 August 2023	1 EGP = 42.36 KRW
09 August 2023	1 EGP = 42.65 KRW
10 August 2023	1 EGP = 42.55 KRW
11 August 2023	1 EGP = 42.71 KRW
12 August 2023	1 EGP = 42.93 KRW
14 August 2023	1 EGP = 42.88 KRW
15 August 2023	1 EGP = 43.25 KRW
16 August 2023	1 EGP = 43.37 KRW
17 August 2023	1 EGP = 43.51 KRW
18 August 2023	1 EGP = 43.39 KRW
19 August 2023	1 EGP = 43.41 KRW
20 August 2023	1 EGP = 43.34 KRW
21 August 2023	1 EGP = 43.58 KRW
22 August 2023	1 EGP = 43.39 KRW
23 August 2023	1 EGP = 43.39 KRW
24 August 2023	1 EGP = 43.02 KRW
25 August 2023	1 EGP = 42.97 KRW
28 August 2023	1 EGP = 42.85 KRW
29 August 2023	1 EGP = 42.85 KRW
30 August 2023	1 EGP = 42.72 KRW
31 August 2023	1 EGP = 42.85 KRW

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

12/08/1987: Introduction of New Egyptian Pound

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

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

14/09/1962: Devaluation of the Pound

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

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

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 South Korean Won