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

Egyptian Pound south korean won history for December 2023. The highest quote for this month is 42.9 (07/12/2023) and the lowest 42.755 (11/12/2023). The difference between high and low is 0.34.

EGP KRW average rate for December 2023 is 42.113, the change between 01/12/2023 and 31/12/2023 is +1.5 %.

01 December 2023	1 EGP = 42.00 KRW
02 December 2023	1 EGP = 41.94 KRW
03 December 2023	1 EGP = 41.94 KRW
04 December 2023	1 EGP = 42.20 KRW
05 December 2023	1 EGP = 42.32 KRW
06 December 2023	1 EGP = 42.69 KRW
07 December 2023	1 EGP = 42.48 KRW
08 December 2023	1 EGP = 42.52 KRW
10 December 2023	1 EGP = 42.67 KRW
11 December 2023	1 EGP = 42.73 KRW
12 December 2023	1 EGP = 42.52 KRW
13 December 2023	1 EGP = 42.41 KRW
14 December 2023	1 EGP = 41.85 KRW
15 December 2023	1 EGP = 41.81 KRW
16 December 2023	1 EGP = 42.08 KRW
17 December 2023	1 EGP = 42.06 KRW
18 December 2023	1 EGP = 41.31 KRW
19 December 2023	1 EGP = 42.20 KRW
20 December 2023	1 EGP = 42.01 KRW
21 December 2023	1 EGP = 42.01 KRW
22 December 2023	1 EGP = 41.84 KRW
23 December 2023	1 EGP = 42.04 KRW
24 December 2023	1 EGP = 42.05 KRW
25 December 2023	1 EGP = 42.04 KRW
26 December 2023	1 EGP = 41.97 KRW
27 December 2023	1 EGP = 42.04 KRW
28 December 2023	1 EGP = 42.08 KRW
29 December 2023	1 EGP = 41.37 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