Historic Egyptian Pound South Korean Won

Egyptian Pound south korean won history for February 2024. The highest quote for this month is 43.394 (03/02/2024) and the lowest 43.366 (04/02/2024). The difference between high and low is 0.06.

EGP KRW average rate for February 2024 is 43.13941, the change between 01/02/2024 and 29/02/2024 is +0.16 %.

01 February 20241 EGP = 43.21 KRW
02 February 20241 EGP = 43.06 KRW
03 February 20241 EGP = 43.37 KRW
04 February 20241 EGP = 43.37 KRW
05 February 20241 EGP = 43.07 KRW
06 February 20241 EGP = 43.19 KRW
07 February 20241 EGP = 42.97 KRW
08 February 20241 EGP = 43.01 KRW
09 February 20241 EGP = 43.14 KRW
12 February 20241 EGP = 43.35 KRW
13 February 20241 EGP = 43.04 KRW
14 February 20241 EGP = 43.42 KRW
15 February 20241 EGP = 42.95 KRW
16 February 20241 EGP = 43.01 KRW
17 February 20241 EGP = 43.15 KRW
18 February 20241 EGP = 43.15 KRW
19 February 20241 EGP = 43.32 KRW
20 February 20241 EGP = 43.19 KRW
21 February 20241 EGP = 43.15 KRW
22 February 20241 EGP = 43.16 KRW
23 February 20241 EGP = 42.98 KRW
24 February 20241 EGP = 43.11 KRW
25 February 20241 EGP = 42.97 KRW
26 February 20241 EGP = 43.08 KRW
27 February 20241 EGP = 43.08 KRW
28 February 20241 EGP = 43.14 KRW
29 February 20241 EGP = 43.14 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.
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