Historic Egyptian Pound South Korean Won

Egyptian Pound south korean won history for January 2024. The highest quote for this month is 43.662 (17/01/2024) and the lowest 43.44 (17/01/2024). The difference between high and low is 0.51.

EGP KRW average rate for January 2024 is 42.84359, the change between 01/01/2024 and 31/01/2024 is -2.5 %.

01 January 20241 EGP = 41.87 KRW
02 January 20241 EGP = 41.72 KRW
03 January 20241 EGP = 42.32 KRW
04 January 20241 EGP = 42.38 KRW
05 January 20241 EGP = 42.63 KRW
06 January 20241 EGP = 42.78 KRW
07 January 20241 EGP = 42.74 KRW
08 January 20241 EGP = 42.93 KRW
09 January 20241 EGP = 42.48 KRW
10 January 20241 EGP = 42.75 KRW
11 January 20241 EGP = 42.69 KRW
12 January 20241 EGP = 42.49 KRW
14 January 20241 EGP = 42.57 KRW
15 January 20241 EGP = 42.50 KRW
16 January 20241 EGP = 42.69 KRW
17 January 20241 EGP = 43.33 KRW
18 January 20241 EGP = 43.55 KRW
19 January 20241 EGP = 43.34 KRW
22 January 20241 EGP = 43.36 KRW
23 January 20241 EGP = 43.36 KRW
24 January 20241 EGP = 43.30 KRW
25 January 20241 EGP = 43.08 KRW
26 January 20241 EGP = 43.28 KRW
28 January 20241 EGP = 43.23 KRW
29 January 20241 EGP = 43.33 KRW
30 January 20241 EGP = 43.18 KRW
31 January 20241 EGP = 42.92 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.
EGP KRW July 2023
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EGP KRW January 2024
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