Historic Egyptian Pound South Korean Won

Egyptian Pound south korean won history for November 2023. The highest quote for this month is 43.941 (01/11/2023) and the lowest 43.801 (01/11/2023). The difference between high and low is 0.32.

EGP KRW average rate for November 2023 is 42.34808, the change between 01/11/2023 and 30/11/2023 is +4.66 %.

01 November 20231 EGP = 43.70 KRW
02 November 20231 EGP = 43.66 KRW
03 November 20231 EGP = 43.20 KRW
06 November 20231 EGP = 42.86 KRW
07 November 20231 EGP = 42.02 KRW
08 November 20231 EGP = 42.39 KRW
09 November 20231 EGP = 42.38 KRW
10 November 20231 EGP = 42.60 KRW
12 November 20231 EGP = 42.67 KRW
13 November 20231 EGP = 42.95 KRW
14 November 20231 EGP = 42.73 KRW
15 November 20231 EGP = 42.24 KRW
16 November 20231 EGP = 42.15 KRW
17 November 20231 EGP = 41.83 KRW
18 November 20231 EGP = 41.89 KRW
19 November 20231 EGP = 41.96 KRW
20 November 20231 EGP = 42.20 KRW
21 November 20231 EGP = 41.68 KRW
22 November 20231 EGP = 41.95 KRW
23 November 20231 EGP = 42.06 KRW
24 November 20231 EGP = 42.11 KRW
26 November 20231 EGP = 42.24 KRW
27 November 20231 EGP = 42.03 KRW
28 November 20231 EGP = 42.19 KRW
29 November 20231 EGP = 41.68 KRW
30 November 20231 EGP = 41.67 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.