Historic Egyptian Pound South Korean Won

Egyptian Pound south korean won history for October 2023. The highest quote for this month is 44.151 (03/10/2023) and the lowest 44.047 (19/10/2023). The difference between high and low is 0.24.

EGP KRW average rate for October 2023 is 43.73532, the change between 01/10/2023 and 31/10/2023 is +0.34 %.

01 October 20231 EGP = 43.82 KRW
02 October 20231 EGP = 43.61 KRW
03 October 20231 EGP = 43.82 KRW
04 October 20231 EGP = 44.00 KRW
05 October 20231 EGP = 43.91 KRW
06 October 20231 EGP = 43.74 KRW
07 October 20231 EGP = 43.73 KRW
09 October 20231 EGP = 43.71 KRW
10 October 20231 EGP = 43.63 KRW
11 October 20231 EGP = 43.46 KRW
12 October 20231 EGP = 43.32 KRW
13 October 20231 EGP = 43.68 KRW
16 October 20231 EGP = 43.85 KRW
17 October 20231 EGP = 43.63 KRW
18 October 20231 EGP = 43.83 KRW
19 October 20231 EGP = 43.85 KRW
20 October 20231 EGP = 43.93 KRW
21 October 20231 EGP = 43.73 KRW
22 October 20231 EGP = 43.74 KRW
23 October 20231 EGP = 43.71 KRW
24 October 20231 EGP = 43.23 KRW
25 October 20231 EGP = 43.49 KRW
26 October 20231 EGP = 43.83 KRW
27 October 20231 EGP = 43.74 KRW
28 October 20231 EGP = 43.92 KRW
29 October 20231 EGP = 43.92 KRW
30 October 20231 EGP = 44.09 KRW
31 October 20231 EGP = 43.67 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.