Egyptian Pound maldivian rufiyaa exchange rate history (EGP MVR) December 2023

Egyptian Pound maldivian rufiyaa history for December 2023. The highest quote for this month is 0.49984 (02/12/2023) and the lowest 0.50016 (02/12/2023). The difference between high and low is -0.06.

EGP MVR average rate for December 2023 is 0.49504, the change between 01/12/2023 and 31/12/2023 is -0.14 %.

01 December 2023	1 EGP = 0.4923 MVR
02 December 2023	1 EGP = 0.5002 MVR
03 December 2023	1 EGP = 0.4998 MVR
04 December 2023	1 EGP = 0.4947 MVR
05 December 2023	1 EGP = 0.4928 MVR
06 December 2023	1 EGP = 0.4944 MVR
07 December 2023	1 EGP = 0.4915 MVR
08 December 2023	1 EGP = 0.4926 MVR
10 December 2023	1 EGP = 0.4998 MVR
11 December 2023	1 EGP = 0.4933 MVR
12 December 2023	1 EGP = 0.4930 MVR
13 December 2023	1 EGP = 0.4930 MVR
14 December 2023	1 EGP = 0.4950 MVR
15 December 2023	1 EGP = 0.4935 MVR
16 December 2023	1 EGP = 0.4990 MVR
17 December 2023	1 EGP = 0.4987 MVR
18 December 2023	1 EGP = 0.4935 MVR
19 December 2023	1 EGP = 0.4939 MVR
20 December 2023	1 EGP = 0.4937 MVR
21 December 2023	1 EGP = 0.4939 MVR
22 December 2023	1 EGP = 0.4939 MVR
23 December 2023	1 EGP = 0.4998 MVR
24 December 2023	1 EGP = 0.4998 MVR
25 December 2023	1 EGP = 0.4926 MVR
26 December 2023	1 EGP = 0.4928 MVR
27 December 2023	1 EGP = 0.4955 MVR
28 December 2023	1 EGP = 0.4950 MVR
29 December 2023	1 EGP = 0.4930 MVR

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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

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 Maldivian rufiyaa