Historic Egyptian Pound Maldivian rufiyaa

Egyptian Pound maldivian rufiyaa history for February 2024. The highest quote for this month is 0.49984 (03/02/2024) and the lowest 0.49984 (04/02/2024). The difference between high and low is 0.

EGP MVR average rate for February 2024 is 0.49436, the change between 01/02/2024 and 29/02/2024 is +0.44 %.

01 February 20241 EGP = 0.4943 MVR
02 February 20241 EGP = 0.4941 MVR
03 February 20241 EGP = 0.4998 MVR
04 February 20241 EGP = 0.4998 MVR
05 February 20241 EGP = 0.4910 MVR
06 February 20241 EGP = 0.4940 MVR
07 February 20241 EGP = 0.4933 MVR
08 February 20241 EGP = 0.4941 MVR
09 February 20241 EGP = 0.4924 MVR
12 February 20241 EGP = 0.4937 MVR
13 February 20241 EGP = 0.4908 MVR
14 February 20241 EGP = 0.4906 MVR
15 February 20241 EGP = 0.4924 MVR
16 February 20241 EGP = 0.4940 MVR
17 February 20241 EGP = 0.4998 MVR
18 February 20241 EGP = 0.4998 MVR
19 February 20241 EGP = 0.4961 MVR
20 February 20241 EGP = 0.4940 MVR
21 February 20241 EGP = 0.4918 MVR
22 February 20241 EGP = 0.4922 MVR
23 February 20241 EGP = 0.4923 MVR
24 February 20241 EGP = 0.4998 MVR
25 February 20241 EGP = 0.4982 MVR
26 February 20241 EGP = 0.4924 MVR
27 February 20241 EGP = 0.4921 MVR
28 February 20241 EGP = 0.4927 MVR
29 February 20241 EGP = 0.4921 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.