Historic Egyptian Pound Moroccan dirham

Egyptian Pound moroccan dirham history for February 2024. The highest quote for this month is 0.32615 (17/02/2024) and the lowest 0.32615 (17/02/2024). The difference between high and low is 0.

EGP MAD average rate for February 2024 is 0.32303, the change between 01/02/2024 and 29/02/2024 is +2.06 %.

01 February 20241 EGP = 0.3239 MAD
02 February 20241 EGP = 0.3241 MAD
03 February 20241 EGP = 0.3253 MAD
04 February 20241 EGP = 0.3253 MAD
05 February 20241 EGP = 0.3143 MAD
06 February 20241 EGP = 0.3160 MAD
07 February 20241 EGP = 0.3262 MAD
08 February 20241 EGP = 0.3259 MAD
09 February 20241 EGP = 0.3253 MAD
12 February 20241 EGP = 0.3162 MAD
13 February 20241 EGP = 0.3251 MAD
14 February 20241 EGP = 0.3260 MAD
15 February 20241 EGP = 0.3262 MAD
16 February 20241 EGP = 0.3257 MAD
17 February 20241 EGP = 0.3262 MAD
18 February 20241 EGP = 0.3262 MAD
19 February 20241 EGP = 0.3171 MAD
20 February 20241 EGP = 0.3164 MAD
21 February 20241 EGP = 0.3261 MAD
22 February 20241 EGP = 0.3263 MAD
23 February 20241 EGP = 0.3256 MAD
24 February 20241 EGP = 0.3259 MAD
25 February 20241 EGP = 0.3248 MAD
26 February 20241 EGP = 0.3148 MAD
27 February 20241 EGP = 0.3241 MAD
28 February 20241 EGP = 0.3258 MAD
29 February 20241 EGP = 0.3172 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

12/08/1987: Introduction of New Egyptian Pound

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

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

14/09/1962: Devaluation of the Pound

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

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.

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.