Egyptian Pound romanian leu exchange rate history (EGP RON) August 2023

Egyptian Pound romanian leu history for August 2023. The highest quote for this month is 0.14838 (25/08/2023) and the lowest 0.14828 (28/08/2023). The difference between high and low is 0.07.

EGP RON average rate for August 2023 is 0.14648, the change between 01/08/2023 and 31/08/2023 is -0.79 %.

01 August 2023	1 EGP = 0.1451 RON
02 August 2023	1 EGP = 0.1450 RON
03 August 2023	1 EGP = 0.1459 RON
04 August 2023	1 EGP = 0.1460 RON
07 August 2023	1 EGP = 0.1461 RON
08 August 2023	1 EGP = 0.1456 RON
09 August 2023	1 EGP = 0.1461 RON
10 August 2023	1 EGP = 0.1458 RON
11 August 2023	1 EGP = 0.1456 RON
12 August 2023	1 EGP = 0.1458 RON
14 August 2023	1 EGP = 0.1454 RON
15 August 2023	1 EGP = 0.1466 RON
16 August 2023	1 EGP = 0.1466 RON
17 August 2023	1 EGP = 0.1468 RON
18 August 2023	1 EGP = 0.1472 RON
20 August 2023	1 EGP = 0.1472 RON
21 August 2023	1 EGP = 0.1478 RON
22 August 2023	1 EGP = 0.1466 RON
23 August 2023	1 EGP = 0.1473 RON
24 August 2023	1 EGP = 0.1471 RON
25 August 2023	1 EGP = 0.1480 RON
28 August 2023	1 EGP = 0.1479 RON
29 August 2023	1 EGP = 0.1477 RON
30 August 2023	1 EGP = 0.1468 RON
31 August 2023	1 EGP = 0.1463 RON

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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

12/08/1987: Introduction of New Egyptian Pound

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

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

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.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.

Historic Egyptian Pound Romanian leu