Egyptian Pound south african rand exchange rate history (EGP ZAR) August 2023

Egyptian Pound south african rand history for August 2023. The highest quote for this month is 0.62374 (15/08/2023) and the lowest 0.61751 (15/08/2023). The difference between high and low is 1.

EGP ZAR average rate for August 2023 is 0.60704, the change between 01/08/2023 and 31/08/2023 is -4.71 %.

01 August 2023	1 EGP = 0.5782 ZAR
02 August 2023	1 EGP = 0.5908 ZAR
03 August 2023	1 EGP = 0.5974 ZAR
04 August 2023	1 EGP = 0.6027 ZAR
07 August 2023	1 EGP = 0.5995 ZAR
08 August 2023	1 EGP = 0.6056 ZAR
09 August 2023	1 EGP = 0.6125 ZAR
10 August 2023	1 EGP = 0.6139 ZAR
11 August 2023	1 EGP = 0.6097 ZAR
12 August 2023	1 EGP = 0.6138 ZAR
14 August 2023	1 EGP = 0.6102 ZAR
15 August 2023	1 EGP = 0.6177 ZAR
16 August 2023	1 EGP = 0.6200 ZAR
17 August 2023	1 EGP = 0.6211 ZAR
18 August 2023	1 EGP = 0.6174 ZAR
20 August 2023	1 EGP = 0.6145 ZAR
21 August 2023	1 EGP = 0.6173 ZAR
22 August 2023	1 EGP = 0.6134 ZAR
23 August 2023	1 EGP = 0.6080 ZAR
24 August 2023	1 EGP = 0.5978 ZAR
25 August 2023	1 EGP = 0.6087 ZAR
28 August 2023	1 EGP = 0.6028 ZAR
29 August 2023	1 EGP = 0.6011 ZAR
30 August 2023	1 EGP = 0.5966 ZAR
31 August 2023	1 EGP = 0.6055 ZAR

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.

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

12/08/1987: Introduction of New Egyptian Pound

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

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

14/09/1962: Devaluation of the Pound

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

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.

Historic Egyptian Pound South African rand