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

Egyptian Pound south african rand history for October 2023. The highest quote for this month is 0.63867 (07/10/2023) and the lowest 0.63002 (09/10/2023). The difference between high and low is 1.35.

EGP ZAR average rate for October 2023 is 0.61626, the change between 01/10/2023 and 31/10/2023 is +0.25 %.

01 October 2023	1 EGP = 0.6117 ZAR
02 October 2023	1 EGP = 0.6090 ZAR
03 October 2023	1 EGP = 0.6217 ZAR
04 October 2023	1 EGP = 0.6247 ZAR
05 October 2023	1 EGP = 0.6278 ZAR
06 October 2023	1 EGP = 0.6339 ZAR
07 October 2023	1 EGP = 0.6275 ZAR
09 October 2023	1 EGP = 0.6298 ZAR
10 October 2023	1 EGP = 0.6200 ZAR
11 October 2023	1 EGP = 0.6154 ZAR
12 October 2023	1 EGP = 0.6089 ZAR
13 October 2023	1 EGP = 0.6159 ZAR
16 October 2023	1 EGP = 0.6153 ZAR
17 October 2023	1 EGP = 0.6077 ZAR
18 October 2023	1 EGP = 0.6088 ZAR
19 October 2023	1 EGP = 0.6141 ZAR
20 October 2023	1 EGP = 0.6155 ZAR
21 October 2023	1 EGP = 0.6120 ZAR
22 October 2023	1 EGP = 0.6154 ZAR
23 October 2023	1 EGP = 0.6145 ZAR
24 October 2023	1 EGP = 0.6139 ZAR
25 October 2023	1 EGP = 0.6154 ZAR
26 October 2023	1 EGP = 0.6198 ZAR
27 October 2023	1 EGP = 0.6133 ZAR
28 October 2023	1 EGP = 0.6114 ZAR
29 October 2023	1 EGP = 0.6114 ZAR
30 October 2023	1 EGP = 0.6105 ZAR
31 October 2023	1 EGP = 0.6101 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