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

Egyptian Pound south african rand history for September 2023. The highest quote for this month is 0.62484 (06/09/2023) and the lowest 0.62143 (07/09/2023). The difference between high and low is 0.55.

EGP ZAR average rate for September 2023 is 0.61391, the change between 01/09/2023 and 30/09/2023 is -0.49 %.

01 September 2023	1 EGP = 0.6101 ZAR
04 September 2023	1 EGP = 0.6087 ZAR
05 September 2023	1 EGP = 0.6184 ZAR
06 September 2023	1 EGP = 0.6187 ZAR
07 September 2023	1 EGP = 0.6222 ZAR
08 September 2023	1 EGP = 0.6197 ZAR
11 September 2023	1 EGP = 0.6186 ZAR
12 September 2023	1 EGP = 0.6098 ZAR
13 September 2023	1 EGP = 0.6129 ZAR
14 September 2023	1 EGP = 0.6092 ZAR
15 September 2023	1 EGP = 0.6154 ZAR
18 September 2023	1 EGP = 0.6144 ZAR
19 September 2023	1 EGP = 0.6157 ZAR
20 September 2023	1 EGP = 0.6123 ZAR
21 September 2023	1 EGP = 0.6107 ZAR
22 September 2023	1 EGP = 0.6138 ZAR
23 September 2023	1 EGP = 0.6080 ZAR
25 September 2023	1 EGP = 0.6078 ZAR
26 September 2023	1 EGP = 0.6074 ZAR
27 September 2023	1 EGP = 0.6169 ZAR
28 September 2023	1 EGP = 0.6220 ZAR
29 September 2023	1 EGP = 0.6144 ZAR
30 September 2023	1 EGP = 0.6131 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