Historic Egyptian Pound Arab Emirates Dirham

Egyptian Pound arab emirates dirham history for January 2024. The highest quote for this month is 0.11944 (07/01/2024) and the lowest 0.12018 (08/01/2024). The difference between high and low is -0.62.

EGP AED average rate for January 2024 is 0.11901, the change between 01/01/2024 and 31/01/2024 is +0.07 %.

01 January 20241 EGP = 0.1189 AED
02 January 20241 EGP = 0.1184 AED
03 January 20241 EGP = 0.1189 AED
04 January 20241 EGP = 0.1188 AED
05 January 20241 EGP = 0.1194 AED
06 January 20241 EGP = 0.1194 AED
07 January 20241 EGP = 0.1194 AED
08 January 20241 EGP = 0.1201 AED
09 January 20241 EGP = 0.1189 AED
10 January 20241 EGP = 0.1189 AED
11 January 20241 EGP = 0.1190 AED
12 January 20241 EGP = 0.1189 AED
14 January 20241 EGP = 0.1190 AED
15 January 20241 EGP = 0.1189 AED
16 January 20241 EGP = 0.1188 AED
17 January 20241 EGP = 0.1189 AED
18 January 20241 EGP = 0.1190 AED
19 January 20241 EGP = 0.1190 AED
22 January 20241 EGP = 0.1194 AED
23 January 20241 EGP = 0.1189 AED
24 January 20241 EGP = 0.1189 AED
25 January 20241 EGP = 0.1189 AED
26 January 20241 EGP = 0.1190 AED
28 January 20241 EGP = 0.1188 AED
29 January 20241 EGP = 0.1190 AED
30 January 20241 EGP = 0.1189 AED
31 January 20241 EGP = 0.1188 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

12/08/1987: Introduction of New Egyptian Pound

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

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its 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.

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.
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