Historic Egyptian Pound Arab Emirates Dirham

Egyptian Pound arab emirates dirham history for October 2023. The highest quote for this month is 0.11944 (07/10/2023) and the lowest 0.11997 (09/10/2023). The difference between high and low is -0.44.

EGP AED average rate for October 2023 is 0.11902, the change between 01/10/2023 and 31/10/2023 is +0.08 %.

01 October 20231 EGP = 0.1191 AED
02 October 20231 EGP = 0.1185 AED
03 October 20231 EGP = 0.1188 AED
04 October 20231 EGP = 0.1189 AED
05 October 20231 EGP = 0.1193 AED
06 October 20231 EGP = 0.1193 AED
07 October 20231 EGP = 0.1194 AED
09 October 20231 EGP = 0.1195 AED
10 October 20231 EGP = 0.1190 AED
11 October 20231 EGP = 0.1189 AED
12 October 20231 EGP = 0.1189 AED
13 October 20231 EGP = 0.1190 AED
16 October 20231 EGP = 0.1191 AED
17 October 20231 EGP = 0.1189 AED
18 October 20231 EGP = 0.1190 AED
19 October 20231 EGP = 0.1189 AED
20 October 20231 EGP = 0.1190 AED
21 October 20231 EGP = 0.1191 AED
22 October 20231 EGP = 0.1191 AED
23 October 20231 EGP = 0.1190 AED
24 October 20231 EGP = 0.1190 AED
25 October 20231 EGP = 0.1189 AED
26 October 20231 EGP = 0.1190 AED
27 October 20231 EGP = 0.1190 AED
28 October 20231 EGP = 0.1191 AED
29 October 20231 EGP = 0.1191 AED
30 October 20231 EGP = 0.1195 AED
31 October 20231 EGP = 0.1190 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.