Egyptian Pound united states dollar history for July 2023. The highest quote for this month is 0.03233 (25/07/2023) and the lowest 0.032604 (31/07/2023). The difference between high and low is -0.85.
EGP USD average rate for July 2023 is 0.03243, the change between 01/07/2023 and 31/07/2023 is -0.26 %.
| 05 July 2023 | 1 EGP = 0.0324 USD |
| 25 July 2023 | 1 EGP = 0.0324 USD |
| 31 July 2023 | 1 EGP = 0.0325 USD |
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.
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.
12/08/1987: Introduction of New Egyptian Pound
A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.
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.