Historic Gibraltar pound Egyptian Pound

Gibraltar pound egyptian pound history for January 2024. The highest quote for this month is 39.474 (01/01/2024) and the lowest 39.342 (12/01/2024). The difference between high and low is 0.33.

GIP EGP average rate for January 2024 is 39.2157, the change between 01/01/2024 and 31/01/2024 is +0.02 %.

01 January 20241 GIP = 39.35 EGP
02 January 20241 GIP = 39.16 EGP
03 January 20241 GIP = 39.06 EGP
04 January 20241 GIP = 39.26 EGP
05 January 20241 GIP = 39.14 EGP
08 January 20241 GIP = 38.91 EGP
09 January 20241 GIP = 39.30 EGP
10 January 20241 GIP = 39.29 EGP
11 January 20241 GIP = 39.33 EGP
12 January 20241 GIP = 39.39 EGP
15 January 20241 GIP = 39.31 EGP
16 January 20241 GIP = 39.13 EGP
17 January 20241 GIP = 39.07 EGP
18 January 20241 GIP = 39.09 EGP
19 January 20241 GIP = 39.22 EGP
22 January 20241 GIP = 39.13 EGP
23 January 20241 GIP = 39.18 EGP
24 January 20241 GIP = 39.39 EGP
25 January 20241 GIP = 39.28 EGP
26 January 20241 GIP = 39.33 EGP
29 January 20241 GIP = 39.14 EGP
30 January 20241 GIP = 39.18 EGP
31 January 20241 GIP = 39.34 EGP

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

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.

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

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.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

12/08/1987: Introduction of New Egyptian Pound

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

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 pound.

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.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.

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.
GIP EGP January 2024
GIP EGP February 2024
GIP EGP March 2024
GIP EGP April 2024
GIP EGP May 2024
GIP EGP June 2024
GIP EGP July 2024
GIP EGP August 2024
GIP EGP September 2024
GIP EGP October 2024
GIP EGP November 2024
GIP EGP December 2024
GIP EGP January 2025