Historic South Korean Won Egyptian Pound

South Korean Won egyptian pound history for December 2023. The highest quote for this month is 0.023904 (28/12/2023) and the lowest 0.024519 (29/12/2023). The difference between high and low is -2.57.

KRW EGP average rate for December 2023 is 0.02375, the change between 01/12/2023 and 31/12/2023 is -1.53 %.

01 December 20231 KRW = 0.0238 EGP
02 December 20231 KRW = 0.0238 EGP
03 December 20231 KRW = 0.0238 EGP
04 December 20231 KRW = 0.0237 EGP
05 December 20231 KRW = 0.0236 EGP
06 December 20231 KRW = 0.0234 EGP
07 December 20231 KRW = 0.0235 EGP
08 December 20231 KRW = 0.0235 EGP
10 December 20231 KRW = 0.0234 EGP
11 December 20231 KRW = 0.0234 EGP
12 December 20231 KRW = 0.0235 EGP
13 December 20231 KRW = 0.0236 EGP
14 December 20231 KRW = 0.0239 EGP
15 December 20231 KRW = 0.0239 EGP
16 December 20231 KRW = 0.0238 EGP
17 December 20231 KRW = 0.0238 EGP
18 December 20231 KRW = 0.0242 EGP
19 December 20231 KRW = 0.0237 EGP
20 December 20231 KRW = 0.0238 EGP
21 December 20231 KRW = 0.0238 EGP
22 December 20231 KRW = 0.0239 EGP
23 December 20231 KRW = 0.0238 EGP
24 December 20231 KRW = 0.0238 EGP
25 December 20231 KRW = 0.0238 EGP
26 December 20231 KRW = 0.0238 EGP
27 December 20231 KRW = 0.0238 EGP
28 December 20231 KRW = 0.0238 EGP
29 December 20231 KRW = 0.0242 EGP

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

12/08/1987: Introduction of New Egyptian Pound

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

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

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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