Historic Maldivian rufiyaa Egyptian Pound

Maldivian rufiyaa egyptian pound history for February 2024. The highest quote for this month is 2.0416 (12/02/2024) and the lowest 2.0382 (13/02/2024). The difference between high and low is 0.17.

MVR EGP average rate for February 2024 is 2.02291, the change between 01/02/2024 and 29/02/2024 is -0.44 %.

01 February 20241 MVR = 2.023 EGP
02 February 20241 MVR = 2.024 EGP
03 February 20241 MVR = 2.001 EGP
04 February 20241 MVR = 2.001 EGP
05 February 20241 MVR = 2.037 EGP
06 February 20241 MVR = 2.024 EGP
07 February 20241 MVR = 2.027 EGP
08 February 20241 MVR = 2.024 EGP
09 February 20241 MVR = 2.031 EGP
12 February 20241 MVR = 2.025 EGP
13 February 20241 MVR = 2.037 EGP
14 February 20241 MVR = 2.038 EGP
15 February 20241 MVR = 2.031 EGP
16 February 20241 MVR = 2.024 EGP
17 February 20241 MVR = 2.001 EGP
18 February 20241 MVR = 2.001 EGP
19 February 20241 MVR = 2.016 EGP
20 February 20241 MVR = 2.025 EGP
21 February 20241 MVR = 2.034 EGP
22 February 20241 MVR = 2.032 EGP
23 February 20241 MVR = 2.031 EGP
24 February 20241 MVR = 2.001 EGP
25 February 20241 MVR = 2.007 EGP
26 February 20241 MVR = 2.031 EGP
27 February 20241 MVR = 2.032 EGP
28 February 20241 MVR = 2.030 EGP
29 February 20241 MVR = 2.032 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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the 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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

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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