Historic South African rand Egyptian Pound

South African rand egyptian pound history for January 2024. The highest quote for this month is 1.6894 (01/01/2024) and the lowest 1.689 (01/01/2024). The difference between high and low is 0.02.

ZAR EGP average rate for January 2024 is 1.64736, the change between 01/01/2024 and 31/01/2024 is +2.66 %.

01 January 20241 ZAR = 1.691 EGP
02 January 20241 ZAR = 1.694 EGP
03 January 20241 ZAR = 1.665 EGP
04 January 20241 ZAR = 1.655 EGP
05 January 20241 ZAR = 1.646 EGP
06 January 20241 ZAR = 1.647 EGP
07 January 20241 ZAR = 1.647 EGP
08 January 20241 ZAR = 1.638 EGP
09 January 20241 ZAR = 1.663 EGP
10 January 20241 ZAR = 1.656 EGP
11 January 20241 ZAR = 1.657 EGP
12 January 20241 ZAR = 1.656 EGP
14 January 20241 ZAR = 1.658 EGP
15 January 20241 ZAR = 1.660 EGP
16 January 20241 ZAR = 1.658 EGP
17 January 20241 ZAR = 1.628 EGP
18 January 20241 ZAR = 1.618 EGP
19 January 20241 ZAR = 1.631 EGP
22 January 20241 ZAR = 1.618 EGP
23 January 20241 ZAR = 1.609 EGP
24 January 20241 ZAR = 1.632 EGP
25 January 20241 ZAR = 1.635 EGP
26 January 20241 ZAR = 1.635 EGP
28 January 20241 ZAR = 1.647 EGP
29 January 20241 ZAR = 1.645 EGP
30 January 20241 ZAR = 1.644 EGP
31 January 20241 ZAR = 1.646 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.

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

12/08/1987: Introduction of New Egyptian Pound

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

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

14/09/1962: Devaluation of the Pound

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

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.
ZAR EGP January 2024
ZAR EGP February 2024
ZAR EGP March 2024
ZAR EGP April 2024
ZAR EGP May 2024
ZAR EGP June 2024
ZAR EGP July 2024
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ZAR EGP January 2025