South African rand egyptian pound exchange rate history (ZAR EGP) November 2023

South African rand egyptian pound history for November 2023. The highest quote for this month is 1.6935 (15/11/2023) and the lowest 1.7002 (16/11/2023). The difference between high and low is -0.4.

ZAR EGP average rate for November 2023 is 1.66503, the change between 01/11/2023 and 30/11/2023 is +0.51 %.

01 November 2023	1 ZAR = 1.659 EGP
02 November 2023	1 ZAR = 1.673 EGP
03 November 2023	1 ZAR = 1.678 EGP
06 November 2023	1 ZAR = 1.671 EGP
07 November 2023	1 ZAR = 1.688 EGP
08 November 2023	1 ZAR = 1.679 EGP
09 November 2023	1 ZAR = 1.670 EGP
10 November 2023	1 ZAR = 1.655 EGP
12 November 2023	1 ZAR = 1.647 EGP
13 November 2023	1 ZAR = 1.641 EGP
14 November 2023	1 ZAR = 1.653 EGP
15 November 2023	1 ZAR = 1.695 EGP
16 November 2023	1 ZAR = 1.699 EGP
17 November 2023	1 ZAR = 1.682 EGP
18 November 2023	1 ZAR = 1.682 EGP
19 November 2023	1 ZAR = 1.680 EGP
20 November 2023	1 ZAR = 1.673 EGP
21 November 2023	1 ZAR = 1.687 EGP
22 November 2023	1 ZAR = 1.659 EGP
23 November 2023	1 ZAR = 1.636 EGP
24 November 2023	1 ZAR = 1.642 EGP
26 November 2023	1 ZAR = 1.639 EGP
27 November 2023	1 ZAR = 1.634 EGP
28 November 2023	1 ZAR = 1.656 EGP
29 November 2023	1 ZAR = 1.663 EGP
30 November 2023	1 ZAR = 1.651 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.

Historic South African rand Egyptian Pound