Historic Arab Emirates Dirham Egyptian Pound

Arab Emirates Dirham egyptian pound history for January 2024. The highest quote for this month is 8.4569 (02/01/2024) and the lowest 8.404 (09/01/2024). The difference between high and low is 0.63.

AED EGP average rate for January 2024 is 8.40279, the change between 01/01/2024 and 31/01/2024 is -0.07 %.

01 January 20241 AED = 8.41 EGP
02 January 20241 AED = 8.44 EGP
03 January 20241 AED = 8.41 EGP
04 January 20241 AED = 8.42 EGP
05 January 20241 AED = 8.38 EGP
06 January 20241 AED = 8.37 EGP
07 January 20241 AED = 8.37 EGP
08 January 20241 AED = 8.33 EGP
09 January 20241 AED = 8.41 EGP
10 January 20241 AED = 8.41 EGP
11 January 20241 AED = 8.41 EGP
12 January 20241 AED = 8.41 EGP
14 January 20241 AED = 8.40 EGP
15 January 20241 AED = 8.41 EGP
16 January 20241 AED = 8.42 EGP
17 January 20241 AED = 8.41 EGP
18 January 20241 AED = 8.41 EGP
19 January 20241 AED = 8.40 EGP
22 January 20241 AED = 8.37 EGP
23 January 20241 AED = 8.41 EGP
24 January 20241 AED = 8.41 EGP
25 January 20241 AED = 8.41 EGP
26 January 20241 AED = 8.41 EGP
28 January 20241 AED = 8.42 EGP
29 January 20241 AED = 8.40 EGP
30 January 20241 AED = 8.41 EGP
31 January 20241 AED = 8.42 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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

12/08/1987: Introduction of New Egyptian Pound

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

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official 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.

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.
AED EGP July 2023
AED EGP August 2023
AED EGP September 2023
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AED EGP December 2023
AED EGP January 2024
AED EGP February 2024
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AED EGP July 2024