Historic Arab Emirates Dirham Egyptian Pound

Arab Emirates Dirham egyptian pound history for October 2023. The highest quote for this month is 8.442 (02/10/2023) and the lowest 8.4035 (20/10/2023). The difference between high and low is 0.46.

AED EGP average rate for October 2023 is 8.40187, the change between 01/10/2023 and 31/10/2023 is -0.08 %.

01 October 20231 AED = 8.40 EGP
02 October 20231 AED = 8.44 EGP
03 October 20231 AED = 8.42 EGP
04 October 20231 AED = 8.41 EGP
05 October 20231 AED = 8.38 EGP
06 October 20231 AED = 8.38 EGP
07 October 20231 AED = 8.37 EGP
09 October 20231 AED = 8.37 EGP
10 October 20231 AED = 8.41 EGP
11 October 20231 AED = 8.41 EGP
12 October 20231 AED = 8.41 EGP
13 October 20231 AED = 8.41 EGP
16 October 20231 AED = 8.40 EGP
17 October 20231 AED = 8.41 EGP
18 October 20231 AED = 8.41 EGP
19 October 20231 AED = 8.41 EGP
20 October 20231 AED = 8.41 EGP
21 October 20231 AED = 8.40 EGP
22 October 20231 AED = 8.40 EGP
23 October 20231 AED = 8.41 EGP
24 October 20231 AED = 8.41 EGP
25 October 20231 AED = 8.41 EGP
26 October 20231 AED = 8.40 EGP
27 October 20231 AED = 8.41 EGP
28 October 20231 AED = 8.40 EGP
29 October 20231 AED = 8.40 EGP
30 October 20231 AED = 8.37 EGP
31 October 20231 AED = 8.41 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.
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