Historic United States dollar Egyptian Pound

United States dollar egyptian pound history for August 2023. The highest quote for this month is 31.052 (14/08/2023) and the lowest 30.85 (12/08/2023). The difference between high and low is 0.65.

USD EGP average rate for August 2023 is 30.86833, the change between 01/08/2023 and 31/08/2023 is -0.02 %.

01 August 20231 USD = 30.88 EGP
04 August 20231 USD = 30.93 EGP
07 August 20231 USD = 30.76 EGP
08 August 20231 USD = 30.87 EGP
10 August 20231 USD = 30.87 EGP
12 August 20231 USD = 30.85 EGP
14 August 20231 USD = 31.01 EGP
15 August 20231 USD = 30.86 EGP
17 August 20231 USD = 30.87 EGP
20 August 20231 USD = 30.90 EGP
21 August 20231 USD = 30.73 EGP
28 August 20231 USD = 30.89 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.

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.

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.