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 2023 | 1 USD = 30.88 EGP |
04 August 2023 | 1 USD = 30.93 EGP |
07 August 2023 | 1 USD = 30.76 EGP |
08 August 2023 | 1 USD = 30.87 EGP |
10 August 2023 | 1 USD = 30.87 EGP |
12 August 2023 | 1 USD = 30.85 EGP |
14 August 2023 | 1 USD = 31.01 EGP |
15 August 2023 | 1 USD = 30.86 EGP |
17 August 2023 | 1 USD = 30.87 EGP |
20 August 2023 | 1 USD = 30.90 EGP |
21 August 2023 | 1 USD = 30.73 EGP |
28 August 2023 | 1 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.