United States dollar egyptian pound history for March 2024. The highest quote for this month is 50.779 (06/03/2024) and the lowest 49.415 (06/03/2024). The difference between high and low is 2.69.
USD EGP average rate for March 2024 is 40.0408, the change between 01/03/2024 and 31/03/2024 is -58.04 %.
01 March 2024 | 1 USD = 30.87 EGP |
03 March 2024 | 1 USD = 30.93 EGP |
04 March 2024 | 1 USD = 30.86 EGP |
05 March 2024 | 1 USD = 30.88 EGP |
06 March 2024 | 1 USD = 30.87 EGP |
07 March 2024 | 1 USD = 49.53 EGP |
08 March 2024 | 1 USD = 49.32 EGP |
10 March 2024 | 1 USD = 49.15 EGP |
11 March 2024 | 1 USD = 49.23 EGP |
12 March 2024 | 1 USD = 48.78 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.