Historic United States dollar Egyptian Pound

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 20241 USD = 30.87 EGP
03 March 20241 USD = 30.93 EGP
04 March 20241 USD = 30.86 EGP
05 March 20241 USD = 30.88 EGP
06 March 20241 USD = 30.87 EGP
07 March 20241 USD = 49.53 EGP
08 March 20241 USD = 49.32 EGP
10 March 20241 USD = 49.15 EGP
11 March 20241 USD = 49.23 EGP
12 March 20241 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.