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Exchange rates for the euro in Egypt / EUR 1 = EGP ... (selling)

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  5. EGP Egyptian pound (Egypt)
CSV SDMX-ML 2.0 SDMX-ML 2.1
Time series key BBEX3.M.EGP.EUR.CA.AB.A01
Unit EGP
Dimension one
Timespan from 1999-01 to 2024-03
Last update 05.04.2024 01:03:39 PM
   
General Exchange rates until January 1999, see BBEX3:M:EGP:DEM:CA:AB:A01.
Source National Bank of Egypt, Cairo.
   
Comment on 2023-01 In January, the Egyptian pound depreciated strongly. Calculated using the exchange rates from the end of December 2022 and the end of January 2023, the Egyptian pound depreciated by 19.4% against the euro (calculated on the basis of the middle rates).
Comment on 2022-10 With effect from 27 October 2022, the Central Bank of Egypt adopted a more flexible exchange rate regime. We recorded the following exchange rates (buying/selling): 26 October 2022: EUR 1 = EGP 19.5598 / 19.8227 27 October 2022: EUR 1 = EGP 22.8203 / 23.1634. Calculated using these exchange rates, the Egyptian pound experienced a devaluation of 14.4% against the euro (calculated on the basis of the middle rates).
Comment on 2022-03 On 21 March 2022, the Central Bank of Egypt devalued the Egyptian pound and published the following official exchange rates (buying/selling) before as well as after this measure: 20 March 2022: EUR 1 = EGP 17.2993 / 17.4496 21 March 2022: EUR 1 = EGP 20.0306 / 20.1885. Calculated using these rates, the Egyptian pound depreciated by 13.6% against the euro.
Comment on 2016-11 On 3 November 2016, the de facto peg of the Egyptian pound to the US dollar was abandoned. We recorded the following exchange rates (buying/selling) from the Central Bank of Egypt: 2 November 2016: EUR 1 = EGP 9.8274 / 9.8524 3 November 2016: EUR 1 = EGP 15.0076 / 15.8389. Calculated using these exchange rates, the Egyptian pound experienced a devalution of 36.2% against the euro (on average).
Comment on 2016-03 On March 14, 2016, the Central Bank of Egypt decided to adopt a more flexible exchange rate regime. After this decision, we recorded the following exchange rates (buying rate/selling rate): 15 March 2016: EUR 1 = EGP 9.8881 / 9.9560. Calculated using the exchange rates at the end of February and the above-mentioned rates, the Egyptian pound experienced a devaluation of 13.9% against the euro (on average).
Comment on 2003-01 Exchange rate floated as from 29 January 2003.
Comment on 1999-01 Euro exchange rates are available from 28 February 1999 onwards; the comparative rate was calculated using D-Mark exchange rates in conjunction with the euro exchange rate of EUR 1 = DEM 1.95583.
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