Egyptian Pound - data, forecasts, historical chart - was last updated on March of 2020. Historically, the Egyptian Pound reached an all time high of 19.80 in December of 2016. The Egyptian Pound is expected to trade at 15.73 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. The Egyptian pound fell to an all-time low of 9 against the dollar in black market trade on Monday from 8.85 the day before, prompting a rush to buy the US currency, Reuters reports. The fall of the pound comes as import-dependent Egypt faces a foreign currency crisis that has increased the pressure on the government […] At the outbreak of World War I, the Egyptian pound was pegged to the British pound sterling at GB£1 = EG£0.975. Egypt remained part of the Sterling Area until 1962, when Egypt devalued slightly and switched to a peg to the United States dollar, at a rate of EG£1 = US$2.3. This peg was changed to EG£1 = US$2.55555 in 1973 when the dollar was