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1600 Egyptian pound to Nigerian naira Exchange Rate History - XTransfer

1600 Egyptian pound to Nigerian naira Historical Exchange Rates

Welcome to the EGP to NGN exchange rate history page. This page contains detailed daily historical exchange rates between EGP and NGN from 2025-3-8 to 2026-04-04, making it easy to look up and reference.

Amount
Result

1 EGP = 25.6302 NGN

13:30 Exchange Rate

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1 Egyptian pound to Nigerian naira Historical Exchange Rate Trends

1 EGP = -- NGN

13:30 Exchange Rate

EGP - NGN+0%
7D
1M
3M
Invalid DateInvalid Date

1 Egyptian pound to Nigerian naira Data Statistics

This section organizes the historical exchange rate data of 1 EGP to NGN, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
25.6302
26.6255
27.7102
31.501
Low
25.6302
25.4024
25.4024
25.4024
Average
25.6302
26.2121
26.4875
28.9317

Past 7 days historical exchange rates

Below are the daily average exchange rates of EGP to NGN for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of NGN to EGP, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

EGP to NGN - Last 7 Days

EGPEGPNGNNGN
2026-04-04
25.6302
EGPEGPNGNNGN
2026-04-03
25.4024
EGPEGPNGNNGN
2026-04-02
25.8417
EGPEGPNGNNGN
2026-04-01
25.6369
EGPEGPNGNNGN
2026-03-31
25.6746
EGPEGPNGNNGN
2026-03-30
26.4326
EGPEGPNGNNGN
2026-03-29
26.4326

NGN to EGP - Last 7 Days

NGNNGNEGPEGP
2026-04-04
0.039
NGNNGNEGPEGP
2026-04-03
0.0394
NGNNGNEGPEGP
2026-04-02
0.0387
NGNNGNEGPEGP
2026-04-01
0.039
NGNNGNEGPEGP
2026-03-31
0.0389
NGNNGNEGPEGP
2026-03-30
0.0378
NGNNGNEGPEGP
2026-03-29
0.0378

EGPEGP - Egyptian Pound

The Egyptian pound has been in circulation since 1834 and is one of the oldest currencies in Africa. The design of the Egyptian pound combines ancient Egyptian civilization with modern elements. As an important trade currency in the Middle East and North Africa, the Egyptian pound plays a vital role in the regional economy.

  • Supporting unit:1 pound = 100 piastres
  • Denomination of banknotes:5, 10, 20, 50, 100, 200 EGP
  • Reserve currency:No, it is primarily used for domestic circulation.
  • Banknote material:Pulp with anti-counterfeiting labels.
  • Metal composition:Copper-nickel alloy, stainless steel
  • Currency symbol:£ or E£
  • Paper currency size:Available in multiple sizes, with a maximum length of approximately 165mm.
  • language:en
  • Main unit:1 pound
  • ISO code:EGP
  • Currency name:Egyptian Pound
  • Exchange Rate System:The managed floating exchange rate system allows the Central Bank of Egypt to regulate the exchange rate.
  • Central Bank:Central Bank of Egypt
  • Safe-haven currency:No, the exchange rate is greatly influenced by the economy.
  • Coin denomination:5, 10, 20, 25 piastres, 1 pound
  • Countries of Use:The official currency of Egypt.
  • Cross-border payment:The SWIFT system supports international transactions, while the use of the Egyptian pound for cross-border transactions is restricted; the US dollar and euro are the primary settlement currencies.

NGNNGN - Nigerian Naira

The naira was introduced in 1973 as a replacement for the Nigerian pound. The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.

  • Supporting unit:1 Naira = 100 Kobo
  • Denomination of banknotes:5, 10, 20, 50, 100, 200, 500, 1000 Naira
  • Reserve currency:No, the primary reserves consist of foreign currencies such as USD, EUR, and RMB.
  • Banknote material:Most are paper-based, while some small denominations are made of polymer.
  • Metal composition:Nickel-plated steel core, copper alloy, aluminum alloy, etc.
  • Currency symbol:
  • Paper currency size:For example, 1000 Naira is approximately 151mm × 78mm.
  • language:en
  • Main unit:Naira
  • ISO code:NGN
  • Currency name:Nigerian Naira
  • Exchange Rate System:Regulated floating exchange rate system
  • Central Bank:Central Bank of Nigeria
  • Safe-haven currency:No, there are significant fluctuations in exchange rates and strong capital controls.
  • Coin denomination:50 Cobos, 1, 2 Naira (seldom used).
  • Countries of Use:Nigeria is the only country where it is used officially.
  • Cross-border payment:Naira is not freely convertible in the international market and is primarily settled through the SWIFT network and banking intermediaries. Cross-border payments often use the US dollar or euro as intermediary currencies, which limits efficiency.

FAQ

Based on the historical patterns of Egyptian pound to Nigerian naira, is now a good time to exchange?

To judge the timing for exchanging Egyptian pound to Nigerian naira, one must compare current rates with the average over the past year or even five years. If the current Egyptian pound rate is well above the historical average, it usually means EGP is in a strong period, making it a good window for settlement into NGN. Conversely, if Egyptian pound is at a historical low, it is recommended for exporters to hold EGP in batches and avoid the troughs to minimize losses when converting to NGN.

What are the main reasons affecting the historical volatility of EGP to NGN recently?

The core factor affecting the historical volatility of Egyptian pound to Nigerian naira recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of EGP tends to increase, leading to a significant rise in its historical exchange rate against NGN. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for EGP, thereby intensifying the frequency of two-way volatility between Egyptian pound and Nigerian naira.

Has EGP experienced a sharp plunge against NGN before? How can I protect myself?

Historically, Egyptian pound against Nigerian naira has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Egyptian pound exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of EGP to NGN within an acceptable trade cost range.

Is the current exchange rate of Egyptian pound to Nigerian naira considered a historical high or low?

To evaluate the current level of EGP to NGN, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Egyptian pound is approaching a historical resistance level. If the current EGP price has broken through highs from years ago, it indicates that EGP is at an extreme high; exchanging Egyptian pound to Nigerian naira now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Egyptian pound to Nigerian naira?

AI predictions for EGP to NGN are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of EGP through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Egyptian pound to Nigerian naira should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.