The value of the Egyptian pound fell by more than 30% in one day. So everyone who owns that currency had more than 30% of their money ruthlessly stolen. Now think of an old folks who has been saving money for a long time.

The fall in value was due to the IMF (International Monetary Fund) ordering the Central Bank of Egypt to devalue the pound so that other countries could buy Egyptian resources at lower prices (at the expense of the people of course) and thus boost exports. Egypt was forced to obey the IMF's orders because they owe them money, need more loans and new loans always come with new conditions like this.

When you look at the size of the economy of Egyptian pound and calculate 30% of it, it makes it clear that there was way over $100 billion stolen from the holders of Egyptian pound. Quite a robbery some might say!