Complex sentence: However, until 201, the float was tightly managed by the Central Bank of Egypt and foreign exchange controls were in effect; the Central Bank of Egypt voted to end the managed-float regime and allowed the pound to float freely on 3 November 2016.
Split into simpler sentences: However, until 2001, the float was tightly managed by the Central Bank of Egypt and foreign exchange controls were in effect. The Central Bank of Egypt voted to end the managed-float regime and allowed the pound to float freely on 3 November 2016.