Aswan Dam insignificant compared to what is needed to reach the yields achieved today in Egypt's irrigation. Also, the annual spread of sediment due to the Nile floods occurred along the banks of the Nile. Areas far from the river which never received the Nile floods before are now being irrigated. A more serious issue of trapping of sediment by the dam is that it has increased coastline erosion surrounding the Nile Delta. The coastline erodes an estimated per year. Before the construction of the High Dam, groundwater levels in the Nile Valley fluctuated 8–9 m per year with the water level
Aswan Dam exchange rate in 1970 of $2.30 per E£1): £140 million from agricultural production, £100 million from hydroelectric generation, £10 million from flood protection, and £5 million from improved navigation. At the time of its construction, total cost, including unspecified "subsidiary projects" and the extension of electric power lines, amounted to £450 million. Not taking into account the negative environmental and social effects of the dam, its costs are thus estimated to have been recovered within only two years. One observer notes: "The impacts of the Aswan High Dam (...) have been overwhelmingly positive. Although the Dam has contributed to some