Historic Danish Krone Lebanese pound

Danish Krone lebanese pound history for February 2024. The highest quote for this month is 13008.3 (27/02/2024) and the lowest 13041.6 (22/02/2024). The difference between high and low is -0.26.

DKK LBP average rate for February 2024 is 5778.50167, the change between 01/02/2024 and 29/02/2024 is -495.43 %.

01 February 20241 DKK = 2181.60 LBP
02 February 20241 DKK = 2188.17 LBP
03 February 20241 DKK = 2171.65 LBP
04 February 20241 DKK = 2171.76 LBP
05 February 20241 DKK = 2188.38 LBP
06 February 20241 DKK = 2162.16 LBP
07 February 20241 DKK = 2186.56 LBP
08 February 20241 DKK = 2167.41 LBP
09 February 20241 DKK = 2170.08 LBP
12 February 20241 DKK = 2169.68 LBP
13 February 20241 DKK = 2168.04 LBP
14 February 20241 DKK = 2166.16 LBP
15 February 20241 DKK = 2154.97 LBP
16 February 20241 DKK = 2167.90 LBP
19 February 20241 DKK = 2169.33 LBP
20 February 20241 DKK = 2160.59 LBP
21 February 20241 DKK = 12939.10 LBP
22 February 20241 DKK = 12992.10 LBP
23 February 20241 DKK = 12998.00 LBP
25 February 20241 DKK = 13003.10 LBP
26 February 20241 DKK = 12970.60 LBP
27 February 20241 DKK = 13028.60 LBP
28 February 20241 DKK = 13018.30 LBP
29 February 20241 DKK = 12989.80 LBP

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

17/10/2019: Protests against economic crisis

Mass protests erupted in Lebanon due to economic crisis, leading to further depreciation of the Lebanese pound.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

03/11/1997: Revaluation of the Lebanese pound

The Lebanese pound was revalued at a rate of 1,500 LBP = 1 USD, ending the fixed exchange rate with the US dollar.

01/01/1986: Introduction of the parallel exchange market

The parallel exchange market was introduced in Lebanon, leading to a diverging exchange rate between the official and unofficial markets.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

01/01/1976: Lebanese Civil War

The Lebanese Civil War began, causing significant economic instability and devaluation of the Lebanese pound.

01/01/1961: Pegged to the US dollar

The Lebanese pound was pegged to the US dollar at an exchange rate of 1 LBP = 1.5 USD.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

27/11/1941: Devaluation of the Lebanese pound

The Lebanese pound was devalued by 41.9% following the breakup of the French franc.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

01/10/1920: Lebanese pound introduced

The Lebanese pound was introduced at a fixed exchange rate of 1 pound = 20 French francs during the French mandate period.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
DKK LBP August 2023
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DKK LBP February 2024
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