17/10/2019: Protests against economic crisis
Mass protests erupted in Lebanon due to economic crisis, leading to further depreciation of the Lebanese pound.
18/07/2016: New Polymer Banknotes Issued
The Falkland Islands government introduces new polymer banknotes to replace the older paper versions, enhancing the durability and security of their currency.
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.
14/06/1983: Pegging to the Pound Sterling
The Falkland Islands pound (FKP) is officially pegged to the British pound sterling (GBP) at a 1:1 ratio, ensuring a stable exchange rate.
01/01/1976: Lebanese Civil War
The Lebanese Civil War began, causing significant economic instability and devaluation of the Lebanese pound.
14/05/1971: New Decimalized Currency Introduced
The Falkland Islands pound (FKP) is decimalized, with the introduction of a new currency system based on the decimal system.
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.
27/11/1941: Devaluation of the Lebanese pound
The Lebanese pound was devalued by 41.9% following the breakup of the French franc.
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.
28/04/1899: Currency Board Established
The Falkland Islands Currency Board is established, introducing the first Falkland Islands pound (FKP) as the official currency.
02/01/1833: Argentina Removed from Islands
British forces remove Argentine authorities from the Falkland Islands, solidifying British control over the territory.
03/01/1829: First British Colony Declared
British Captain Onslow declares the Falkland Islands a British colony, leading to the establishment of a formal British presence in the region.
02/01/1764: First British Settlement
British Captain Byron claims the Falkland Islands for Britain, establishing the first permanent British settlement in the region.