Historic Guinean franc Lebanese pound

Guinean franc lebanese pound history for October 2023. The highest quote for this month is 1.7967 (31/10/2023) and the lowest 1.7695 (01/10/2023). The difference between high and low is 1.51.

GNF LBP average rate for October 2023 is 1.75998, the change between 01/10/2023 and 31/10/2023 is +0.85 %.

01 October 20231 GNF = 1.770 LBP
02 October 20231 GNF = 1.764 LBP
03 October 20231 GNF = 1.753 LBP
04 October 20231 GNF = 1.755 LBP
05 October 20231 GNF = 1.753 LBP
06 October 20231 GNF = 1.763 LBP
07 October 20231 GNF = 1.767 LBP
09 October 20231 GNF = 1.764 LBP
10 October 20231 GNF = 1.764 LBP
11 October 20231 GNF = 1.753 LBP
12 October 20231 GNF = 1.751 LBP
13 October 20231 GNF = 1.753 LBP
16 October 20231 GNF = 1.763 LBP
17 October 20231 GNF = 1.755 LBP
18 October 20231 GNF = 1.753 LBP
19 October 20231 GNF = 1.763 LBP
20 October 20231 GNF = 1.753 LBP
21 October 20231 GNF = 1.768 LBP
22 October 20231 GNF = 1.769 LBP
23 October 20231 GNF = 1.763 LBP
24 October 20231 GNF = 1.755 LBP
25 October 20231 GNF = 1.768 LBP
26 October 20231 GNF = 1.755 LBP
27 October 20231 GNF = 1.755 LBP
28 October 20231 GNF = 1.767 LBP
29 October 20231 GNF = 1.765 LBP
30 October 20231 GNF = 1.762 LBP
31 October 20231 GNF = 1.754 LBP

17/10/2019: Protests against economic crisis

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

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

01/01/1976: Lebanese Civil War

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

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

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.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.

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.