Historic Icelandic Krona Lebanese pound

Icelandic Krona lebanese pound history for January 2024. The highest quote for this month is 110.86 (01/01/2024) and the lowest 111.04 (24/01/2024). The difference between high and low is -0.16.

ISK LBP average rate for January 2024 is 109.78, the change between 01/01/2024 and 31/01/2024 is +0.72 %.

01 January 20241 ISK = 110.7 LBP
02 January 20241 ISK = 110.8 LBP
03 January 20241 ISK = 109.2 LBP
04 January 20241 ISK = 109.0 LBP
05 January 20241 ISK = 109.4 LBP
08 January 20241 ISK = 108.7 LBP
09 January 20241 ISK = 109.1 LBP
10 January 20241 ISK = 109.3 LBP
11 January 20241 ISK = 110.1 LBP
12 January 20241 ISK = 109.9 LBP
15 January 20241 ISK = 109.8 LBP
16 January 20241 ISK = 110.1 LBP
17 January 20241 ISK = 109.6 LBP
18 January 20241 ISK = 109.5 LBP
19 January 20241 ISK = 109.4 LBP
22 January 20241 ISK = 109.9 LBP
23 January 20241 ISK = 110.1 LBP
24 January 20241 ISK = 110.1 LBP
25 January 20241 ISK = 110.6 LBP
26 January 20241 ISK = 110.1 LBP
29 January 20241 ISK = 109.9 LBP
30 January 20241 ISK = 109.9 LBP
31 January 20241 ISK = 109.9 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.

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

27/11/1941: Devaluation of the Lebanese pound

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

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.

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.
ISK LBP December 2023
ISK LBP January 2024
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