Historic Kazakhstani tenge Lebanese pound

Kazakhstani tenge lebanese pound history for January 2024. The highest quote for this month is 33.78 (24/01/2024) and the lowest 33.892 (23/01/2024). The difference between high and low is -0.33.

KZT LBP average rate for January 2024 is 33.3587, the change between 01/01/2024 and 31/01/2024 is -1.91 %.

01 January 20241 KZT = 33.01 LBP
02 January 20241 KZT = 33.01 LBP
03 January 20241 KZT = 33.12 LBP
04 January 20241 KZT = 33.01 LBP
05 January 20241 KZT = 33.20 LBP
06 January 20241 KZT = 33.15 LBP
07 January 20241 KZT = 33.15 LBP
08 January 20241 KZT = 33.26 LBP
09 January 20241 KZT = 33.24 LBP
10 January 20241 KZT = 33.18 LBP
11 January 20241 KZT = 33.23 LBP
12 January 20241 KZT = 33.36 LBP
14 January 20241 KZT = 33.24 LBP
15 January 20241 KZT = 33.39 LBP
16 January 20241 KZT = 33.39 LBP
17 January 20241 KZT = 33.34 LBP
18 January 20241 KZT = 33.29 LBP
19 January 20241 KZT = 33.41 LBP
22 January 20241 KZT = 33.54 LBP
23 January 20241 KZT = 33.72 LBP
24 January 20241 KZT = 33.93 LBP
25 January 20241 KZT = 33.77 LBP
26 January 20241 KZT = 33.65 LBP
28 January 20241 KZT = 33.34 LBP
29 January 20241 KZT = 33.48 LBP
30 January 20241 KZT = 33.66 LBP
31 January 20241 KZT = 33.64 LBP

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

17/10/2019: Protests against economic crisis

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

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

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.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.

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.

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.