Historic Kazakhstani tenge Lebanese pound

Kazakhstani tenge lebanese pound history for September 2023. The highest quote for this month is 32.966 (04/09/2023) and the lowest 32.966 (01/09/2023). The difference between high and low is 0.

KZT LBP average rate for September 2023 is 32.155, the change between 01/09/2023 and 30/09/2023 is +4.53 %.

01 September 20231 KZT = 32.91 LBP
04 September 20231 KZT = 32.97 LBP
05 September 20231 KZT = 32.90 LBP
06 September 20231 KZT = 32.75 LBP
07 September 20231 KZT = 32.55 LBP
08 September 20231 KZT = 32.47 LBP
11 September 20231 KZT = 32.48 LBP
12 September 20231 KZT = 32.72 LBP
13 September 20231 KZT = 32.58 LBP
14 September 20231 KZT = 32.37 LBP
15 September 20231 KZT = 32.39 LBP
18 September 20231 KZT = 32.22 LBP
19 September 20231 KZT = 31.87 LBP
20 September 20231 KZT = 32.03 LBP
21 September 20231 KZT = 31.84 LBP
22 September 20231 KZT = 31.61 LBP
23 September 20231 KZT = 31.68 LBP
24 September 20231 KZT = 31.68 LBP
25 September 20231 KZT = 31.74 LBP
26 September 20231 KZT = 31.85 LBP
27 September 20231 KZT = 31.47 LBP
28 September 20231 KZT = 31.45 LBP
29 September 20231 KZT = 31.79 LBP
30 September 20231 KZT = 31.42 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.