Historic Lebanese pound Argentine peso

Lebanese pound argentine peso history for January 2024. The highest quote for this month is 0.05506 (31/01/2024) and the lowest 0.055159 (31/01/2024). The difference between high and low is -0.18.

LBP ARS average rate for January 2024 is 0.05448, the change between 01/01/2024 and 31/01/2024 is -2.01 %.

01 January 20241 LBP = 0.0540 ARS
02 January 20241 LBP = 0.0539 ARS
03 January 20241 LBP = 0.0540 ARS
04 January 20241 LBP = 0.0540 ARS
05 January 20241 LBP = 0.0541 ARS
06 January 20241 LBP = 0.0541 ARS
07 January 20241 LBP = 0.0541 ARS
08 January 20241 LBP = 0.0542 ARS
09 January 20241 LBP = 0.0543 ARS
10 January 20241 LBP = 0.0543 ARS
11 January 20241 LBP = 0.0543 ARS
12 January 20241 LBP = 0.0544 ARS
14 January 20241 LBP = 0.0544 ARS
15 January 20241 LBP = 0.0545 ARS
16 January 20241 LBP = 0.0546 ARS
17 January 20241 LBP = 0.0545 ARS
18 January 20241 LBP = 0.0546 ARS
19 January 20241 LBP = 0.0546 ARS
22 January 20241 LBP = 0.0547 ARS
23 January 20241 LBP = 0.0548 ARS
24 January 20241 LBP = 0.0548 ARS
25 January 20241 LBP = 0.0548 ARS
26 January 20241 LBP = 0.0549 ARS
28 January 20241 LBP = 0.0549 ARS
29 January 20241 LBP = 0.0550 ARS
30 January 20241 LBP = 0.0549 ARS
31 January 20241 LBP = 0.0551 ARS

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

17/10/2019: Protests against economic crisis

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

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

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.

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

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.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.

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.