Lebanese pound djiboutian franc exchange rate history (LBP DJF) August 2023

Lebanese pound djiboutian franc history for August 2023. The highest quote for this month is 0.011848 (18/08/2023) and the lowest 0.011837 (12/08/2023). The difference between high and low is 0.09.

LBP DJF average rate for August 2023 is 0.01182, the change between 01/08/2023 and 31/08/2023 is -0.08 %.

01 August 2023	1 LBP = 0.0118 DJF
02 August 2023	1 LBP = 0.0118 DJF
03 August 2023	1 LBP = 0.0119 DJF
04 August 2023	1 LBP = 0.0118 DJF
07 August 2023	1 LBP = 0.0116 DJF
08 August 2023	1 LBP = 0.0119 DJF
09 August 2023	1 LBP = 0.0119 DJF
10 August 2023	1 LBP = 0.0119 DJF
11 August 2023	1 LBP = 0.0119 DJF
12 August 2023	1 LBP = 0.0118 DJF
14 August 2023	1 LBP = 0.0116 DJF
15 August 2023	1 LBP = 0.0119 DJF
16 August 2023	1 LBP = 0.0119 DJF
17 August 2023	1 LBP = 0.0118 DJF
18 August 2023	1 LBP = 0.0119 DJF
19 August 2023	1 LBP = 0.0118 DJF
20 August 2023	1 LBP = 0.0118 DJF
21 August 2023	1 LBP = 0.0116 DJF
22 August 2023	1 LBP = 0.0118 DJF
23 August 2023	1 LBP = 0.0118 DJF
24 August 2023	1 LBP = 0.0118 DJF
25 August 2023	1 LBP = 0.0118 DJF
28 August 2023	1 LBP = 0.0116 DJF
29 August 2023	1 LBP = 0.0119 DJF
30 August 2023	1 LBP = 0.0119 DJF
31 August 2023	1 LBP = 0.0118 DJF

04/06/2020: Exchange rate stabilization

Efforts were made to stabilize the exchange rate of the Djiboutian franc to reduce inflation and encourage economic growth.

17/10/2019: Protests against economic crisis

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

01/09/2013: Replacement of coins with bi-metallic coins

Coins of lower denominations of the Djiboutian franc were replaced with bi-metallic coins.

01/01/2002: Introduction of new banknotes

New banknotes of the Djiboutian franc were introduced with enhanced security features.

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.

15/09/1997: Second devaluation

The Djiboutian franc was devalued by 33% as a result of economic instability and high 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.

08/05/1977: First devaluation

The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.

01/01/1976: Lebanese Civil War

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

27/06/1973: Independence from France

Djibouti gained independence from France and the Djiboutian franc became the national currency.

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.

01/01/1949: Introduction of the Djiboutian franc

The Djiboutian franc was introduced as the official currency of French Somaliland, replacing the French franc at a 1:1 exchange rate.

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.

Historic Lebanese pound Djiboutian franc