Historic Lebanese pound Gambian dalasi

11/01/2021: New polymer banknotes

Polymer banknotes are introduced in The Gambia for the first time, replacing the previous paper banknotes to enhance durability and security.

17/10/2019: Protests against economic crisis

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

06/08/2019: New family of banknotes

The Central Bank of The Gambia introduces a new family of Gambian dalasi banknotes with improved 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.

16/06/1997: Introduction of the 25 dalasis note

A new 25-dalasis banknote is introduced, featuring the portrait of President Jammeh, to commemorate 25 years of his rule.

22/07/1996: Change of banknotes and coins

New banknotes and coins featuring the portrait of President Jammeh are introduced, replacing the previous designs.

02/07/1987: Currency redenomination

The Gambian dalasi undergoes a redenomination, with 1 old dalasi being replaced by 10 new dalasis.

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.

01/07/1977: Conversion to decimal currency

The Gambian dalasi is decimalized, with 1 dalasi being divided into 100 bututs.

01/01/1976: Lebanese Civil War

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

27/07/1971: Introduction of the Gambian dalasi

The Gambian dalasi currency is introduced to replace the Gambian pound as the official currency of The Gambia.

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.