Historic Lebanese pound Guinean franc

Lebanese pound guinean franc history for August 2023. The highest quote for this month is 0.57033 (18/08/2023) and the lowest 0.57074 (18/08/2023). The difference between high and low is -0.07.

LBP GNF average rate for August 2023 is 0.5687, the change between 01/08/2023 and 31/08/2023 is +0.44 %.

01 August 20231 LBP = 0.5698 GNF
02 August 20231 LBP = 0.5703 GNF
03 August 20231 LBP = 0.5689 GNF
04 August 20231 LBP = 0.5703 GNF
07 August 20231 LBP = 0.5689 GNF
08 August 20231 LBP = 0.5689 GNF
09 August 20231 LBP = 0.5689 GNF
10 August 20231 LBP = 0.5689 GNF
11 August 20231 LBP = 0.5687 GNF
12 August 20231 LBP = 0.5664 GNF
14 August 20231 LBP = 0.5686 GNF
15 August 20231 LBP = 0.5701 GNF
16 August 20231 LBP = 0.5701 GNF
17 August 20231 LBP = 0.5699 GNF
18 August 20231 LBP = 0.5707 GNF
19 August 20231 LBP = 0.5659 GNF
20 August 20231 LBP = 0.5659 GNF
21 August 20231 LBP = 0.5683 GNF
22 August 20231 LBP = 0.5694 GNF
23 August 20231 LBP = 0.5703 GNF
24 August 20231 LBP = 0.5703 GNF
25 August 20231 LBP = 0.5650 GNF
28 August 20231 LBP = 0.5681 GNF
29 August 20231 LBP = 0.5680 GNF
30 August 20231 LBP = 0.5680 GNF
31 August 20231 LBP = 0.5673 GNF

17/10/2019: Protests against economic crisis

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

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

01/01/1976: Lebanese Civil War

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

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

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.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.

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.