Lebanese pound hong kong dollar exchange rate history (LBP HKD) December 2023

Lebanese pound hong kong dollar history for December 2023. The highest quote for this month is 0.000521 (01/12/2023) and the lowest 0.000526 (14/12/2023). The difference between high and low is -0.96.

LBP HKD average rate for December 2023 is 0.00052, the change between 01/12/2023 and 31/12/2023 is +0.58 %.

01 December 2023	1 LBP = 0.0005 HKD
02 December 2023	1 LBP = 0.0005 HKD
03 December 2023	1 LBP = 0.0005 HKD
04 December 2023	1 LBP = 0.0005 HKD
05 December 2023	1 LBP = 0.0005 HKD
06 December 2023	1 LBP = 0.0005 HKD
07 December 2023	1 LBP = 0.0005 HKD
08 December 2023	1 LBP = 0.0005 HKD
10 December 2023	1 LBP = 0.0005 HKD
11 December 2023	1 LBP = 0.0005 HKD
12 December 2023	1 LBP = 0.0005 HKD
13 December 2023	1 LBP = 0.0005 HKD
14 December 2023	1 LBP = 0.0005 HKD
15 December 2023	1 LBP = 0.0005 HKD
16 December 2023	1 LBP = 0.0005 HKD
17 December 2023	1 LBP = 0.0005 HKD
18 December 2023	1 LBP = 0.0005 HKD
19 December 2023	1 LBP = 0.0005 HKD
20 December 2023	1 LBP = 0.0005 HKD
21 December 2023	1 LBP = 0.0005 HKD
22 December 2023	1 LBP = 0.0005 HKD
23 December 2023	1 LBP = 0.0005 HKD
24 December 2023	1 LBP = 0.0005 HKD
25 December 2023	1 LBP = 0.0005 HKD
26 December 2023	1 LBP = 0.0005 HKD
27 December 2023	1 LBP = 0.0005 HKD
28 December 2023	1 LBP = 0.0005 HKD
29 December 2023	1 LBP = 0.0005 HKD

17/10/2019: Protests against economic crisis

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

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

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.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

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.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

01/01/1976: Lebanese Civil War

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

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

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.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.

Historic Lebanese pound Hong Kong dollar