Lebanese pound south korean won exchange rate history (LBP KRW) November 2023

Lebanese pound south korean won history for November 2023. The highest quote for this month is 0.09071 (01/11/2023) and the lowest 0.089946 (01/11/2023). The difference between high and low is 0.84.

LBP KRW average rate for November 2023 is 0.08714, the change between 01/11/2023 and 30/11/2023 is +4.8 %.

01 November 2023	1 LBP = 0.0900 KRW
02 November 2023	1 LBP = 0.0898 KRW
03 November 2023	1 LBP = 0.0891 KRW
06 November 2023	1 LBP = 0.0880 KRW
07 November 2023	1 LBP = 0.0865 KRW
08 November 2023	1 LBP = 0.0869 KRW
09 November 2023	1 LBP = 0.0873 KRW
10 November 2023	1 LBP = 0.0877 KRW
12 November 2023	1 LBP = 0.0878 KRW
13 November 2023	1 LBP = 0.0883 KRW
14 November 2023	1 LBP = 0.0879 KRW
15 November 2023	1 LBP = 0.0869 KRW
16 November 2023	1 LBP = 0.0868 KRW
17 November 2023	1 LBP = 0.0862 KRW
18 November 2023	1 LBP = 0.0863 KRW
19 November 2023	1 LBP = 0.0863 KRW
20 November 2023	1 LBP = 0.0868 KRW
21 November 2023	1 LBP = 0.0858 KRW
22 November 2023	1 LBP = 0.0863 KRW
23 November 2023	1 LBP = 0.0867 KRW
24 November 2023	1 LBP = 0.0867 KRW
26 November 2023	1 LBP = 0.0869 KRW
27 November 2023	1 LBP = 0.0863 KRW
28 November 2023	1 LBP = 0.0868 KRW
29 November 2023	1 LBP = 0.0858 KRW
30 November 2023	1 LBP = 0.0857 KRW

17/10/2019: Protests against economic crisis

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

01/01/1986: 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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

01/01/1976: Lebanese Civil War

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

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

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.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

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 South Korean Won