Historic Lebanese pound Macanese pataca

Lebanese pound macanese pataca history for November 2023. The highest quote for this month is 0.000536 (12/11/2023) and the lowest 0.000536 (12/11/2023). The difference between high and low is 0.

LBP MOP average rate for November 2023 is 0.00053, the change between 01/11/2023 and 30/11/2023 is +0.57 %.

01 November 20231 LBP = 0.0005 MOP
02 November 20231 LBP = 0.0005 MOP
03 November 20231 LBP = 0.0005 MOP
06 November 20231 LBP = 0.0005 MOP
07 November 20231 LBP = 0.0005 MOP
08 November 20231 LBP = 0.0005 MOP
09 November 20231 LBP = 0.0005 MOP
10 November 20231 LBP = 0.0005 MOP
12 November 20231 LBP = 0.0005 MOP
13 November 20231 LBP = 0.0005 MOP
14 November 20231 LBP = 0.0005 MOP
15 November 20231 LBP = 0.0005 MOP
16 November 20231 LBP = 0.0005 MOP
17 November 20231 LBP = 0.0005 MOP
18 November 20231 LBP = 0.0005 MOP
19 November 20231 LBP = 0.0005 MOP
20 November 20231 LBP = 0.0005 MOP
21 November 20231 LBP = 0.0005 MOP
22 November 20231 LBP = 0.0005 MOP
23 November 20231 LBP = 0.0005 MOP
24 November 20231 LBP = 0.0005 MOP
26 November 20231 LBP = 0.0005 MOP
27 November 20231 LBP = 0.0005 MOP
28 November 20231 LBP = 0.0005 MOP
29 November 20231 LBP = 0.0005 MOP
30 November 20231 LBP = 0.0005 MOP

20/12/2019: Macao–Hong Kong Financial Cooperation Agreement signed

The Macau and Hong Kong authorities signed a financial cooperation agreement to strengthen monetary and financial stability, impacting the value and role of the Macanese pataca.

17/10/2019: Protests against economic crisis

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

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.

08/05/1995: Currency board system implemented

Macau adopted a currency board system, establishing a fixed exchange rate between the Macanese pataca and the Hong Kong 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.

20/10/1977: Internationalization of the pataca

Macau allowed the international use and exchange of the Macanese pataca, strengthening its role as a stable and convertible currency.

01/01/1976: Lebanese Civil War

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

08/06/1967: Link with Portuguese escudo reestablished

The Macanese pataca was once again pegged to the Portuguese escudo, ending the gold standard era.

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.

18/06/1948: Gold standard introduced

The Macanese pataca switched to the gold standard, with its value pegged to gold coins. The gold standard lasted until 1967.

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.

17/03/1906: Silver standard established

Macau adopted the silver standard for the pataca, linking its value to silver coins in circulation. This standard remained in place until 1948.

27/10/1901: Introduction of Macanese pataca

The Macanese pataca was first introduced as the official currency of Macau, replacing the Portuguese real. It was initially pegged to the Portuguese escudo.
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