Lebanese pound malaysian ringgit exchange rate history (LBP MYR) December 2023

Lebanese pound malaysian ringgit history for December 2023. The highest quote for this month is 0.000314 (13/12/2023) and the lowest 0.000314 (14/12/2023). The difference between high and low is 0.

LBP MYR average rate for December 2023 is 0.00031, the change between 01/12/2023 and 31/12/2023 is +1.61 %.

01 December 2023	1 LBP = 0.0003 MYR
02 December 2023	1 LBP = 0.0003 MYR
03 December 2023	1 LBP = 0.0003 MYR
04 December 2023	1 LBP = 0.0003 MYR
05 December 2023	1 LBP = 0.0003 MYR
06 December 2023	1 LBP = 0.0003 MYR
07 December 2023	1 LBP = 0.0003 MYR
08 December 2023	1 LBP = 0.0003 MYR
10 December 2023	1 LBP = 0.0003 MYR
11 December 2023	1 LBP = 0.0003 MYR
12 December 2023	1 LBP = 0.0003 MYR
13 December 2023	1 LBP = 0.0003 MYR
14 December 2023	1 LBP = 0.0003 MYR
15 December 2023	1 LBP = 0.0003 MYR
16 December 2023	1 LBP = 0.0003 MYR
17 December 2023	1 LBP = 0.0003 MYR
18 December 2023	1 LBP = 0.0003 MYR
19 December 2023	1 LBP = 0.0003 MYR
20 December 2023	1 LBP = 0.0003 MYR
21 December 2023	1 LBP = 0.0003 MYR
22 December 2023	1 LBP = 0.0003 MYR
23 December 2023	1 LBP = 0.0003 MYR
24 December 2023	1 LBP = 0.0003 MYR
25 December 2023	1 LBP = 0.0003 MYR
26 December 2023	1 LBP = 0.0003 MYR
27 December 2023	1 LBP = 0.0003 MYR
28 December 2023	1 LBP = 0.0003 MYR
29 December 2023	1 LBP = 0.0003 MYR

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

17/10/2019: Protests against economic crisis

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

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

01/01/1976: Lebanese Civil War

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

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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.

Historic Lebanese pound Malaysian ringgit