Historic Lebanese pound Malaysian ringgit

Lebanese pound malaysian ringgit history for February 2024. The highest quote for this month is 0.000319 (09/02/2024) and the lowest 0.00032 (20/02/2024). The difference between high and low is -0.31.

LBP MYR average rate for February 2024 is 0.00022, the change between 01/02/2024 and 29/02/2024 is +83.12 %.

01 February 20241 LBP = 0.0003 MYR
02 February 20241 LBP = 0.0003 MYR
03 February 20241 LBP = 0.0003 MYR
04 February 20241 LBP = 0.0003 MYR
05 February 20241 LBP = 0.0003 MYR
06 February 20241 LBP = 0.0003 MYR
07 February 20241 LBP = 0.0003 MYR
08 February 20241 LBP = 0.0003 MYR
09 February 20241 LBP = 0.0003 MYR
12 February 20241 LBP = 0.0003 MYR
13 February 20241 LBP = 0.0003 MYR
14 February 20241 LBP = 0.0003 MYR
15 February 20241 LBP = 0.0003 MYR
16 February 20241 LBP = 0.0003 MYR
19 February 20241 LBP = 0.0003 MYR
20 February 20241 LBP = 0.0003 MYR
21 February 20241 LBP = 0.0001 MYR
22 February 20241 LBP = 0.0001 MYR
23 February 20241 LBP = 0.0001 MYR
24 February 20241 LBP = 0.0001 MYR
25 February 20241 LBP = 0.0001 MYR
26 February 20241 LBP = 0.0001 MYR
27 February 20241 LBP = 0.0001 MYR
28 February 20241 LBP = 0.0001 MYR
29 February 20241 LBP = 0.0001 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.
LBP MYR December 2023
LBP MYR January 2024
LBP MYR February 2024
LBP MYR March 2024
LBP MYR April 2024
LBP MYR May 2024
LBP MYR June 2024
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LBP MYR August 2024
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LBP MYR October 2024
LBP MYR November 2024
LBP MYR December 2024