Historic Lebanese pound Pakistani rupee

Lebanese pound pakistani rupee history for December 2023. The highest quote for this month is 0.018985 (02/12/2023) and the lowest 0.018985 (02/12/2023). The difference between high and low is 0.

LBP PKR average rate for December 2023 is 0.01881, the change between 01/12/2023 and 31/12/2023 is +1.21 %.

01 December 20231 LBP = 0.0189 PKR
02 December 20231 LBP = 0.0190 PKR
03 December 20231 LBP = 0.0190 PKR
04 December 20231 LBP = 0.0187 PKR
05 December 20231 LBP = 0.0189 PKR
06 December 20231 LBP = 0.0190 PKR
07 December 20231 LBP = 0.0189 PKR
08 December 20231 LBP = 0.0190 PKR
10 December 20231 LBP = 0.0189 PKR
11 December 20231 LBP = 0.0188 PKR
12 December 20231 LBP = 0.0189 PKR
13 December 20231 LBP = 0.0188 PKR
14 December 20231 LBP = 0.0189 PKR
15 December 20231 LBP = 0.0189 PKR
16 December 20231 LBP = 0.0189 PKR
17 December 20231 LBP = 0.0189 PKR
18 December 20231 LBP = 0.0186 PKR
19 December 20231 LBP = 0.0186 PKR
20 December 20231 LBP = 0.0189 PKR
21 December 20231 LBP = 0.0188 PKR
22 December 20231 LBP = 0.0188 PKR
23 December 20231 LBP = 0.0189 PKR
24 December 20231 LBP = 0.0188 PKR
25 December 20231 LBP = 0.0185 PKR
26 December 20231 LBP = 0.0185 PKR
27 December 20231 LBP = 0.0188 PKR
28 December 20231 LBP = 0.0188 PKR
29 December 20231 LBP = 0.0187 PKR

17/10/2019: Protests against economic crisis

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

16/07/2019: IMF Bailout Package

Pakistan reached an agreement with the IMF for a three-year, $6 billion bailout package to address its balance of payments crisis, affecting the value of the Pakistani rupee.

11/12/2013: IMF Loan Program

Pakistan signed a loan agreement with the International Monetary Fund (IMF) to stabilize its economy, resulting in devaluation of the Pakistani rupee.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

28/05/1999: Introduction of State Bank of Pakistan

The State Bank of Pakistan was given full autonomous control over the monetary policy, which had a significant impact on the value of the Pakistani rupee.

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.

01/01/1976: Lebanese Civil War

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

16/12/1971: Separation of East Pakistan

Following the separation of East Pakistan and the formation of Bangladesh, the Pakistani rupee underwent a major devaluation.

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.

01/07/1955: Replacement of Indian Rupee

The Pakistani rupee replaced the Indian rupee as the official currency of Pakistan after the two countries separated.

17/08/1947: Independence of Pakistan

The Pakistani rupee was introduced as the official currency of Pakistan after the country gained independence from British rule.

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.