Historic Libyan dinar Lebanese pound

Libyan dinar lebanese pound history for August 2023. The highest quote for this month is 3159.44 (01/08/2023) and the lowest 3150.83 (01/08/2023). The difference between high and low is 0.27.

LYD LBP average rate for August 2023 is 3130.965, the change between 01/08/2023 and 31/08/2023 is +1.11 %.

01 August 20231 LYD = 3154.41 LBP
02 August 20231 LYD = 3144.65 LBP
03 August 20231 LYD = 3146.67 LBP
04 August 20231 LYD = 3144.65 LBP
07 August 20231 LYD = 3136.40 LBP
08 August 20231 LYD = 3136.25 LBP
09 August 20231 LYD = 3142.01 LBP
10 August 20231 LYD = 3143.28 LBP
11 August 20231 LYD = 3140.52 LBP
12 August 20231 LYD = 3135.32 LBP
14 August 20231 LYD = 3140.40 LBP
15 August 20231 LYD = 3130.92 LBP
16 August 20231 LYD = 3126.04 LBP
17 August 20231 LYD = 3125.31 LBP
18 August 20231 LYD = 3122.99 LBP
19 August 20231 LYD = 3117.08 LBP
20 August 20231 LYD = 3117.08 LBP
21 August 20231 LYD = 3121.96 LBP
22 August 20231 LYD = 3121.62 LBP
23 August 20231 LYD = 3125.00 LBP
24 August 20231 LYD = 3125.00 LBP
25 August 20231 LYD = 3125.00 LBP
28 August 20231 LYD = 3123.77 LBP
29 August 20231 LYD = 3124.03 LBP
30 August 20231 LYD = 3115.31 LBP
31 August 20231 LYD = 3119.42 LBP

17/10/2019: Protests against economic crisis

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

06/09/2018: Announcement of new dinar notes

The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.

28/07/2014: Recognition of rival governments

The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.

17/02/2011: Start of the Libyan Civil War

The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan dinar.

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.

07/04/1986: US imposes economic sanctions

The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan dinar.

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.

02/03/1978: Establishment of the Central Bank of Libya

The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan dinar.

01/01/1976: Lebanese Civil War

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

08/09/1971: Introduction of the Libyan dinar

The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.

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.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.

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.