Historic Maldivian rufiyaa Lebanese pound

Maldivian rufiyaa lebanese pound history for February 2024. The highest quote for this month is 5897.29 (23/02/2024) and the lowest 5888.33 (28/02/2024). The difference between high and low is 0.15.

MVR LBP average rate for February 2024 is 2741.542, the change between 01/02/2024 and 29/02/2024 is -495.37 %.

01 February 20241 MVR = 986.4 LBP
02 February 20241 MVR = 983.5 LBP
03 February 20241 MVR = 972.8 LBP
04 February 20241 MVR = 972.8 LBP
05 February 20241 MVR = 992.2 LBP
06 February 20241 MVR = 984.3 LBP
07 February 20241 MVR = 995.5 LBP
08 February 20241 MVR = 983.6 LBP
09 February 20241 MVR = 987.5 LBP
12 February 20241 MVR = 988.7 LBP
13 February 20241 MVR = 990.2 LBP
14 February 20241 MVR = 995.2 LBP
15 February 20241 MVR = 984.7 LBP
16 February 20241 MVR = 983.6 LBP
19 February 20241 MVR = 983.2 LBP
20 February 20241 MVR = 980.1 LBP
21 February 20241 MVR = 5869.42 LBP
22 February 20241 MVR = 5888.23 LBP
23 February 20241 MVR = 5888.16 LBP
24 February 20241 MVR = 5804.15 LBP
25 February 20241 MVR = 5804.15 LBP
26 February 20241 MVR = 5878.69 LBP
27 February 20241 MVR = 5884.29 LBP
28 February 20241 MVR = 5884.29 LBP
29 February 20241 MVR = 5872.98 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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

01/01/1976: Lebanese Civil War

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

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

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.
MVR LBP August 2023
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