Historic Pakistani rupee Lebanese pound

Pakistani rupee lebanese pound history for February 2024. The highest quote for this month is 322.98 (28/02/2024) and the lowest 324.78 (29/02/2024). The difference between high and low is -0.56.

PKR LBP average rate for February 2024 is 150.09704, the change between 01/02/2024 and 29/02/2024 is -497.79 %.

01 February 20241 PKR = 53.93 LBP
02 February 20241 PKR = 53.74 LBP
03 February 20241 PKR = 53.63 LBP
04 February 20241 PKR = 53.68 LBP
05 February 20241 PKR = 54.45 LBP
06 February 20241 PKR = 54.42 LBP
07 February 20241 PKR = 54.29 LBP
08 February 20241 PKR = 53.76 LBP
09 February 20241 PKR = 53.79 LBP
12 February 20241 PKR = 54.47 LBP
13 February 20241 PKR = 53.77 LBP
14 February 20241 PKR = 54.06 LBP
15 February 20241 PKR = 53.65 LBP
16 February 20241 PKR = 53.74 LBP
19 February 20241 PKR = 53.98 LBP
20 February 20241 PKR = 54.29 LBP
21 February 20241 PKR = 319.3 LBP
22 February 20241 PKR = 320.8 LBP
23 February 20241 PKR = 320.5 LBP
24 February 20241 PKR = 320.5 LBP
25 February 20241 PKR = 320.5 LBP
26 February 20241 PKR = 321.8 LBP
27 February 20241 PKR = 322.3 LBP
28 February 20241 PKR = 320.7 LBP
29 February 20241 PKR = 322.4 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.

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.