Historic Australian dollar Lebanese pound

Australian dollar lebanese pound history for August 2023. The highest quote for this month is 9934.29 (01/08/2023) and the lowest 10071.1 (01/08/2023). The difference between high and low is -1.38.

AUD LBP average rate for August 2023 is 9728.952, the change between 01/08/2023 and 31/08/2023 is +3.62 %.

01 August 20231 AUD = 10085.30 LBP
02 August 20231 AUD = 9926.41 LBP
03 August 20231 AUD = 9815.04 LBP
04 August 20231 AUD = 9841.81 LBP
07 August 20231 AUD = 9780.12 LBP
08 August 20231 AUD = 9835.87 LBP
09 August 20231 AUD = 9777.37 LBP
10 August 20231 AUD = 9789.20 LBP
11 August 20231 AUD = 9751.71 LBP
12 August 20231 AUD = 9751.66 LBP
14 August 20231 AUD = 9763.09 LBP
15 August 20231 AUD = 9730.73 LBP
16 August 20231 AUD = 9690.09 LBP
17 August 20231 AUD = 9623.00 LBP
18 August 20231 AUD = 9604.16 LBP
20 August 20231 AUD = 9609.22 LBP
21 August 20231 AUD = 9579.73 LBP
22 August 20231 AUD = 9630.74 LBP
23 August 20231 AUD = 9642.00 LBP
24 August 20231 AUD = 9720.88 LBP
25 August 20231 AUD = 9620.94 LBP
28 August 20231 AUD = 9613.27 LBP
29 August 20231 AUD = 9626.05 LBP
30 August 20231 AUD = 9695.32 LBP
31 August 20231 AUD = 9720.09 LBP

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

17/10/2019: Protests against economic crisis

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

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

01/01/1976: Lebanese Civil War

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

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.