Historic Australian dollar Lebanese pound

Australian dollar lebanese pound history for December 2023. The highest quote for this month is 10238.7 (28/12/2023) and the lowest 10652.8 (25/12/2023). The difference between high and low is -4.04.

AUD LBP average rate for December 2023 is 10046.93393, the change between 01/12/2023 and 31/12/2023 is -3.83 %.

01 December 20231 AUD = 9906.74 LBP
02 December 20231 AUD = 10015.40 LBP
03 December 20231 AUD = 10002.70 LBP
04 December 20231 AUD = 10026.60 LBP
05 December 20231 AUD = 9969.89 LBP
06 December 20231 AUD = 9831.24 LBP
07 December 20231 AUD = 9836.11 LBP
08 December 20231 AUD = 9862.04 LBP
10 December 20231 AUD = 9865.18 LBP
11 December 20231 AUD = 9881.54 LBP
12 December 20231 AUD = 9847.50 LBP
13 December 20231 AUD = 9842.61 LBP
14 December 20231 AUD = 10000.80 LBP
15 December 20231 AUD = 10052.90 LBP
16 December 20231 AUD = 10048.90 LBP
17 December 20231 AUD = 10048.90 LBP
18 December 20231 AUD = 10098.40 LBP
19 December 20231 AUD = 10050.20 LBP
20 December 20231 AUD = 10147.90 LBP
21 December 20231 AUD = 10126.60 LBP
22 December 20231 AUD = 10195.20 LBP
23 December 20231 AUD = 10203.40 LBP
24 December 20231 AUD = 10203.40 LBP
25 December 20231 AUD = 10220.10 LBP
26 December 20231 AUD = 10222.80 LBP
27 December 20231 AUD = 10239.10 LBP
28 December 20231 AUD = 10282.10 LBP
29 December 20231 AUD = 10285.90 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.
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