Historic Australian dollar Lebanese pound

Australian dollar lebanese pound history for January 2024. The highest quote for this month is 10250.9 (01/01/2024) and the lowest 10259.8 (02/01/2024). The difference between high and low is -0.09.

AUD LBP average rate for January 2024 is 9989.70667, the change between 01/01/2024 and 31/01/2024 is +3.46 %.

01 January 20241 AUD = 10246.00 LBP
02 January 20241 AUD = 10240.30 LBP
03 January 20241 AUD = 10148.50 LBP
04 January 20241 AUD = 10104.00 LBP
05 January 20241 AUD = 10059.90 LBP
06 January 20241 AUD = 10074.60 LBP
07 January 20241 AUD = 10074.60 LBP
08 January 20241 AUD = 10041.90 LBP
09 January 20241 AUD = 10070.00 LBP
10 January 20241 AUD = 10019.00 LBP
11 January 20241 AUD = 10059.40 LBP
12 January 20241 AUD = 10038.60 LBP
14 January 20241 AUD = 10034.10 LBP
15 January 20241 AUD = 10015.30 LBP
16 January 20241 AUD = 9961.24 LBP
17 January 20241 AUD = 9892.98 LBP
18 January 20241 AUD = 9828.65 LBP
19 January 20241 AUD = 9874.93 LBP
22 January 20241 AUD = 9881.23 LBP
23 January 20241 AUD = 9855.90 LBP
24 January 20241 AUD = 9880.11 LBP
25 January 20241 AUD = 9865.05 LBP
26 January 20241 AUD = 9878.82 LBP
28 January 20241 AUD = 9868.42 LBP
29 January 20241 AUD = 9872.53 LBP
30 January 20241 AUD = 9944.75 LBP
31 January 20241 AUD = 9891.27 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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