Azerbaijani manat lebanese pound exchange rate history (AZN LBP) February 2024

Azerbaijani manat lebanese pound history for February 2024. The highest quote for this month is 52757.7 (28/02/2024) and the lowest 52664.1 (28/02/2024). The difference between high and low is 0.18.

AZN LBP average rate for February 2024 is 23430.66048, the change between 01/02/2024 and 29/02/2024 is -493.42 %.

01 February 2024	1 AZN = 8857.32 LBP
02 February 2024	1 AZN = 8825.44 LBP
05 February 2024	1 AZN = 8903.07 LBP
06 February 2024	1 AZN = 8831.97 LBP
07 February 2024	1 AZN = 8921.21 LBP
08 February 2024	1 AZN = 8825.87 LBP
09 February 2024	1 AZN = 8832.01 LBP
12 February 2024	1 AZN = 8813.76 LBP
13 February 2024	1 AZN = 8826.71 LBP
14 February 2024	1 AZN = 8871.47 LBP
15 February 2024	1 AZN = 8807.33 LBP
16 February 2024	1 AZN = 8826.13 LBP
19 February 2024	1 AZN = 8822.49 LBP
20 February 2024	1 AZN = 8794.19 LBP
21 February 2024	1 AZN = 52495.00 LBP
22 February 2024	1 AZN = 52663.20 LBP
23 February 2024	1 AZN = 52662.50 LBP
26 February 2024	1 AZN = 52577.90 LBP
27 February 2024	1 AZN = 52662.50 LBP
28 February 2024	1 AZN = 52662.50 LBP
29 February 2024	1 AZN = 52561.30 LBP

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

17/10/2019: Protests against economic crisis

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

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

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.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

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.

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.

Historic Azerbaijani manat Lebanese pound