Historic Pound sterling Lebanese pound

Pound sterling lebanese pound history for January 2024. The highest quote for this month is 19131.4 (14/01/2024) and the lowest 19161.4 (12/01/2024). The difference between high and low is -0.16.

GBP LBP average rate for January 2024 is 19060.8, the change between 01/01/2024 and 31/01/2024 is +0.43 %.

01 January 20241 GBP = 19123.50 LBP
02 January 20241 GBP = 19139.00 LBP
03 January 20241 GBP = 18934.60 LBP
04 January 20241 GBP = 19011.40 LBP
05 January 20241 GBP = 19026.10 LBP
07 January 20241 GBP = 19076.70 LBP
08 January 20241 GBP = 19014.60 LBP
09 January 20241 GBP = 19098.90 LBP
10 January 20241 GBP = 19054.00 LBP
11 January 20241 GBP = 19124.20 LBP
12 January 20241 GBP = 19149.30 LBP
14 January 20241 GBP = 19131.40 LBP
15 January 20241 GBP = 19069.90 LBP
16 January 20241 GBP = 19046.80 LBP
17 January 20241 GBP = 18976.30 LBP
18 January 20241 GBP = 19016.50 LBP
19 January 20241 GBP = 19066.10 LBP
22 January 20241 GBP = 19026.70 LBP
23 January 20241 GBP = 19060.40 LBP
24 January 20241 GBP = 19039.20 LBP
25 January 20241 GBP = 19078.10 LBP
26 January 20241 GBP = 19062.40 LBP
28 January 20241 GBP = 19042.80 LBP
29 January 20241 GBP = 19055.40 LBP
30 January 20241 GBP = 19115.00 LBP
31 January 20241 GBP = 19041.50 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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

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.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.
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