Historic Chilean Peso Lebanese pound

Chilean Peso lebanese pound history for August 2023. The highest quote for this month is 17.783 (01/08/2023) and the lowest 18.117 (01/08/2023). The difference between high and low is -1.88.

CLP LBP average rate for August 2023 is 17.49124, the change between 01/08/2023 and 31/08/2023 is +1.44 %.

01 August 20231 CLP = 17.87 LBP
02 August 20231 CLP = 17.83 LBP
03 August 20231 CLP = 17.76 LBP
04 August 20231 CLP = 17.63 LBP
07 August 20231 CLP = 17.53 LBP
08 August 20231 CLP = 17.43 LBP
09 August 20231 CLP = 17.41 LBP
10 August 20231 CLP = 17.39 LBP
11 August 20231 CLP = 17.70 LBP
12 August 20231 CLP = 17.46 LBP
14 August 20231 CLP = 17.49 LBP
15 August 20231 CLP = 17.45 LBP
16 August 20231 CLP = 17.40 LBP
17 August 20231 CLP = 17.25 LBP
18 August 20231 CLP = 17.34 LBP
20 August 20231 CLP = 17.28 LBP
21 August 20231 CLP = 17.16 LBP
22 August 20231 CLP = 17.28 LBP
23 August 20231 CLP = 17.26 LBP
24 August 20231 CLP = 17.27 LBP
25 August 20231 CLP = 17.65 LBP
28 August 20231 CLP = 17.73 LBP
29 August 20231 CLP = 17.63 LBP
30 August 20231 CLP = 17.49 LBP
31 August 20231 CLP = 17.61 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.

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.

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

01/01/1976: Lebanese Civil War

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

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

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.

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

27/11/1941: Devaluation of the Lebanese pound

The Lebanese pound was devalued by 41.9% following the breakup of the French franc.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

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.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.