Historic Costa Rican colón Lebanese pound

Costa Rican colón lebanese pound history for October 2023. The highest quote for this month is 29.516 (31/10/2023) and the lowest 28.998 (20/10/2023). The difference between high and low is 1.75.

CRC LBP average rate for October 2023 is 28.76737, the change between 01/10/2023 and 31/10/2023 is -2.76 %.

01 October 20231 CRC = 28.22 LBP
02 October 20231 CRC = 28.75 LBP
03 October 20231 CRC = 28.77 LBP
04 October 20231 CRC = 28.70 LBP
05 October 20231 CRC = 28.90 LBP
06 October 20231 CRC = 28.86 LBP
07 October 20231 CRC = 28.08 LBP
09 October 20231 CRC = 28.80 LBP
10 October 20231 CRC = 28.74 LBP
11 October 20231 CRC = 28.73 LBP
12 October 20231 CRC = 28.68 LBP
13 October 20231 CRC = 28.83 LBP
16 October 20231 CRC = 28.95 LBP
17 October 20231 CRC = 28.98 LBP
18 October 20231 CRC = 28.97 LBP
19 October 20231 CRC = 28.92 LBP
20 October 20231 CRC = 29.02 LBP
21 October 20231 CRC = 28.26 LBP
22 October 20231 CRC = 28.26 LBP
23 October 20231 CRC = 28.96 LBP
24 October 20231 CRC = 29.00 LBP
25 October 20231 CRC = 29.20 LBP
26 October 20231 CRC = 28.95 LBP
27 October 20231 CRC = 28.98 LBP
29 October 20231 CRC = 28.27 LBP
30 October 20231 CRC = 28.96 LBP
31 October 20231 CRC = 29.00 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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

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.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

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.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

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.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.