Historic Egyptian Pound Lebanese pound

Egyptian Pound lebanese pound history for February 2024. The highest quote for this month is 2902.22 (23/02/2024) and the lowest 2909.55 (28/02/2024). The difference between high and low is -0.25.

EGP LBP average rate for February 2024 is 1353.7144, the change between 01/02/2024 and 29/02/2024 is -492.74 %.

01 February 20241 EGP = 487.6 LBP
02 February 20241 EGP = 486.0 LBP
03 February 20241 EGP = 486.2 LBP
04 February 20241 EGP = 486.2 LBP
05 February 20241 EGP = 487.2 LBP
06 February 20241 EGP = 486.2 LBP
07 February 20241 EGP = 491.1 LBP
08 February 20241 EGP = 486.0 LBP
09 February 20241 EGP = 486.3 LBP
12 February 20241 EGP = 488.2 LBP
13 February 20241 EGP = 486.0 LBP
14 February 20241 EGP = 488.3 LBP
15 February 20241 EGP = 484.9 LBP
16 February 20241 EGP = 485.9 LBP
19 February 20241 EGP = 487.7 LBP
20 February 20241 EGP = 484.1 LBP
21 February 20241 EGP = 2886.37 LBP
22 February 20241 EGP = 2898.43 LBP
23 February 20241 EGP = 2898.59 LBP
24 February 20241 EGP = 2901.13 LBP
25 February 20241 EGP = 2891.77 LBP
26 February 20241 EGP = 2894.43 LBP
27 February 20241 EGP = 2895.33 LBP
28 February 20241 EGP = 2899.00 LBP
29 February 20241 EGP = 2890.16 LBP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

17/10/2019: Protests against economic crisis

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

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve 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.

01/01/1976: Lebanese Civil War

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

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

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.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

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.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
EGP LBP January 2024
EGP LBP February 2024
EGP LBP March 2024
EGP LBP April 2024
EGP LBP May 2024
EGP LBP June 2024
EGP LBP July 2024
EGP LBP August 2024
EGP LBP September 2024
EGP LBP October 2024
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EGP LBP January 2025