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 July 2023
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EGP LBP September 2023
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EGP LBP February 2024
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