Historic Egyptian Pound Lebanese pound

Egyptian Pound lebanese pound history for January 2024. The highest quote for this month is 487.8 (07/01/2024) and the lowest 489.26 (08/01/2024). The difference between high and low is -0.3.

EGP LBP average rate for January 2024 is 486.1, the change between 01/01/2024 and 31/01/2024 is +0.22 %.

01 January 20241 EGP = 486.3 LBP
02 January 20241 EGP = 485.0 LBP
03 January 20241 EGP = 485.5 LBP
04 January 20241 EGP = 485.5 LBP
05 January 20241 EGP = 487.6 LBP
06 January 20241 EGP = 487.8 LBP
07 January 20241 EGP = 487.8 LBP
08 January 20241 EGP = 488.8 LBP
09 January 20241 EGP = 485.3 LBP
10 January 20241 EGP = 485.5 LBP
11 January 20241 EGP = 486.2 LBP
12 January 20241 EGP = 485.4 LBP
14 January 20241 EGP = 486.2 LBP
15 January 20241 EGP = 484.7 LBP
16 January 20241 EGP = 484.5 LBP
17 January 20241 EGP = 486.4 LBP
18 January 20241 EGP = 486.0 LBP
19 January 20241 EGP = 486.1 LBP
22 January 20241 EGP = 487.2 LBP
23 January 20241 EGP = 485.8 LBP
24 January 20241 EGP = 485.9 LBP
25 January 20241 EGP = 485.9 LBP
26 January 20241 EGP = 485.9 LBP
28 January 20241 EGP = 485.1 LBP
29 January 20241 EGP = 486.4 LBP
30 January 20241 EGP = 487.0 LBP
31 January 20241 EGP = 485.2 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
EGP LBP August 2023
EGP LBP September 2023
EGP LBP October 2023
EGP LBP November 2023
EGP LBP December 2023
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