Ethiopian birr lebanese pound exchange rate history (ETB LBP) August 2023

Ethiopian birr lebanese pound history for August 2023. The highest quote for this month is 273.6 (24/08/2023) and the lowest 274.05 (01/08/2023). The difference between high and low is -0.16.

ETB LBP average rate for August 2023 is 273.11478, the change between 01/08/2023 and 31/08/2023 is +0.78 %.

01 August 2023	1 ETB = 274.7 LBP
02 August 2023	1 ETB = 274.4 LBP
03 August 2023	1 ETB = 272.9 LBP
04 August 2023	1 ETB = 274.3 LBP
07 August 2023	1 ETB = 272.8 LBP
08 August 2023	1 ETB = 272.8 LBP
09 August 2023	1 ETB = 272.7 LBP
10 August 2023	1 ETB = 272.7 LBP
11 August 2023	1 ETB = 272.7 LBP
14 August 2023	1 ETB = 272.6 LBP
15 August 2023	1 ETB = 273.7 LBP
16 August 2023	1 ETB = 273.3 LBP
17 August 2023	1 ETB = 273.6 LBP
18 August 2023	1 ETB = 273.4 LBP
21 August 2023	1 ETB = 272.5 LBP
22 August 2023	1 ETB = 273.7 LBP
23 August 2023	1 ETB = 272.8 LBP
24 August 2023	1 ETB = 272.8 LBP
25 August 2023	1 ETB = 273.2 LBP
28 August 2023	1 ETB = 273.2 LBP
29 August 2023	1 ETB = 272.2 LBP
30 August 2023	1 ETB = 272.2 LBP
31 August 2023	1 ETB = 272.6 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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

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.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

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.

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

01/01/1976: Lebanese Civil War

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

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.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

27/11/1941: Devaluation of the Lebanese pound

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

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

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.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.

Historic Ethiopian birr Lebanese pound