Historic Ethiopian birr Lebanese pound

Ethiopian birr lebanese pound history for February 2024. The highest quote for this month is 1586.87 (29/02/2024) and the lowest 1589.63 (29/02/2024). The difference between high and low is -0.17.

ETB LBP average rate for February 2024 is 706.50143, the change between 01/02/2024 and 29/02/2024 is -490.37 %.

01 February 20241 ETB = 268.3 LBP
02 February 20241 ETB = 267.6 LBP
05 February 20241 ETB = 265.9 LBP
06 February 20241 ETB = 267.9 LBP
07 February 20241 ETB = 270.3 LBP
08 February 20241 ETB = 266.9 LBP
09 February 20241 ETB = 266.8 LBP
12 February 20241 ETB = 265.8 LBP
13 February 20241 ETB = 266.5 LBP
14 February 20241 ETB = 268.0 LBP
15 February 20241 ETB = 265.9 LBP
16 February 20241 ETB = 266.3 LBP
19 February 20241 ETB = 267.2 LBP
20 February 20241 ETB = 264.8 LBP
21 February 20241 ETB = 1582.95 LBP
22 February 20241 ETB = 1588.31 LBP
23 February 20241 ETB = 1587.16 LBP
26 February 20241 ETB = 1583.35 LBP
27 February 20241 ETB = 1586.32 LBP
28 February 20241 ETB = 1586.04 LBP
29 February 20241 ETB = 1584.09 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.
ETB LBP January 2024
ETB LBP February 2024
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ETB LBP May 2024
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