Historic Gibraltar pound Lebanese pound

Gibraltar pound lebanese pound history for January 2024. The highest quote for this month is 19159.7 (01/01/2024) and the lowest 19156.2 (12/01/2024). The difference between high and low is 0.02.

GIP LBP average rate for January 2024 is 19058.35217, the change between 01/01/2024 and 31/01/2024 is +0.23 %.

01 January 20241 GIP = 19131.90 LBP
02 January 20241 GIP = 18992.00 LBP
03 January 20241 GIP = 18965.70 LBP
04 January 20241 GIP = 19057.30 LBP
05 January 20241 GIP = 19084.00 LBP
08 January 20241 GIP = 19021.90 LBP
09 January 20241 GIP = 19074.80 LBP
10 January 20241 GIP = 19073.40 LBP
11 January 20241 GIP = 19119.50 LBP
12 January 20241 GIP = 19120.20 LBP
15 January 20241 GIP = 19051.40 LBP
16 January 20241 GIP = 18957.60 LBP
17 January 20241 GIP = 19001.00 LBP
18 January 20241 GIP = 18995.80 LBP
19 January 20241 GIP = 19061.00 LBP
22 January 20241 GIP = 19063.30 LBP
23 January 20241 GIP = 19030.70 LBP
24 January 20241 GIP = 19136.40 LBP
25 January 20241 GIP = 19086.40 LBP
26 January 20241 GIP = 19110.70 LBP
29 January 20241 GIP = 19039.60 LBP
30 January 20241 GIP = 19080.50 LBP
31 January 20241 GIP = 19087.00 LBP

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

17/10/2019: Protests against economic crisis

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

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

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.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

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.

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 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.

27/11/1941: Devaluation of the Lebanese pound

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

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.

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.
GIP LBP January 2024
GIP LBP February 2024
GIP LBP March 2024
GIP LBP April 2024
GIP LBP May 2024
GIP LBP June 2024
GIP LBP July 2024
GIP LBP August 2024
GIP LBP September 2024
GIP LBP October 2024
GIP LBP November 2024
GIP LBP December 2024
GIP LBP January 2025