Historic Indonesian Rupiah Lebanese pound

Indonesian Rupiah lebanese pound history for December 2023. The highest quote for this month is 0.9722 (27/12/2023) and the lowest 1.0401 (29/12/2023). The difference between high and low is -6.98.

IDR LBP average rate for December 2023 is 0.97043, the change between 01/12/2023 and 31/12/2023 is -1.31 %.

01 December 20231 IDR = 0.9643 LBP
02 December 20231 IDR = 0.9690 LBP
03 December 20231 IDR = 0.9691 LBP
04 December 20231 IDR = 0.9719 LBP
05 December 20231 IDR = 0.9708 LBP
06 December 20231 IDR = 0.9704 LBP
07 December 20231 IDR = 0.9699 LBP
08 December 20231 IDR = 0.9648 LBP
10 December 20231 IDR = 0.9681 LBP
11 December 20231 IDR = 0.9652 LBP
12 December 20231 IDR = 0.9587 LBP
13 December 20231 IDR = 0.9630 LBP
14 December 20231 IDR = 0.9823 LBP
15 December 20231 IDR = 0.9696 LBP
16 December 20231 IDR = 0.9684 LBP
17 December 20231 IDR = 0.9684 LBP
18 December 20231 IDR = 0.9864 LBP
19 December 20231 IDR = 0.9701 LBP
20 December 20231 IDR = 0.9709 LBP
21 December 20231 IDR = 0.9682 LBP
22 December 20231 IDR = 0.9715 LBP
23 December 20231 IDR = 0.9691 LBP
24 December 20231 IDR = 0.9692 LBP
25 December 20231 IDR = 0.9741 LBP
26 December 20231 IDR = 0.9716 LBP
27 December 20231 IDR = 0.9744 LBP
28 December 20231 IDR = 0.9757 LBP
29 December 20231 IDR = 0.9769 LBP

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

17/10/2019: Protests against economic crisis

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

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

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.

01/07/1997: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

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.

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

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.

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.

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.
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