Historic Iranian Rial Lebanese pound

Iranian Rial lebanese pound history for February 2024. The highest quote for this month is 2.134 (23/02/2024) and the lowest 2.131 (24/02/2024). The difference between high and low is 0.14.

IRR LBP average rate for February 2024 is 0.99531, the change between 01/02/2024 and 29/02/2024 is -493.28 %.

01 February 20241 IRR = 0.3583 LBP
02 February 20241 IRR = 0.3571 LBP
03 February 20241 IRR = 0.3571 LBP
04 February 20241 IRR = 0.3571 LBP
05 February 20241 IRR = 0.3600 LBP
06 February 20241 IRR = 0.3574 LBP
07 February 20241 IRR = 0.3609 LBP
08 February 20241 IRR = 0.3571 LBP
09 February 20241 IRR = 0.3573 LBP
12 February 20241 IRR = 0.3566 LBP
13 February 20241 IRR = 0.3572 LBP
14 February 20241 IRR = 0.3589 LBP
15 February 20241 IRR = 0.3564 LBP
16 February 20241 IRR = 0.3571 LBP
19 February 20241 IRR = 0.3570 LBP
20 February 20241 IRR = 0.3559 LBP
21 February 20241 IRR = 2.123 LBP
22 February 20241 IRR = 2.130 LBP
23 February 20241 IRR = 2.131 LBP
24 February 20241 IRR = 2.131 LBP
25 February 20241 IRR = 2.131 LBP
26 February 20241 IRR = 2.127 LBP
27 February 20241 IRR = 2.131 LBP
28 February 20241 IRR = 2.131 LBP
29 February 20241 IRR = 2.126 LBP

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

17/10/2019: Protests against economic crisis

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

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

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.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

27/11/1941: Devaluation of the Lebanese pound

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

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.

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