Historic Iraqi dinar Lebanese pound

Iraqi dinar lebanese pound history for July 2023. The highest quote for this month is 11.746 (04/07/2023) and the lowest 11.676 (03/07/2023). The difference between high and low is 0.6.

IQD LBP average rate for July 2023 is 11.54633, the change between 01/07/2023 and 31/07/2023 is +0.02 %.

03 July 20231 IQD = 11.68 LBP
04 July 20231 IQD = 11.46 LBP
05 July 20231 IQD = 11.75 LBP
06 July 20231 IQD = 11.47 LBP
07 July 20231 IQD = 11.47 LBP
10 July 20231 IQD = 11.68 LBP
11 July 20231 IQD = 11.46 LBP
12 July 20231 IQD = 11.47 LBP
13 July 20231 IQD = 11.48 LBP
14 July 20231 IQD = 11.47 LBP
17 July 20231 IQD = 11.67 LBP
18 July 20231 IQD = 11.47 LBP
19 July 20231 IQD = 11.48 LBP
20 July 20231 IQD = 11.47 LBP
21 July 20231 IQD = 11.76 LBP
24 July 20231 IQD = 11.67 LBP
25 July 20231 IQD = 11.48 LBP
26 July 20231 IQD = 11.48 LBP
27 July 20231 IQD = 11.47 LBP
28 July 20231 IQD = 11.48 LBP
31 July 20231 IQD = 11.67 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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

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.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

27/11/1941: Devaluation of the Lebanese pound

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

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

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.