South Korean Won lebanese pound exchange rate history (KRW LBP) October 2023

South Korean Won lebanese pound history for October 2023. The highest quote for this month is 11.276 (31/10/2023) and the lowest 11.224 (12/10/2023). The difference between high and low is 0.46.

KRW LBP average rate for October 2023 is 11.11425, the change between 01/10/2023 and 31/10/2023 is -0.28 %.

01 October 2023	1 KRW = 11.10 LBP
02 October 2023	1 KRW = 11.11 LBP
03 October 2023	1 KRW = 11.08 LBP
04 October 2023	1 KRW = 11.04 LBP
05 October 2023	1 KRW = 11.10 LBP
06 October 2023	1 KRW = 11.11 LBP
07 October 2023	1 KRW = 11.16 LBP
09 October 2023	1 KRW = 11.11 LBP
10 October 2023	1 KRW = 11.13 LBP
11 October 2023	1 KRW = 11.18 LBP
12 October 2023	1 KRW = 11.19 LBP
13 October 2023	1 KRW = 11.13 LBP
16 October 2023	1 KRW = 11.09 LBP
17 October 2023	1 KRW = 11.13 LBP
18 October 2023	1 KRW = 11.09 LBP
19 October 2023	1 KRW = 11.07 LBP
20 October 2023	1 KRW = 11.06 LBP
21 October 2023	1 KRW = 11.12 LBP
22 October 2023	1 KRW = 11.12 LBP
23 October 2023	1 KRW = 11.09 LBP
24 October 2023	1 KRW = 11.24 LBP
25 October 2023	1 KRW = 11.26 LBP
26 October 2023	1 KRW = 11.09 LBP
27 October 2023	1 KRW = 11.11 LBP
28 October 2023	1 KRW = 11.07 LBP
29 October 2023	1 KRW = 11.07 LBP
30 October 2023	1 KRW = 11.04 LBP
31 October 2023	1 KRW = 11.13 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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

01/01/1986: 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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

01/01/1976: Lebanese Civil War

The Lebanese Civil War began, causing significant economic instability and devaluation of the Lebanese pound.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

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.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

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.

Historic South Korean Won Lebanese pound