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

South Korean Won lebanese pound history for September 2023. The highest quote for this month is 11.414 (04/09/2023) and the lowest 11.434 (01/09/2023). The difference between high and low is -0.18.

KRW LBP average rate for September 2023 is 11.2495, the change between 01/09/2023 and 30/09/2023 is +2.01 %.

01 September 2023	1 KRW = 11.32 LBP
04 September 2023	1 KRW = 11.43 LBP
05 September 2023	1 KRW = 11.38 LBP
06 September 2023	1 KRW = 11.28 LBP
07 September 2023	1 KRW = 11.25 LBP
08 September 2023	1 KRW = 11.26 LBP
11 September 2023	1 KRW = 11.21 LBP
12 September 2023	1 KRW = 11.38 LBP
13 September 2023	1 KRW = 11.33 LBP
14 September 2023	1 KRW = 11.28 LBP
15 September 2023	1 KRW = 11.30 LBP
18 September 2023	1 KRW = 11.27 LBP
19 September 2023	1 KRW = 11.28 LBP
20 September 2023	1 KRW = 11.29 LBP
21 September 2023	1 KRW = 11.26 LBP
22 September 2023	1 KRW = 11.18 LBP
23 September 2023	1 KRW = 11.24 LBP
24 September 2023	1 KRW = 11.24 LBP
25 September 2023	1 KRW = 11.19 LBP
26 September 2023	1 KRW = 11.21 LBP
27 September 2023	1 KRW = 11.08 LBP
28 September 2023	1 KRW = 11.09 LBP
29 September 2023	1 KRW = 11.13 LBP
30 September 2023	1 KRW = 11.09 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