Historic Kuwaiti Dinar Lebanese pound

Kuwaiti Dinar lebanese pound history for December 2023. The highest quote for this month is 49111.2 (18/12/2023) and the lowest 48968.9 (25/12/2023). The difference between high and low is 0.29.

KWD LBP average rate for December 2023 is 48805.14444, the change between 01/12/2023 and 31/12/2023 is -0.98 %.

01 December 20231 KWD = 48633.70 LBP
02 December 20231 KWD = 48587.70 LBP
04 December 20231 KWD = 48676.10 LBP
05 December 20231 KWD = 48847.00 LBP
06 December 20231 KWD = 48638.90 LBP
07 December 20231 KWD = 48725.40 LBP
08 December 20231 KWD = 48594.60 LBP
10 December 20231 KWD = 48653.90 LBP
11 December 20231 KWD = 48781.90 LBP
12 December 20231 KWD = 48698.10 LBP
13 December 20231 KWD = 48713.30 LBP
14 December 20231 KWD = 48792.00 LBP
15 December 20231 KWD = 48848.20 LBP
16 December 20231 KWD = 48796.40 LBP
17 December 20231 KWD = 48796.40 LBP
18 December 20231 KWD = 49085.50 LBP
19 December 20231 KWD = 48819.40 LBP
20 December 20231 KWD = 48869.90 LBP
21 December 20231 KWD = 48927.00 LBP
22 December 20231 KWD = 48899.80 LBP
23 December 20231 KWD = 48764.60 LBP
24 December 20231 KWD = 48828.10 LBP
25 December 20231 KWD = 48936.00 LBP
26 December 20231 KWD = 48968.90 LBP
27 December 20231 KWD = 48828.50 LBP
28 December 20231 KWD = 48918.90 LBP
29 December 20231 KWD = 49108.70 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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti 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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti 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.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

01/01/1976: Lebanese Civil War

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

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

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.

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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