Historic Kuwaiti Dinar Lebanese pound

Kuwaiti Dinar lebanese pound history for February 2024. The highest quote for this month is 291810.8 (28/02/2024) and the lowest 291387.8 (28/02/2024). The difference between high and low is 0.14.

KWD LBP average rate for February 2024 is 136050.86, the change between 01/02/2024 and 29/02/2024 is -493.13 %.

01 February 20241 KWD = 49029.40 LBP
02 February 20241 KWD = 48852.90 LBP
03 February 20241 KWD = 48828.10 LBP
04 February 20241 KWD = 48828.10 LBP
05 February 20241 KWD = 49269.80 LBP
06 February 20241 KWD = 48839.80 LBP
07 February 20241 KWD = 49334.90 LBP
08 February 20241 KWD = 48796.50 LBP
09 February 20241 KWD = 48814.60 LBP
12 February 20241 KWD = 48724.80 LBP
13 February 20241 KWD = 48799.60 LBP
14 February 20241 KWD = 49000.80 LBP
15 February 20241 KWD = 48638.70 LBP
16 February 20241 KWD = 48786.80 LBP
19 February 20241 KWD = 48765.20 LBP
20 February 20241 KWD = 48610.30 LBP
21 February 20241 KWD = 290338.60 LBP
22 February 20241 KWD = 291325.80 LBP
23 February 20241 KWD = 291265.30 LBP
24 February 20241 KWD = 291056.90 LBP
25 February 20241 KWD = 291056.90 LBP
26 February 20241 KWD = 290834.70 LBP
27 February 20241 KWD = 291312.70 LBP
28 February 20241 KWD = 291350.60 LBP
29 February 20241 KWD = 290809.70 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.
KWD LBP August 2023
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