Historic Lebanese pound Australian dollar

Lebanese pound australian dollar history for November 2023. The highest quote for this month is 0.000106 (01/11/2023) and the lowest 0.000105 (10/11/2023). The difference between high and low is 0.94.

LBP AUD average rate for November 2023 is 0.0001, the change between 01/11/2023 and 30/11/2023 is +4.76 %.

01 November 20231 LBP = 0.0001 AUD
02 November 20231 LBP = 0.0001 AUD
03 November 20231 LBP = 0.0001 AUD
06 November 20231 LBP = 0.0001 AUD
07 November 20231 LBP = 0.0001 AUD
08 November 20231 LBP = 0.0001 AUD
09 November 20231 LBP = 0.0001 AUD
10 November 20231 LBP = 0.0001 AUD
12 November 20231 LBP = 0.0001 AUD
13 November 20231 LBP = 0.0001 AUD
14 November 20231 LBP = 0.0001 AUD
15 November 20231 LBP = 0.0001 AUD
16 November 20231 LBP = 0.0001 AUD
17 November 20231 LBP = 0.0001 AUD
18 November 20231 LBP = 0.0001 AUD
19 November 20231 LBP = 0.0001 AUD
20 November 20231 LBP = 0.0001 AUD
21 November 20231 LBP = 0.0001 AUD
22 November 20231 LBP = 0.0001 AUD
23 November 20231 LBP = 0.0001 AUD
24 November 20231 LBP = 0.0001 AUD
26 November 20231 LBP = 0.0001 AUD
27 November 20231 LBP = 0.0001 AUD
28 November 20231 LBP = 0.0001 AUD
29 November 20231 LBP = 0.0001 AUD
30 November 20231 LBP = 0.0001 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

17/10/2019: Protests against economic crisis

Mass protests erupted in Lebanon due to economic crisis, leading to further depreciation of the Lebanese pound.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

01/01/1976: Lebanese Civil War

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

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.
LBP AUD July 2023
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