Historic Lebanese pound Bangladeshi Taka

Lebanese pound bangladeshi taka history for August 2023. The highest quote for this month is 0.007293 (19/08/2023) and the lowest 0.007293 (19/08/2023). The difference between high and low is 0.

LBP BDT average rate for August 2023 is 0.00719, the change between 01/08/2023 and 31/08/2023 is -0.76 %.

01 August 20231 LBP = 0.0071 BDT
02 August 20231 LBP = 0.0071 BDT
03 August 20231 LBP = 0.0072 BDT
04 August 20231 LBP = 0.0072 BDT
07 August 20231 LBP = 0.0072 BDT
08 August 20231 LBP = 0.0072 BDT
09 August 20231 LBP = 0.0072 BDT
10 August 20231 LBP = 0.0072 BDT
11 August 20231 LBP = 0.0072 BDT
12 August 20231 LBP = 0.0072 BDT
14 August 20231 LBP = 0.0072 BDT
15 August 20231 LBP = 0.0072 BDT
16 August 20231 LBP = 0.0072 BDT
17 August 20231 LBP = 0.0072 BDT
18 August 20231 LBP = 0.0072 BDT
19 August 20231 LBP = 0.0073 BDT
20 August 20231 LBP = 0.0073 BDT
21 August 20231 LBP = 0.0072 BDT
22 August 20231 LBP = 0.0072 BDT
23 August 20231 LBP = 0.0072 BDT
24 August 20231 LBP = 0.0072 BDT
25 August 20231 LBP = 0.0072 BDT
28 August 20231 LBP = 0.0072 BDT
29 August 20231 LBP = 0.0072 BDT
30 August 20231 LBP = 0.0072 BDT
31 August 20231 LBP = 0.0072 BDT

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

17/10/2019: Protests against economic crisis

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

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

01/01/1976: Lebanese Civil War

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

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.

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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