Lebanese pound pound sterling exchange rate history (LBP GBP) October 2023

Lebanese pound pound sterling history for October 2023. The highest quote for this month is 0.000055 (01/10/2023) and the lowest 0.000055 (01/10/2023). The difference between high and low is 0.

LBP GBP average rate for October 2023 is 0.00005, the change between 01/10/2023 and 31/10/2023 is 0 %.

01 October 2023	1 LBP = 0.0001 GBP
02 October 2023	1 LBP = 0.0001 GBP
03 October 2023	1 LBP = 0.0001 GBP
04 October 2023	1 LBP = 0.0001 GBP
05 October 2023	1 LBP = 0.0001 GBP
06 October 2023	1 LBP = 0.0001 GBP
09 October 2023	1 LBP = 0.0001 GBP
10 October 2023	1 LBP = 0.0001 GBP
11 October 2023	1 LBP = 0.0001 GBP
12 October 2023	1 LBP = 0.0001 GBP
13 October 2023	1 LBP = 0.0001 GBP
16 October 2023	1 LBP = 0.0001 GBP
17 October 2023	1 LBP = 0.0001 GBP
18 October 2023	1 LBP = 0.0001 GBP
19 October 2023	1 LBP = 0.0001 GBP
20 October 2023	1 LBP = 0.0001 GBP
22 October 2023	1 LBP = 0.0001 GBP
23 October 2023	1 LBP = 0.0001 GBP
24 October 2023	1 LBP = 0.0001 GBP
25 October 2023	1 LBP = 0.0001 GBP
26 October 2023	1 LBP = 0.0001 GBP
27 October 2023	1 LBP = 0.0001 GBP
29 October 2023	1 LBP = 0.0001 GBP
30 October 2023	1 LBP = 0.0001 GBP
31 October 2023	1 LBP = 0.0001 GBP

17/10/2019: Protests against economic crisis

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

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

01/01/1976: Lebanese Civil War

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

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal 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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

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.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.

Historic Lebanese pound Pound sterling