Lebanese pound chilean peso exchange rate history (LBP CLP) August 2023

Lebanese pound chilean peso history for August 2023. The highest quote for this month is 0.057976 (21/08/2023) and the lowest 0.05787 (20/08/2023). The difference between high and low is 0.18.

LBP CLP average rate for August 2023 is 0.05718, the change between 01/08/2023 and 31/08/2023 is -1.46 %.

01 August 2023	1 LBP = 0.0560 CLP
02 August 2023	1 LBP = 0.0561 CLP
03 August 2023	1 LBP = 0.0563 CLP
04 August 2023	1 LBP = 0.0567 CLP
07 August 2023	1 LBP = 0.0570 CLP
08 August 2023	1 LBP = 0.0574 CLP
09 August 2023	1 LBP = 0.0574 CLP
10 August 2023	1 LBP = 0.0575 CLP
11 August 2023	1 LBP = 0.0565 CLP
12 August 2023	1 LBP = 0.0573 CLP
14 August 2023	1 LBP = 0.0572 CLP
15 August 2023	1 LBP = 0.0573 CLP
16 August 2023	1 LBP = 0.0575 CLP
17 August 2023	1 LBP = 0.0580 CLP
18 August 2023	1 LBP = 0.0577 CLP
20 August 2023	1 LBP = 0.0579 CLP
21 August 2023	1 LBP = 0.0583 CLP
22 August 2023	1 LBP = 0.0579 CLP
23 August 2023	1 LBP = 0.0579 CLP
24 August 2023	1 LBP = 0.0579 CLP
25 August 2023	1 LBP = 0.0566 CLP
28 August 2023	1 LBP = 0.0564 CLP
29 August 2023	1 LBP = 0.0567 CLP
30 August 2023	1 LBP = 0.0572 CLP
31 August 2023	1 LBP = 0.0568 CLP

17/10/2019: Protests against economic crisis

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

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

01/01/1976: Lebanese Civil War

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

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

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.

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

27/11/1941: Devaluation of the Lebanese pound

The Lebanese pound was devalued by 41.9% following the breakup of the French franc.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

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.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.

Historic Lebanese pound Chilean Peso