Historic Lebanese pound Cuban peso

Lebanese pound cuban peso history for February 2024. The highest quote for this month is 0.0016 (03/02/2024) and the lowest 0.001604 (19/02/2024). The difference between high and low is -0.25.

LBP CUP average rate for February 2024 is 0.00112, the change between 01/02/2024 and 29/02/2024 is +83.14 %.

01 February 20241 LBP = 0.0016 CUP
02 February 20241 LBP = 0.0016 CUP
03 February 20241 LBP = 0.0016 CUP
04 February 20241 LBP = 0.0016 CUP
05 February 20241 LBP = 0.0016 CUP
06 February 20241 LBP = 0.0016 CUP
07 February 20241 LBP = 0.0016 CUP
08 February 20241 LBP = 0.0016 CUP
09 February 20241 LBP = 0.0016 CUP
12 February 20241 LBP = 0.0016 CUP
13 February 20241 LBP = 0.0016 CUP
14 February 20241 LBP = 0.0016 CUP
15 February 20241 LBP = 0.0016 CUP
16 February 20241 LBP = 0.0016 CUP
19 February 20241 LBP = 0.0016 CUP
20 February 20241 LBP = 0.0016 CUP
21 February 20241 LBP = 0.0003 CUP
22 February 20241 LBP = 0.0003 CUP
23 February 20241 LBP = 0.0003 CUP
24 February 20241 LBP = 0.0003 CUP
25 February 20241 LBP = 0.0003 CUP
26 February 20241 LBP = 0.0003 CUP
27 February 20241 LBP = 0.0003 CUP
28 February 20241 LBP = 0.0003 CUP
29 February 20241 LBP = 0.0003 CUP

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

17/10/2019: Protests against economic crisis

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

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

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.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

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 CUP July 2023
LBP CUP August 2023
LBP CUP September 2023
LBP CUP October 2023
LBP CUP November 2023
LBP CUP December 2023
LBP CUP January 2024
LBP CUP February 2024
LBP CUP March 2024
LBP CUP April 2024
LBP CUP May 2024
LBP CUP June 2024
LBP CUP July 2024