17/10/2019: Protests against economic crisis
Mass protests erupted in Lebanon due to economic crisis, leading to further depreciation of the Lebanese pound.
01/10/2018: Redesign and Modernization of Banknotes
The Central Bank of the Dominican Republic unveils a redesigned series of banknotes with enhanced security features and modernized aesthetics.
01/12/2011: New Security Features
To combat counterfeiting, the Central Bank of the Dominican Republic introduces new security features on the Peso Dominicano banknotes.
01/03/2004: Transition to the Peso Dominicano
The Dominican Republic transitions from the Peso Oro to the Peso Dominicano, a new currency with a different exchange rate, to improve monetary stability.
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.
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.
11/10/1947: Introduction of the Peso Oro
The Peso Oro is introduced as a new currency in the Dominican Republic, replacing the previous Peso. It is pegged to the US dollar at a fixed exchange rate.
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.
09/01/1905: The Monetary Law of 1905
The Dominican government enacts the Monetary Law of 1905, which establishes the gold standard for the Peso, linking its value to the US dollar.
17/03/1877: Introduction of Paper Money
The first paper money denominated in the Dominican Peso is introduced, replacing the previously used gold and silver coins.
27/02/1844: Dominican Independence
After gaining independence from Haiti, the Dominican Republic introduces its own currency, the Peso, as a symbol of its sovereignty.