Historic Lebanese pound Egyptian Pound

Lebanese pound egyptian pound history for February 2024. The highest quote for this month is 0.002062 (08/02/2024) and the lowest 0.002064 (02/02/2024). The difference between high and low is -0.1.

LBP EGP average rate for February 2024 is 0.00144, the change between 01/02/2024 and 29/02/2024 is +83.13 %.

01 February 20241 LBP = 0.0021 EGP
02 February 20241 LBP = 0.0021 EGP
03 February 20241 LBP = 0.0021 EGP
04 February 20241 LBP = 0.0021 EGP
05 February 20241 LBP = 0.0021 EGP
06 February 20241 LBP = 0.0021 EGP
07 February 20241 LBP = 0.0020 EGP
08 February 20241 LBP = 0.0021 EGP
09 February 20241 LBP = 0.0021 EGP
12 February 20241 LBP = 0.0020 EGP
13 February 20241 LBP = 0.0021 EGP
14 February 20241 LBP = 0.0020 EGP
15 February 20241 LBP = 0.0021 EGP
16 February 20241 LBP = 0.0021 EGP
19 February 20241 LBP = 0.0021 EGP
20 February 20241 LBP = 0.0021 EGP
21 February 20241 LBP = 0.0003 EGP
22 February 20241 LBP = 0.0003 EGP
23 February 20241 LBP = 0.0003 EGP
24 February 20241 LBP = 0.0003 EGP
25 February 20241 LBP = 0.0003 EGP
26 February 20241 LBP = 0.0003 EGP
27 February 20241 LBP = 0.0003 EGP
28 February 20241 LBP = 0.0003 EGP
29 February 20241 LBP = 0.0003 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

17/10/2019: Protests against economic crisis

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

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

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.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

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.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
LBP EGP January 2024
LBP EGP February 2024
LBP EGP March 2024
LBP EGP April 2024
LBP EGP May 2024
LBP EGP June 2024
LBP EGP July 2024
LBP EGP August 2024
LBP EGP September 2024
LBP EGP October 2024
LBP EGP November 2024
LBP EGP December 2024
LBP EGP January 2025