Historic Lebanese pound Euro

Lebanese pound euro history for August 2023. The highest quote for this month is 0.000062 (23/08/2023) and the lowest 0.000062 (24/08/2023). The difference between high and low is 0.

LBP EUR average rate for August 2023 is 0.00006, the change between 01/08/2023 and 31/08/2023 is 0 %.

01 August 20231 LBP = 0.0001 EUR
02 August 20231 LBP = 0.0001 EUR
03 August 20231 LBP = 0.0001 EUR
04 August 20231 LBP = 0.0001 EUR
07 August 20231 LBP = 0.0001 EUR
08 August 20231 LBP = 0.0001 EUR
09 August 20231 LBP = 0.0001 EUR
10 August 20231 LBP = 0.0001 EUR
11 August 20231 LBP = 0.0001 EUR
14 August 20231 LBP = 0.0001 EUR
15 August 20231 LBP = 0.0001 EUR
16 August 20231 LBP = 0.0001 EUR
17 August 20231 LBP = 0.0001 EUR
18 August 20231 LBP = 0.0001 EUR
21 August 20231 LBP = 0.0001 EUR
22 August 20231 LBP = 0.0001 EUR
23 August 20231 LBP = 0.0001 EUR
24 August 20231 LBP = 0.0001 EUR
25 August 20231 LBP = 0.0001 EUR
28 August 20231 LBP = 0.0001 EUR
29 August 20231 LBP = 0.0001 EUR
30 August 20231 LBP = 0.0001 EUR
31 August 20231 LBP = 0.0001 EUR

17/10/2019: Protests against economic crisis

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

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

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.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.

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.