Historic Lebanese pound Ghana Cedi

Lebanese pound ghana cedi history for August 2023. The highest quote for this month is 0.000761 (30/08/2023) and the lowest 0.000761 (31/08/2023). The difference between high and low is 0.

LBP GHS average rate for August 2023 is 0.00075, the change between 01/08/2023 and 31/08/2023 is -2.42 %.

01 August 20231 LBP = 0.0007 GHS
02 August 20231 LBP = 0.0007 GHS
03 August 20231 LBP = 0.0008 GHS
04 August 20231 LBP = 0.0007 GHS
07 August 20231 LBP = 0.0008 GHS
08 August 20231 LBP = 0.0007 GHS
09 August 20231 LBP = 0.0007 GHS
10 August 20231 LBP = 0.0007 GHS
11 August 20231 LBP = 0.0007 GHS
12 August 20231 LBP = 0.0007 GHS
14 August 20231 LBP = 0.0007 GHS
15 August 20231 LBP = 0.0007 GHS
16 August 20231 LBP = 0.0007 GHS
17 August 20231 LBP = 0.0007 GHS
18 August 20231 LBP = 0.0007 GHS
19 August 20231 LBP = 0.0008 GHS
20 August 20231 LBP = 0.0008 GHS
21 August 20231 LBP = 0.0008 GHS
22 August 20231 LBP = 0.0007 GHS
23 August 20231 LBP = 0.0007 GHS
24 August 20231 LBP = 0.0007 GHS
25 August 20231 LBP = 0.0008 GHS
28 August 20231 LBP = 0.0008 GHS
29 August 20231 LBP = 0.0008 GHS
30 August 20231 LBP = 0.0008 GHS
31 August 20231 LBP = 0.0008 GHS

17/10/2019: Protests against economic crisis

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

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

01/01/1976: Lebanese Civil War

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

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

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.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

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.