Lebanese pound icelandic krona exchange rate history (LBP ISK) August 2023

Lebanese pound icelandic krona history for August 2023. The highest quote for this month is 0.008832 (08/08/2023) and the lowest 0.008822 (07/08/2023). The difference between high and low is 0.11.

LBP ISK average rate for August 2023 is 0.00877, the change between 01/08/2023 and 31/08/2023 is +0.55 %.

01 August 2023	1 LBP = 0.0087 ISK
02 August 2023	1 LBP = 0.0087 ISK
03 August 2023	1 LBP = 0.0088 ISK
04 August 2023	1 LBP = 0.0088 ISK
07 August 2023	1 LBP = 0.0088 ISK
08 August 2023	1 LBP = 0.0088 ISK
09 August 2023	1 LBP = 0.0088 ISK
10 August 2023	1 LBP = 0.0088 ISK
11 August 2023	1 LBP = 0.0088 ISK
14 August 2023	1 LBP = 0.0088 ISK
15 August 2023	1 LBP = 0.0088 ISK
16 August 2023	1 LBP = 0.0088 ISK
17 August 2023	1 LBP = 0.0088 ISK
18 August 2023	1 LBP = 0.0088 ISK
21 August 2023	1 LBP = 0.0088 ISK
22 August 2023	1 LBP = 0.0088 ISK
23 August 2023	1 LBP = 0.0088 ISK
24 August 2023	1 LBP = 0.0088 ISK
25 August 2023	1 LBP = 0.0088 ISK
28 August 2023	1 LBP = 0.0088 ISK
29 August 2023	1 LBP = 0.0088 ISK
30 August 2023	1 LBP = 0.0087 ISK
31 August 2023	1 LBP = 0.0087 ISK

17/10/2019: Protests against economic crisis

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

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.

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.

Historic Lebanese pound Icelandic Krona