Historic Lebanese pound Indonesian Rupiah

Lebanese pound indonesian rupiah history for January 2024. The highest quote for this month is 1.0575 (25/01/2024) and the lowest 1.0543 (28/01/2024). The difference between high and low is 0.3.

LBP IDR average rate for January 2024 is 1.03989, the change between 01/01/2024 and 31/01/2024 is -2.77 %.

01 January 20241 LBP = 1.024 IDR
02 January 20241 LBP = 1.023 IDR
03 January 20241 LBP = 1.033 IDR
04 January 20241 LBP = 1.037 IDR
05 January 20241 LBP = 1.034 IDR
06 January 20241 LBP = 1.034 IDR
07 January 20241 LBP = 1.034 IDR
08 January 20241 LBP = 1.035 IDR
09 January 20241 LBP = 1.034 IDR
10 January 20241 LBP = 1.037 IDR
11 January 20241 LBP = 1.037 IDR
12 January 20241 LBP = 1.038 IDR
14 January 20241 LBP = 1.036 IDR
15 January 20241 LBP = 1.035 IDR
16 January 20241 LBP = 1.038 IDR
17 January 20241 LBP = 1.041 IDR
18 January 20241 LBP = 1.042 IDR
19 January 20241 LBP = 1.041 IDR
22 January 20241 LBP = 1.041 IDR
23 January 20241 LBP = 1.044 IDR
24 January 20241 LBP = 1.048 IDR
25 January 20241 LBP = 1.048 IDR
26 January 20241 LBP = 1.054 IDR
28 January 20241 LBP = 1.054 IDR
29 January 20241 LBP = 1.051 IDR
30 January 20241 LBP = 1.053 IDR
31 January 20241 LBP = 1.052 IDR

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

17/10/2019: Protests against economic crisis

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

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

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.

01/07/1997: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

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.

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

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.

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.

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.
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