Lebanese pound indonesian rupiah exchange rate history (LBP IDR) October 2023

Lebanese pound indonesian rupiah history for October 2023. The highest quote for this month is 1.0645 (23/10/2023) and the lowest 1.0636 (24/10/2023). The difference between high and low is 0.08.

LBP IDR average rate for October 2023 is 1.0497, the change between 01/10/2023 and 31/10/2023 is -2.55 %.

01 October 2023	1 LBP = 1.030 IDR
02 October 2023	1 LBP = 1.028 IDR
03 October 2023	1 LBP = 1.034 IDR
04 October 2023	1 LBP = 1.041 IDR
05 October 2023	1 LBP = 1.039 IDR
06 October 2023	1 LBP = 1.046 IDR
07 October 2023	1 LBP = 1.040 IDR
09 October 2023	1 LBP = 1.045 IDR
10 October 2023	1 LBP = 1.047 IDR
11 October 2023	1 LBP = 1.048 IDR
12 October 2023	1 LBP = 1.048 IDR
13 October 2023	1 LBP = 1.049 IDR
16 October 2023	1 LBP = 1.045 IDR
17 October 2023	1 LBP = 1.045 IDR
18 October 2023	1 LBP = 1.049 IDR
19 October 2023	1 LBP = 1.054 IDR
20 October 2023	1 LBP = 1.057 IDR
21 October 2023	1 LBP = 1.058 IDR
22 October 2023	1 LBP = 1.057 IDR
23 October 2023	1 LBP = 1.060 IDR
24 October 2023	1 LBP = 1.058 IDR
25 October 2023	1 LBP = 1.049 IDR
26 October 2023	1 LBP = 1.058 IDR
27 October 2023	1 LBP = 1.061 IDR
28 October 2023	1 LBP = 1.062 IDR
29 October 2023	1 LBP = 1.062 IDR
30 October 2023	1 LBP = 1.063 IDR
31 October 2023	1 LBP = 1.056 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.

Historic Lebanese pound Indonesian Rupiah