Historic Lebanese pound Iraqi dinar

Lebanese pound iraqi dinar history for February 2024. The highest quote for this month is 0.087267 (03/02/2024) and the lowest 0.087267 (04/02/2024). The difference between high and low is 0.

LBP IQD average rate for February 2024 is 0.06066, the change between 01/02/2024 and 29/02/2024 is +83.52 %.

01 February 20241 LBP = 0.0869 IQD
02 February 20241 LBP = 0.0872 IQD
03 February 20241 LBP = 0.0873 IQD
04 February 20241 LBP = 0.0873 IQD
05 February 20241 LBP = 0.0855 IQD
06 February 20241 LBP = 0.0855 IQD
07 February 20241 LBP = 0.0863 IQD
08 February 20241 LBP = 0.0871 IQD
09 February 20241 LBP = 0.0871 IQD
12 February 20241 LBP = 0.0855 IQD
13 February 20241 LBP = 0.0872 IQD
14 February 20241 LBP = 0.0868 IQD
15 February 20241 LBP = 0.0874 IQD
16 February 20241 LBP = 0.0872 IQD
19 February 20241 LBP = 0.0855 IQD
20 February 20241 LBP = 0.0858 IQD
21 February 20241 LBP = 0.0147 IQD
22 February 20241 LBP = 0.0146 IQD
23 February 20241 LBP = 0.0146 IQD
24 February 20241 LBP = 0.0146 IQD
25 February 20241 LBP = 0.0146 IQD
26 February 20241 LBP = 0.0143 IQD
27 February 20241 LBP = 0.0146 IQD
28 February 20241 LBP = 0.0146 IQD
29 February 20241 LBP = 0.0143 IQD

17/10/2019: Protests against economic crisis

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

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

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.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

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.