Historic Lebanese pound Kazakhstani tenge

Lebanese pound kazakhstani tenge history for January 2024. The highest quote for this month is 0.030335 (04/01/2024) and the lowest 0.030294 (01/01/2024). The difference between high and low is 0.14.

LBP KZT average rate for January 2024 is 0.02998, the change between 01/01/2024 and 31/01/2024 is +1.87 %.

01 January 20241 LBP = 0.0303 KZT
02 January 20241 LBP = 0.0303 KZT
03 January 20241 LBP = 0.0302 KZT
04 January 20241 LBP = 0.0303 KZT
05 January 20241 LBP = 0.0301 KZT
06 January 20241 LBP = 0.0302 KZT
07 January 20241 LBP = 0.0302 KZT
08 January 20241 LBP = 0.0301 KZT
09 January 20241 LBP = 0.0301 KZT
10 January 20241 LBP = 0.0301 KZT
11 January 20241 LBP = 0.0301 KZT
12 January 20241 LBP = 0.0300 KZT
14 January 20241 LBP = 0.0301 KZT
15 January 20241 LBP = 0.0300 KZT
16 January 20241 LBP = 0.0300 KZT
17 January 20241 LBP = 0.0300 KZT
18 January 20241 LBP = 0.0300 KZT
19 January 20241 LBP = 0.0299 KZT
22 January 20241 LBP = 0.0298 KZT
23 January 20241 LBP = 0.0297 KZT
24 January 20241 LBP = 0.0295 KZT
25 January 20241 LBP = 0.0296 KZT
26 January 20241 LBP = 0.0297 KZT
28 January 20241 LBP = 0.0300 KZT
29 January 20241 LBP = 0.0299 KZT
30 January 20241 LBP = 0.0297 KZT
31 January 20241 LBP = 0.0297 KZT

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

17/10/2019: Protests against economic crisis

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

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

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.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.

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.

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.
LBP KZT December 2023
LBP KZT January 2024
LBP KZT February 2024
LBP KZT March 2024
LBP KZT April 2024
LBP KZT May 2024
LBP KZT June 2024
LBP KZT July 2024
LBP KZT August 2024
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LBP KZT December 2024