Historic Lebanese pound Kazakhstani tenge

Lebanese pound kazakhstani tenge history for November 2023. The highest quote for this month is 0.031167 (01/11/2023) and the lowest 0.031167 (01/11/2023). The difference between high and low is 0.

LBP KZT average rate for November 2023 is 0.03075, the change between 01/11/2023 and 30/11/2023 is +2.3 %.

01 November 20231 LBP = 0.0311 KZT
02 November 20231 LBP = 0.0311 KZT
03 November 20231 LBP = 0.0310 KZT
06 November 20231 LBP = 0.0308 KZT
07 November 20231 LBP = 0.0308 KZT
08 November 20231 LBP = 0.0308 KZT
09 November 20231 LBP = 0.0311 KZT
10 November 20231 LBP = 0.0311 KZT
12 November 20231 LBP = 0.0311 KZT
13 November 20231 LBP = 0.0310 KZT
14 November 20231 LBP = 0.0309 KZT
15 November 20231 LBP = 0.0307 KZT
16 November 20231 LBP = 0.0307 KZT
17 November 20231 LBP = 0.0306 KZT
18 November 20231 LBP = 0.0307 KZT
19 November 20231 LBP = 0.0307 KZT
20 November 20231 LBP = 0.0308 KZT
21 November 20231 LBP = 0.0307 KZT
22 November 20231 LBP = 0.0304 KZT
23 November 20231 LBP = 0.0303 KZT
24 November 20231 LBP = 0.0306 KZT
26 November 20231 LBP = 0.0306 KZT
27 November 20231 LBP = 0.0306 KZT
28 November 20231 LBP = 0.0305 KZT
29 November 20231 LBP = 0.0305 KZT
30 November 20231 LBP = 0.0304 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.