Historic Lebanese pound South Korean Won

Lebanese pound south korean won history for January 2024. The highest quote for this month is 0.089918 (17/01/2024) and the lowest 0.089185 (18/01/2024). The difference between high and low is 0.82.

LBP KRW average rate for January 2024 is 0.08814, the change between 01/01/2024 and 31/01/2024 is -2.72 %.

01 January 20241 LBP = 0.0861 KRW
02 January 20241 LBP = 0.0860 KRW
03 January 20241 LBP = 0.0872 KRW
04 January 20241 LBP = 0.0873 KRW
05 January 20241 LBP = 0.0874 KRW
06 January 20241 LBP = 0.0877 KRW
07 January 20241 LBP = 0.0876 KRW
08 January 20241 LBP = 0.0878 KRW
09 January 20241 LBP = 0.0875 KRW
10 January 20241 LBP = 0.0881 KRW
11 January 20241 LBP = 0.0878 KRW
12 January 20241 LBP = 0.0875 KRW
14 January 20241 LBP = 0.0875 KRW
15 January 20241 LBP = 0.0877 KRW
16 January 20241 LBP = 0.0881 KRW
17 January 20241 LBP = 0.0891 KRW
18 January 20241 LBP = 0.0896 KRW
19 January 20241 LBP = 0.0892 KRW
22 January 20241 LBP = 0.0890 KRW
23 January 20241 LBP = 0.0892 KRW
24 January 20241 LBP = 0.0891 KRW
25 January 20241 LBP = 0.0887 KRW
26 January 20241 LBP = 0.0891 KRW
28 January 20241 LBP = 0.0891 KRW
29 January 20241 LBP = 0.0891 KRW
30 January 20241 LBP = 0.0887 KRW
31 January 20241 LBP = 0.0885 KRW

17/10/2019: Protests against economic crisis

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

01/01/1986: 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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

01/01/1976: Lebanese Civil War

The Lebanese Civil War began, causing significant economic instability and devaluation of the Lebanese pound.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

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.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

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 KRW July 2023
LBP KRW August 2023
LBP KRW September 2023
LBP KRW October 2023
LBP KRW November 2023
LBP KRW December 2023
LBP KRW January 2024
LBP KRW February 2024
LBP KRW March 2024
LBP KRW April 2024
LBP KRW May 2024
LBP KRW June 2024
LBP KRW July 2024