Historic Lebanese pound Libyan dinar

Lebanese pound libyan dinar history for February 2024. The highest quote for this month is 0.000322 (09/02/2024) and the lowest 0.000322 (15/02/2024). The difference between high and low is 0.

LBP LYD average rate for February 2024 is 0.00022, the change between 01/02/2024 and 29/02/2024 is +83.07 %.

01 February 20241 LBP = 0.0003 LYD
02 February 20241 LBP = 0.0003 LYD
03 February 20241 LBP = 0.0003 LYD
04 February 20241 LBP = 0.0003 LYD
05 February 20241 LBP = 0.0003 LYD
06 February 20241 LBP = 0.0003 LYD
07 February 20241 LBP = 0.0003 LYD
08 February 20241 LBP = 0.0003 LYD
09 February 20241 LBP = 0.0003 LYD
12 February 20241 LBP = 0.0003 LYD
13 February 20241 LBP = 0.0003 LYD
14 February 20241 LBP = 0.0003 LYD
15 February 20241 LBP = 0.0003 LYD
16 February 20241 LBP = 0.0003 LYD
19 February 20241 LBP = 0.0003 LYD
20 February 20241 LBP = 0.0003 LYD
21 February 20241 LBP = 0.0001 LYD
22 February 20241 LBP = 0.0001 LYD
23 February 20241 LBP = 0.0001 LYD
24 February 20241 LBP = 0.0001 LYD
25 February 20241 LBP = 0.0001 LYD
26 February 20241 LBP = 0.0001 LYD
27 February 20241 LBP = 0.0001 LYD
28 February 20241 LBP = 0.0001 LYD
29 February 20241 LBP = 0.0001 LYD

17/10/2019: Protests against economic crisis

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

06/09/2018: Announcement of new dinar notes

The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.

28/07/2014: Recognition of rival governments

The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.

17/02/2011: Start of the Libyan Civil War

The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan 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.

07/04/1986: US imposes economic sanctions

The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan 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.

02/03/1978: Establishment of the Central Bank of Libya

The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan dinar.

01/01/1976: Lebanese Civil War

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

08/09/1971: Introduction of the Libyan dinar

The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 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.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.

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.