Historic Lebanese pound Malaysian ringgit

Lebanese pound malaysian ringgit history for October 2023. The highest quote for this month is 0.000319 (20/10/2023) and the lowest 0.000321 (24/10/2023). The difference between high and low is -0.63.

LBP MYR average rate for October 2023 is 0.00032, the change between 01/10/2023 and 31/10/2023 is -1.28 %.

01 October 20231 LBP = 0.0003 MYR
02 October 20231 LBP = 0.0003 MYR
03 October 20231 LBP = 0.0003 MYR
04 October 20231 LBP = 0.0003 MYR
05 October 20231 LBP = 0.0003 MYR
06 October 20231 LBP = 0.0003 MYR
07 October 20231 LBP = 0.0003 MYR
09 October 20231 LBP = 0.0003 MYR
10 October 20231 LBP = 0.0003 MYR
11 October 20231 LBP = 0.0003 MYR
12 October 20231 LBP = 0.0003 MYR
13 October 20231 LBP = 0.0003 MYR
16 October 20231 LBP = 0.0003 MYR
17 October 20231 LBP = 0.0003 MYR
18 October 20231 LBP = 0.0003 MYR
19 October 20231 LBP = 0.0003 MYR
20 October 20231 LBP = 0.0003 MYR
21 October 20231 LBP = 0.0003 MYR
22 October 20231 LBP = 0.0003 MYR
23 October 20231 LBP = 0.0003 MYR
24 October 20231 LBP = 0.0003 MYR
25 October 20231 LBP = 0.0003 MYR
26 October 20231 LBP = 0.0003 MYR
27 October 20231 LBP = 0.0003 MYR
28 October 20231 LBP = 0.0003 MYR
29 October 20231 LBP = 0.0003 MYR
30 October 20231 LBP = 0.0003 MYR
31 October 20231 LBP = 0.0003 MYR

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

17/10/2019: Protests against economic crisis

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

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

01/01/1976: Lebanese Civil War

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

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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.
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