Historic Lebanese pound Mexican peso

Lebanese pound mexican peso history for February 2024. The highest quote for this month is 0.001149 (01/02/2024) and the lowest 0.001142 (02/02/2024). The difference between high and low is 0.61.

LBP MXN average rate for February 2024 is 0.0008, the change between 01/02/2024 and 29/02/2024 is +83.3 %.

01 February 20241 LBP = 0.0011 MXN
02 February 20241 LBP = 0.0011 MXN
03 February 20241 LBP = 0.0011 MXN
04 February 20241 LBP = 0.0011 MXN
05 February 20241 LBP = 0.0011 MXN
06 February 20241 LBP = 0.0011 MXN
07 February 20241 LBP = 0.0011 MXN
08 February 20241 LBP = 0.0011 MXN
09 February 20241 LBP = 0.0011 MXN
12 February 20241 LBP = 0.0011 MXN
13 February 20241 LBP = 0.0011 MXN
14 February 20241 LBP = 0.0011 MXN
15 February 20241 LBP = 0.0011 MXN
16 February 20241 LBP = 0.0011 MXN
19 February 20241 LBP = 0.0011 MXN
20 February 20241 LBP = 0.0011 MXN
21 February 20241 LBP = 0.0002 MXN
22 February 20241 LBP = 0.0002 MXN
23 February 20241 LBP = 0.0002 MXN
24 February 20241 LBP = 0.0002 MXN
25 February 20241 LBP = 0.0002 MXN
26 February 20241 LBP = 0.0002 MXN
27 February 20241 LBP = 0.0002 MXN
28 February 20241 LBP = 0.0002 MXN
29 February 20241 LBP = 0.0002 MXN

17/10/2019: Protests against economic crisis

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

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

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.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

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.

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

01/01/1976: Lebanese Civil War

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

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

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.