Historic Lebanese pound Romanian leu

Lebanese pound romanian leu history for November 2023. The highest quote for this month is 0.000315 (01/11/2023) and the lowest 0.000313 (01/11/2023). The difference between high and low is 0.63.

LBP RON average rate for November 2023 is 0.00031, the change between 01/11/2023 and 30/11/2023 is +3.83 %.

01 November 20231 LBP = 0.0003 RON
02 November 20231 LBP = 0.0003 RON
03 November 20231 LBP = 0.0003 RON
06 November 20231 LBP = 0.0003 RON
07 November 20231 LBP = 0.0003 RON
08 November 20231 LBP = 0.0003 RON
09 November 20231 LBP = 0.0003 RON
10 November 20231 LBP = 0.0003 RON
12 November 20231 LBP = 0.0003 RON
13 November 20231 LBP = 0.0003 RON
14 November 20231 LBP = 0.0003 RON
15 November 20231 LBP = 0.0003 RON
16 November 20231 LBP = 0.0003 RON
17 November 20231 LBP = 0.0003 RON
19 November 20231 LBP = 0.0003 RON
20 November 20231 LBP = 0.0003 RON
21 November 20231 LBP = 0.0003 RON
22 November 20231 LBP = 0.0003 RON
23 November 20231 LBP = 0.0003 RON
24 November 20231 LBP = 0.0003 RON
26 November 20231 LBP = 0.0003 RON
27 November 20231 LBP = 0.0003 RON
28 November 20231 LBP = 0.0003 RON
29 November 20231 LBP = 0.0003 RON
30 November 20231 LBP = 0.0003 RON

17/10/2019: Protests against economic crisis

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

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

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.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.