Lebanese pound romanian leu exchange rate history (LBP RON) October 2023

Lebanese pound romanian leu history for October 2023. The highest quote for this month is 0.000316 (04/10/2023) and the lowest 0.000316 (03/10/2023). The difference between high and low is 0.

LBP RON average rate for October 2023 is 0.00031, the change between 01/10/2023 and 31/10/2023 is +0.64 %.

01 October 2023	1 LBP = 0.0003 RON
02 October 2023	1 LBP = 0.0003 RON
03 October 2023	1 LBP = 0.0003 RON
04 October 2023	1 LBP = 0.0003 RON
05 October 2023	1 LBP = 0.0003 RON
06 October 2023	1 LBP = 0.0003 RON
09 October 2023	1 LBP = 0.0003 RON
10 October 2023	1 LBP = 0.0003 RON
11 October 2023	1 LBP = 0.0003 RON
12 October 2023	1 LBP = 0.0003 RON
13 October 2023	1 LBP = 0.0003 RON
16 October 2023	1 LBP = 0.0003 RON
17 October 2023	1 LBP = 0.0003 RON
18 October 2023	1 LBP = 0.0003 RON
19 October 2023	1 LBP = 0.0003 RON
20 October 2023	1 LBP = 0.0003 RON
21 October 2023	1 LBP = 0.0003 RON
22 October 2023	1 LBP = 0.0003 RON
23 October 2023	1 LBP = 0.0003 RON
24 October 2023	1 LBP = 0.0003 RON
25 October 2023	1 LBP = 0.0003 RON
26 October 2023	1 LBP = 0.0003 RON
27 October 2023	1 LBP = 0.0003 RON
29 October 2023	1 LBP = 0.0003 RON
30 October 2023	1 LBP = 0.0003 RON
31 October 2023	1 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.

Historic Lebanese pound Romanian leu