Historic Lebanese pound South African rand

Lebanese pound south african rand history for February 2024. The highest quote for this month is 0.001276 (13/02/2024) and the lowest 0.001265 (12/02/2024). The difference between high and low is 0.86.

LBP ZAR average rate for February 2024 is 0.00088, the change between 01/02/2024 and 29/02/2024 is +82.54 %.

01 February 20241 LBP = 0.0012 ZAR
02 February 20241 LBP = 0.0012 ZAR
03 February 20241 LBP = 0.0013 ZAR
04 February 20241 LBP = 0.0013 ZAR
05 February 20241 LBP = 0.0012 ZAR
06 February 20241 LBP = 0.0013 ZAR
07 February 20241 LBP = 0.0012 ZAR
08 February 20241 LBP = 0.0013 ZAR
09 February 20241 LBP = 0.0013 ZAR
12 February 20241 LBP = 0.0013 ZAR
13 February 20241 LBP = 0.0013 ZAR
14 February 20241 LBP = 0.0013 ZAR
15 February 20241 LBP = 0.0013 ZAR
16 February 20241 LBP = 0.0013 ZAR
19 February 20241 LBP = 0.0013 ZAR
20 February 20241 LBP = 0.0013 ZAR
21 February 20241 LBP = 0.0002 ZAR
22 February 20241 LBP = 0.0002 ZAR
23 February 20241 LBP = 0.0002 ZAR
24 February 20241 LBP = 0.0002 ZAR
25 February 20241 LBP = 0.0002 ZAR
26 February 20241 LBP = 0.0002 ZAR
27 February 20241 LBP = 0.0002 ZAR
28 February 20241 LBP = 0.0002 ZAR
29 February 20241 LBP = 0.0002 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

17/10/2019: Protests against economic crisis

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

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

01/01/1976: Lebanese Civil War

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

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African 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.

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.
LBP ZAR January 2024
LBP ZAR February 2024
LBP ZAR March 2024
LBP ZAR April 2024
LBP ZAR May 2024
LBP ZAR June 2024
LBP ZAR July 2024
LBP ZAR August 2024
LBP ZAR September 2024
LBP ZAR October 2024
LBP ZAR November 2024
LBP ZAR December 2024
LBP ZAR January 2025