Lebanese pound sri lankan rupee exchange rate history (LBP LKR) August 2023

Lebanese pound sri lankan rupee history for August 2023. The highest quote for this month is 0.021457 (25/08/2023) and the lowest 0.021444 (22/08/2023). The difference between high and low is 0.06.

LBP LKR average rate for August 2023 is 0.02124, the change between 01/08/2023 and 31/08/2023 is -0.55 %.

01 August 2023	1 LBP = 0.0211 LKR
02 August 2023	1 LBP = 0.0211 LKR
03 August 2023	1 LBP = 0.0208 LKR
04 August 2023	1 LBP = 0.0211 LKR
07 August 2023	1 LBP = 0.0212 LKR
08 August 2023	1 LBP = 0.0214 LKR
09 August 2023	1 LBP = 0.0212 LKR
10 August 2023	1 LBP = 0.0211 LKR
11 August 2023	1 LBP = 0.0211 LKR
12 August 2023	1 LBP = 0.0212 LKR
14 August 2023	1 LBP = 0.0212 LKR
15 August 2023	1 LBP = 0.0213 LKR
16 August 2023	1 LBP = 0.0212 LKR
17 August 2023	1 LBP = 0.0212 LKR
18 August 2023	1 LBP = 0.0212 LKR
21 August 2023	1 LBP = 0.0214 LKR
22 August 2023	1 LBP = 0.0214 LKR
23 August 2023	1 LBP = 0.0214 LKR
24 August 2023	1 LBP = 0.0214 LKR
25 August 2023	1 LBP = 0.0214 LKR
28 August 2023	1 LBP = 0.0214 LKR
29 August 2023	1 LBP = 0.0214 LKR
30 August 2023	1 LBP = 0.0213 LKR
31 August 2023	1 LBP = 0.0212 LKR

17/10/2019: Protests against economic crisis

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

16/12/2016: Demonetization of 50 Rupee Note

The 50 Rupee banknote was demonetized, leading to widespread confusion and inconvenience as people rushed to exchange their old notes.

01/01/2010: Decimalization of Rupee

The Rupee was decimalized, with the introduction of coins denominated in cents, replacing the previous system of cents represented as a fraction of a Rupee.

17/08/2005: Series of New Banknotes

A new series of banknotes featuring improved security features and a more vibrant design was introduced to combat counterfeiting.

01/06/2001: Introduction of 10 Rupee Coin

The 10 Rupee coin was introduced, replacing the 10 Rupee banknotes, to reduce the cost of production and improve durability.

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.

01/01/1986: 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.

01/07/1977: Floating Exchange Rate

Sri Lanka shifted to a floating exchange rate regime, allowing the value of the Rupee to fluctuate based on market forces.

01/01/1976: Lebanese Civil War

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

22/05/1972: Ceylon becomes Sri Lanka

The country changes its name from Ceylon to Sri Lanka, and the currency is renamed Sri Lankan Rupee (LKR).

22/06/1966: Introduction of the Ceylon Rupee

The Ceylon Rupee was established as the official currency of Sri Lanka, replacing the Indian Rupee at a rate of 1:2.

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.

Historic Lebanese pound Sri Lankan rupee