Lebanese pound thai baht exchange rate history (LBP THB) August 2023

Lebanese pound thai baht history for August 2023. The highest quote for this month is 0.002367 (17/08/2023) and the lowest 0.00236 (17/08/2023). The difference between high and low is 0.3.

LBP THB average rate for August 2023 is 0.00234, the change between 01/08/2023 and 31/08/2023 is -2.32 %.

01 August 2023	1 LBP = 0.0023 THB
02 August 2023	1 LBP = 0.0023 THB
03 August 2023	1 LBP = 0.0023 THB
04 August 2023	1 LBP = 0.0023 THB
07 August 2023	1 LBP = 0.0023 THB
08 August 2023	1 LBP = 0.0023 THB
09 August 2023	1 LBP = 0.0023 THB
10 August 2023	1 LBP = 0.0023 THB
11 August 2023	1 LBP = 0.0023 THB
12 August 2023	1 LBP = 0.0023 THB
14 August 2023	1 LBP = 0.0023 THB
15 August 2023	1 LBP = 0.0023 THB
16 August 2023	1 LBP = 0.0024 THB
17 August 2023	1 LBP = 0.0024 THB
18 August 2023	1 LBP = 0.0024 THB
20 August 2023	1 LBP = 0.0024 THB
21 August 2023	1 LBP = 0.0024 THB
22 August 2023	1 LBP = 0.0023 THB
23 August 2023	1 LBP = 0.0023 THB
24 August 2023	1 LBP = 0.0023 THB
25 August 2023	1 LBP = 0.0023 THB
28 August 2023	1 LBP = 0.0023 THB
29 August 2023	1 LBP = 0.0024 THB
30 August 2023	1 LBP = 0.0023 THB
31 August 2023	1 LBP = 0.0023 THB

17/10/2019: Protests against economic crisis

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

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting 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.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

01/01/1976: Lebanese Civil War

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

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

27/11/1941: Devaluation of the Lebanese pound

The Lebanese pound was devalued by 41.9% following the breakup of the French franc.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

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 Thai baht