Historic Lebanese pound Arab Emirates Dirham

Lebanese pound arab emirates dirham history for January 2024. The highest quote for this month is 0.000245 (02/01/2024) and the lowest 0.000246 (08/01/2024). The difference between high and low is -0.41.

LBP AED average rate for January 2024 is 0.00024, the change between 01/01/2024 and 31/01/2024 is -0.41 %.

01 January 20241 LBP = 0.0002 AED
02 January 20241 LBP = 0.0002 AED
03 January 20241 LBP = 0.0002 AED
04 January 20241 LBP = 0.0002 AED
05 January 20241 LBP = 0.0002 AED
06 January 20241 LBP = 0.0002 AED
07 January 20241 LBP = 0.0002 AED
08 January 20241 LBP = 0.0002 AED
09 January 20241 LBP = 0.0002 AED
10 January 20241 LBP = 0.0002 AED
11 January 20241 LBP = 0.0002 AED
12 January 20241 LBP = 0.0002 AED
14 January 20241 LBP = 0.0002 AED
15 January 20241 LBP = 0.0002 AED
16 January 20241 LBP = 0.0002 AED
17 January 20241 LBP = 0.0002 AED
18 January 20241 LBP = 0.0002 AED
19 January 20241 LBP = 0.0002 AED
22 January 20241 LBP = 0.0002 AED
23 January 20241 LBP = 0.0002 AED
24 January 20241 LBP = 0.0002 AED
25 January 20241 LBP = 0.0002 AED
26 January 20241 LBP = 0.0002 AED
28 January 20241 LBP = 0.0002 AED
29 January 20241 LBP = 0.0002 AED
30 January 20241 LBP = 0.0002 AED
31 January 20241 LBP = 0.0002 AED

17/10/2019: Protests against economic crisis

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

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

01/01/1976: Lebanese Civil War

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

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.
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LBP AED January 2025