Lebanese pound united states dollar history for July 2023. The highest quote for this month is 0.000067 (25/07/2023) and the lowest 0.000067 (05/07/2023). The difference between high and low is 0.
LBP USD average rate for July 2023 is 0.00007, the change between 01/07/2023 and 31/07/2023 is -1.52 %.
05 July 2023 | 1 LBP = 0.0001 USD |
25 July 2023 | 1 LBP = 0.0001 USD |
31 July 2023 | 1 LBP = 0.0001 USD |
17/10/2019: Protests against economic crisis
Mass protests erupted in Lebanon due to economic crisis, leading to further depreciation of the Lebanese pound.
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.
01/01/1976: 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.
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.