Historic Lebanese pound United States dollar

Lebanese pound united states dollar history for March 2024. The highest quote for this month is 0.000011 (01/03/2024) and the lowest 0.000011 (01/03/2024). The difference between high and low is 0.

LBP USD average rate for March 2024 is 0.00001, the change between 01/03/2024 and 31/03/2024 is 0 %.

01 March 20241 LBP = 0.0000 USD
03 March 20241 LBP = 0.0000 USD
04 March 20241 LBP = 0.0000 USD
05 March 20241 LBP = 0.0000 USD
06 March 20241 LBP = 0.0000 USD
07 March 20241 LBP = 0.0000 USD
08 March 20241 LBP = 0.0000 USD
10 March 20241 LBP = 0.0000 USD
11 March 20241 LBP = 0.0000 USD
12 March 20241 LBP = 0.0000 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.