Historic Malaysian ringgit Lebanese pound

Malaysian ringgit lebanese pound history for January 2024. The highest quote for this month is 3275.81 (01/01/2024) and the lowest 3274.03 (01/01/2024). The difference between high and low is 0.05.

MYR LBP average rate for January 2024 is 3211.84407, the change between 01/01/2024 and 31/01/2024 is +2.97 %.

01 January 20241 MYR = 3271.07 LBP
02 January 20241 MYR = 3274.03 LBP
03 January 20241 MYR = 3260.16 LBP
04 January 20241 MYR = 3260.16 LBP
05 January 20241 MYR = 3237.64 LBP
06 January 20241 MYR = 3224.07 LBP
07 January 20241 MYR = 3228.93 LBP
08 January 20241 MYR = 3213.93 LBP
09 January 20241 MYR = 3223.31 LBP
10 January 20241 MYR = 3229.45 LBP
11 January 20241 MYR = 3233.14 LBP
12 January 20241 MYR = 3227.40 LBP
14 January 20241 MYR = 3229.28 LBP
15 January 20241 MYR = 3223.71 LBP
16 January 20241 MYR = 3209.43 LBP
17 January 20241 MYR = 3233.12 LBP
18 January 20241 MYR = 3181.55 LBP
19 January 20241 MYR = 3181.55 LBP
22 January 20241 MYR = 3179.51 LBP
23 January 20241 MYR = 3175.28 LBP
24 January 20241 MYR = 3175.49 LBP
25 January 20241 MYR = 3173.60 LBP
26 January 20241 MYR = 3171.92 LBP
28 January 20241 MYR = 3174.60 LBP
29 January 20241 MYR = 3176.09 LBP
30 January 20241 MYR = 3177.40 LBP
31 January 20241 MYR = 3173.97 LBP

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

17/10/2019: Protests against economic crisis

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

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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 Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

01/01/1976: Lebanese Civil War

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

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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.
MYR LBP July 2023
MYR LBP August 2023
MYR LBP September 2023
MYR LBP October 2023
MYR LBP November 2023
MYR LBP December 2023
MYR LBP January 2024
MYR LBP February 2024
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MYR LBP May 2024
MYR LBP June 2024
MYR LBP July 2024