Historic Malaysian ringgit Lebanese pound

Malaysian ringgit lebanese pound history for September 2023. The highest quote for this month is 3240.81 (04/09/2023) and the lowest 3240.9 (01/09/2023). The difference between high and low is 0.

MYR LBP average rate for September 2023 is 3206.82583, the change between 01/09/2023 and 30/09/2023 is +1.16 %.

01 September 20231 MYR = 3233.35 LBP
04 September 20231 MYR = 3242.45 LBP
05 September 20231 MYR = 3224.72 LBP
06 September 20231 MYR = 3234.51 LBP
07 September 20231 MYR = 3211.69 LBP
08 September 20231 MYR = 3210.39 LBP
11 September 20231 MYR = 3203.78 LBP
12 September 20231 MYR = 3217.04 LBP
13 September 20231 MYR = 3208.56 LBP
14 September 20231 MYR = 3208.56 LBP
15 September 20231 MYR = 3205.81 LBP
18 September 20231 MYR = 3197.31 LBP
19 September 20231 MYR = 3199.98 LBP
20 September 20231 MYR = 3195.57 LBP
21 September 20231 MYR = 3203.80 LBP
22 September 20231 MYR = 3198.23 LBP
23 September 20231 MYR = 3201.71 LBP
24 September 20231 MYR = 3201.71 LBP
25 September 20231 MYR = 3188.70 LBP
26 September 20231 MYR = 3204.14 LBP
27 September 20231 MYR = 3200.00 LBP
28 September 20231 MYR = 3188.48 LBP
29 September 20231 MYR = 3187.42 LBP
30 September 20231 MYR = 3195.91 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.