Historic Moroccan dirham Lebanese pound

Moroccan dirham lebanese pound history for February 2024. The highest quote for this month is 9189.83 (26/02/2024) and the lowest 9196.05 (23/02/2024). The difference between high and low is -0.07.

MAD LBP average rate for February 2024 is 4189.5, the change between 01/02/2024 and 29/02/2024 is -505.19 %.

01 February 20241 MAD = 1505.60 LBP
02 February 20241 MAD = 1499.28 LBP
03 February 20241 MAD = 1494.68 LBP
04 February 20241 MAD = 1494.68 LBP
05 February 20241 MAD = 1549.93 LBP
06 February 20241 MAD = 1538.48 LBP
07 February 20241 MAD = 1505.62 LBP
08 February 20241 MAD = 1491.01 LBP
09 February 20241 MAD = 1494.72 LBP
12 February 20241 MAD = 1543.87 LBP
13 February 20241 MAD = 1494.87 LBP
14 February 20241 MAD = 1497.82 LBP
15 February 20241 MAD = 1486.40 LBP
16 February 20241 MAD = 1491.80 LBP
19 February 20241 MAD = 1538.23 LBP
20 February 20241 MAD = 1530.20 LBP
21 February 20241 MAD = 8850.72 LBP
22 February 20241 MAD = 8882.60 LBP
23 February 20241 MAD = 8901.93 LBP
24 February 20241 MAD = 8902.99 LBP
25 February 20241 MAD = 8902.99 LBP
26 February 20241 MAD = 9195.96 LBP
27 February 20241 MAD = 8933.92 LBP
28 February 20241 MAD = 8897.50 LBP
29 February 20241 MAD = 9111.70 LBP

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

17/10/2019: Protests against economic crisis

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

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

01/01/1976: Lebanese Civil War

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

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the 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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.
MAD LBP July 2023
MAD LBP August 2023
MAD LBP September 2023
MAD LBP October 2023
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MAD LBP December 2023
MAD LBP January 2024
MAD LBP February 2024
MAD LBP March 2024
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MAD LBP May 2024
MAD LBP June 2024
MAD LBP July 2024