Historic Moroccan dirham Lebanese pound

Moroccan dirham lebanese pound history for January 2024. The highest quote for this month is 1563.3 (01/01/2024) and the lowest 1568.27 (04/01/2024). The difference between high and low is -0.32.

MAD LBP average rate for January 2024 is 1523.29444, the change between 01/01/2024 and 31/01/2024 is +4.09 %.

01 January 20241 MAD = 1563.30 LBP
02 January 20241 MAD = 1563.30 LBP
03 January 20241 MAD = 1511.03 LBP
04 January 20241 MAD = 1511.03 LBP
05 January 20241 MAD = 1515.92 LBP
06 January 20241 MAD = 1508.13 LBP
07 January 20241 MAD = 1512.55 LBP
08 January 20241 MAD = 1556.00 LBP
09 January 20241 MAD = 1509.54 LBP
10 January 20241 MAD = 1554.44 LBP
11 January 20241 MAD = 1508.65 LBP
12 January 20241 MAD = 1506.78 LBP
14 January 20241 MAD = 1508.17 LBP
15 January 20241 MAD = 1553.74 LBP
16 January 20241 MAD = 1554.61 LBP
17 January 20241 MAD = 1551.03 LBP
18 January 20241 MAD = 1501.90 LBP
19 January 20241 MAD = 1501.90 LBP
22 January 20241 MAD = 1556.14 LBP
23 January 20241 MAD = 1509.05 LBP
24 January 20241 MAD = 1503.02 LBP
25 January 20241 MAD = 1506.93 LBP
26 January 20241 MAD = 1503.01 LBP
28 January 20241 MAD = 1504.21 LBP
29 January 20241 MAD = 1554.61 LBP
30 January 20241 MAD = 1500.55 LBP
31 January 20241 MAD = 1499.41 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 January 2024
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