Historic Philippine peso Lebanese pound

Philippine peso lebanese pound history for December 2023. The highest quote for this month is 271.67 (04/12/2023) and the lowest 284.77 (05/12/2023). The difference between high and low is -4.82.

PHP LBP average rate for December 2023 is 270.67071, the change between 01/12/2023 and 31/12/2023 is -0.83 %.

01 December 20231 PHP = 270.2 LBP
02 December 20231 PHP = 270.5 LBP
03 December 20231 PHP = 270.5 LBP
04 December 20231 PHP = 271.6 LBP
05 December 20231 PHP = 272.3 LBP
06 December 20231 PHP = 272.1 LBP
07 December 20231 PHP = 271.7 LBP
08 December 20231 PHP = 270.1 LBP
10 December 20231 PHP = 270.6 LBP
11 December 20231 PHP = 271.3 LBP
12 December 20231 PHP = 270.1 LBP
13 December 20231 PHP = 270.0 LBP
14 December 20231 PHP = 270.5 LBP
15 December 20231 PHP = 269.5 LBP
16 December 20231 PHP = 269.2 LBP
17 December 20231 PHP = 269.2 LBP
18 December 20231 PHP = 270.5 LBP
19 December 20231 PHP = 269.4 LBP
20 December 20231 PHP = 269.9 LBP
21 December 20231 PHP = 270.1 LBP
22 December 20231 PHP = 271.4 LBP
23 December 20231 PHP = 270.8 LBP
24 December 20231 PHP = 270.8 LBP
25 December 20231 PHP = 271.8 LBP
26 December 20231 PHP = 271.2 LBP
27 December 20231 PHP = 271.3 LBP
28 December 20231 PHP = 270.0 LBP
29 December 20231 PHP = 272.4 LBP

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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

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.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

27/11/1941: Devaluation of the Lebanese pound

The Lebanese pound was devalued by 41.9% following the breakup of the French franc.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

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.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.