Qatari Rial lebanese pound exchange rate history (QAR LBP) August 2023

Qatari Rial lebanese pound history for August 2023. The highest quote for this month is 4137.09 (25/08/2023) and the lowest 4120.88 (12/08/2023). The difference between high and low is 0.39.

QAR LBP average rate for August 2023 is 4118.25423, the change between 01/08/2023 and 31/08/2023 is +0.09 %.

01 August 2023	1 QAR = 4126.13 LBP
02 August 2023	1 QAR = 4122.01 LBP
03 August 2023	1 QAR = 4120.98 LBP
04 August 2023	1 QAR = 4122.01 LBP
07 August 2023	1 QAR = 4088.38 LBP
08 August 2023	1 QAR = 4112.39 LBP
09 August 2023	1 QAR = 4113.58 LBP
10 August 2023	1 QAR = 4115.28 LBP
11 August 2023	1 QAR = 4114.82 LBP
12 August 2023	1 QAR = 4120.88 LBP
14 August 2023	1 QAR = 4130.47 LBP
15 August 2023	1 QAR = 4121.22 LBP
16 August 2023	1 QAR = 4122.82 LBP
17 August 2023	1 QAR = 4122.42 LBP
18 August 2023	1 QAR = 4118.80 LBP
19 August 2023	1 QAR = 4120.88 LBP
20 August 2023	1 QAR = 4120.88 LBP
21 August 2023	1 QAR = 4103.32 LBP
22 August 2023	1 QAR = 4126.13 LBP
23 August 2023	1 QAR = 4122.01 LBP
24 August 2023	1 QAR = 4121.45 LBP
25 August 2023	1 QAR = 4121.45 LBP
28 August 2023	1 QAR = 4116.39 LBP
29 August 2023	1 QAR = 4114.51 LBP
30 August 2023	1 QAR = 4113.14 LBP
31 August 2023	1 QAR = 4122.26 LBP

01/01/2021: Launch of a digital currency pilot program

Qatar announced the launch of a pilot program to test the use of a digital currency as part of its efforts to introduce blockchain technology in the financial sector.

17/10/2019: Protests against economic crisis

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

05/06/2017: Qatar diplomatic crisis affects the currency

Following the diplomatic crisis and blockade imposed by neighboring countries, the Qatari rial faced volatility and depreciated against major currencies.

27/05/2015: Qatari rial pegged to a basket of currencies

The Qatari rial's peg was diversified to include a basket of currencies, reducing its dependence on the US dollar.

08/06/2001: Creation of the Qatar Central Bank

The Qatar Central Bank was established to replace the Qatar Currency Board and assume the responsibility of regulating the Qatari rial.

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.

27/07/1997: Qatar Currency Board established

The Qatar Currency Board was established to regulate the issuance and circulation of the Qatari rial and maintain its stability.

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.

27/03/1976: Currency pegged to the US Dollar

The Qatari rial was pegged to the US dollar at a fixed exchange rate of 1 USD = 3.64 QAR to stabilize its value and promote trade.

01/01/1976: Lebanese Civil War

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

24/06/1973: Introduction of Qatari Rial

Qatar officially introduced the Qatari rial as its currency, replacing the Gulf rupee at a rate of 1 rial = 1.65 rupees.

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.

Historic Qatari Rial Lebanese pound